Regulators took possession ofFirst Republicon Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to keep the ailing bank…
CUNA has serious reservations about the conclusion of a Government Accountability Office study relating to the regulation of federal depository institutions, it wrote to the GAO. The study, “High-Risk Series…
TheSecure and Fair Enforcement (SAFE) Banking Act, which would provide greater clarity and legal certainty at the federal level for financial institutions to provide services to marijuana-related businesses (MRBs) in…
The credit union philosophy is largely driven by the idea of “people helping people” with a focus on promoting the well-being of every member. However, when it comes to the…
Revisit the 2023 CUNA HR and Organizational Development Council Conference in the latest episode of the Weekly Wrap-up. What were credit union professionals talking about this week when they met…
Credit union CEOs joined CUNA and League leaders in Nashville this week for our National Credit Union Roundtable. All came ready to engage in meaningful dialogue on a variety of…
With record-breaking attendance, this year’s CU FinHealth™ Conference in Las Vegas created a lasting impact on attendees through powerful speakers and inspiring topics. More than 200 credit union professionals from…
Do you ever feel behind the times and that you could use a guide for younger millennials, Gen Z, and beyond, notably when it comes to their banking habits? Unless…
People always say, “time is money,” but that’s not true. Time is more important than money. Yes, money has its constraints – you can run out of it, but at…
A bipartisan group of federal lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act in the U.S. House and Senate Wednesday. Originating sponsors include Sens. Jeff Merkley, D-Ore., and…
NAFCU’s advocacy team provided an update to the association’s Legislative Committee members Wednesday on efforts underway on Capitol Hill related to interchange, the CFPB, and digital assets. In addition, the…
Credit unions have a long-standing reputation for their commitment to members—a key differentiator among other financial institutions. But like most others, credit unions today still rely on sample-based manual compliance…
Consumers’ financial health declined in 2022 for the first time in the five years the Financial Health Network began tracking this measure—making credit unions’ efforts to improve members’ financial well-being…
In episode four of Cyber Tide, Mark Sangster, Chief of Strategy at Adlumin, and Robert Darling, Founder at Flash-EM recap their experiences from RSAC 2023, how their experiences in the…
Though deposits at many institutions are down while uncertainty around the future is growing, Jeff sits down with two experts in the deposits space who offer strategies for organizations to…
It seems everywhere I go, organizations are struggling with labor challenges. Where do we find good people? How do we keep them? How can we get them to be more…
For many businesses, finding ways to improve the month-end close process can make a big difference in saving time and money and improving efficiency in other areas of your accounting…
Credit unions are known for the emphasis they place on building authentic human relationships with their members. But at the same time, digital advances are transforming the financial industry, smaller…
Credit unions are challenged with increasing competitionand regulatory scrutiny, which requires them to manage risks effectively to maintain their financial stability and reputation. As cyber threats also increase, credit unions…
The CFPB, Department of Justice, EqualEmployment OpportunityCommission, and Federal Trade Commission issueda joint statementnoting that automated systems, such as artificial intelligence (AI), can unlawfully discriminate and lead to a violation…
Artificial intelligence is far from a novelty these days, even in a risk-averse industry like financial services. Still, the best applications of AI—spam detection, fraud prevention, risk assessments—generally operate behind…
Mid-level managers who hope to make the jump to the C-Suite must transition from the tactical focus of frontline management to the broader vision of strategic leadership, says DeeDee Myers,…
There’s a lot to running your credit union or community bank, but it’s your experience that is your bread and butter. It’s how your members or customers understand your brand.…
Fear of change is a part of being an accidental leader. And if we're not faced with change and fear, there's probably a problem.Today, I'm joined by James Robert Lay,…