The US economy grew at a slightly less rapid pace than economists had expected in the third quarter. The Bureau of Economic Analysis'sadvance estimate of third quarter US gross domestic…
The New York Credit Union Association and America’s Credit Unionsjoined together to respond swiftlyto statements made by Rep. Claudia Tenney, R-N.Y., at the American Bankers Association annual conference, where she…
The National Credit Union Administration held its seventh open meeting of 2024 on October 24, during which they received briefs from three departments: the Office of Examination and Insurance, the…
Now that the U.S. Federal Reserve has finally started to cut interest rates to achieve an economic soft landing, expect activity to ramp up at banks and credit unions as…
Some of the top figures on Wall Street sound more concerned about the persistence of inflation than the occupant of the Oval Office in 2025. "I do believe we have…
Student loans can feel like a heavy financial burden for many college graduates. With the rising costs of education, millions of people face years of repayment that can limit their…
One question I like to ask in strategic planning sessions is this: “If your credit union went away today, would your members truly miss you and mourn the loss of…
It did not take Todd Marksberry long to land a new gig. The formerCanvas Credit UnionCEO has joined Innovative Partnerships Group as an executive advisor. In a press release, the…
A former employee of Park Side Credit Union in Whitefish, Montana, admitted to embezzling $390,000 from the company’s vault by swapping funny money for the real cash. The Department of…
What will the Nov. 5 election results mean for credit unions to close out 2024 and beyond? In apost-election webinar scheduled for Nov. 7, hear election results analysis and what…
His mantra of “automate, accelerate and anticipate” not only prepared the group of credit union executives for what he was going to address, but it also was a construct of…
It’s Cybersecurity Month, and while financial institutions around the country are working to strengthen their defenses, it’s important for credit unions not to neglect a critical component of a credit…
It’s that spooky time of year when darkness creeps in before 6 p.m., and the air is filled with tales of tricks and haunted houses. But there’s one area where…
JPMorgan Chase (JPM) CEO Jamie Dimon didn't discuss US election candidates during a public appearance Monday, but he had plenty to say about his current regulators in Washington, D.C. The…
Understanding and managing attrition is vital for most businesses’ long-term success — impacting revenue, profitability, and overall growth. But it matters especially in competitive categories like consumer financial services, where…
Boyd Gustke will retire from his post as president and CEO of Connexus Credit Union effective Nov 15. He will be replaced on an interim basis by the $4.6 billion-asset…
Congress remains in their home districts until after the Nov. 5 election, with session resuming Nov. 12. The election is just over a week away and Americas Credit Unions encourages…
The Nasdaq ended higher on Friday, driven by megacap shares, as investors awaited quarterly results from some of Wall Street's biggest companies next week. Tesla(TSLA.O), opens new tabshares rose a…
An election year means less time in Washington, D.C., for members of Congress, but credit unions aren’t ones to let opportunities pass by. With legislators campaigning back home, Leagues and…
The National Credit Union Administration can only do so much to get new credit unions created, but the agency said it is making strides in chartering more de novos. “Three…
Protecting personal and financial information is a top priority for banks and credit unions, especially in digital banking solutions. This is crucial not only for safeguarding individual account holders and…
Artificial intelligence in banking(AI) has rapidly evolved from being an emerging trend to a potential driver of transformation within financial services. Banks and credit unions are testing use cases and…
Remember the days when IT departments took full responsibility for cybersecurity? Back then, we worked at centralized facilities using company-owned computers and hard-wired phones, and IT had strict control over…
Federal regulators want to make it less of a pain to change your bank — but first, it looks like they’ll have to win a battle in court. On Tuesday,…