Does your credit union shy away from offering commercial lending and business memberships? You wouldn’t be alone, but you might be missing out on opportunities to better serve your community.…
Consumer sentiment rebounded in August for the first time in five months. The latestUniversity of Michigan consumer sentiment surveyreleased Friday showed that sentiment ticked higher in August. The index reading…
One type of innovation never sleeps in banking: The tireless work of criminals and organizations to invent new ways of overcoming banking systems. Institutions now face many reinvented physical threats…
America’s Credit Unions and the Illinois Credit Union League joined with banking groups infiling a complaintin the U.S. District Court for the Northern District of Illinois that challenges the Illinois…
In the world of technology, having a cutting-edge solution is only half the battle. The true value of a technology provider shines through in the support and service that comes…
Today, the efficiency and satisfaction of your staff are critical to the overall success of your organization. Ensuring that your employees are working in an environment that promotes productivity and…
Millennials — America’s largest generation with approximately 72.24 million members — have a unique financial mindset. Although we have seen them historically lag behind other older generations in reaching traditional…
Public advocates fear that a possible tsunami of identity theft is coming after a hacking group claims it was able to steal nearly three billion personal records, including social security…
The average rate on the popular U.S. 30-year mortgage rate was little changed near the lowest level in over a year this week, as signs of cooling inflation have held…
The annual inflation rate has cooled, new data fromthe U.S. Bureau of Labor Statistics revealed on Wednesday. The July consumer-price index shows an annual inflation rate of 2.9%, slightly below…
Leveragingdata analytics in bankingand the insights it produces has become an effective strategy forfinancial services marketingby creating relevant engagements and personalized banking experiences for account holders.Recent researchcommissioned by Alkami, in…
This week’s primary elections saw all credit union-supported candidates win in Connecticut, Minnesota, Vermont, and Wisconsin. Of note, America’s Credit Unions and Minnesota Credit Union Network-backed Kelly Morrison won the…
Inpart oneof this series, we began our discussion of applying a risk-based approach to managing today’s data center in the financial services industry. As a framework for our discussion, we…
In today’s challenging macroeconomic environment, financial institutions (FIs) are grappling with rising delinquencies and a pressing need for innovative solutions to support consumers through financial difficulties. As a financial institution…
How local SEO can boost your credit union’s visibility Credit unions are pretty special. Unlike big banks, they’re owned and controlled by their members – people connected by something meaningful,…
Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy is finally ebbing. On a 12-month basis,…
Spokane Teachers Credit Union plans to acquire $550 million-asset Community Bank, which is based in Joseph, Oregon. The purchase price was not disclosed. This is the 13thcredit union-buying-bankdeal announced this…
America’s Credit Unions’ latest Regulatory Comment calls for credit unions to submit feedback on the NCUA’s proposed rule on succession planning. Comments can be sent to America’s Credit Unions by…
Let’s start with a question: Do community-based financial institutions need more regulation or governmental intervention? My answer — and I suspect your answer — is a resounding no. Community-based financial…
In the not-so-distant past, Jane, a fictional dedicated member of her local credit union, found herself overwhelmed by the complexity of managing her finances. Despite her best efforts, the financial…
Bob Dylan is a legendary figure in the American music scene. Dylan produced music known (and loved) by many, and Timothée Chalamet will play him ina biopic coming out this…
The Biden Administration announced on Monday that it would be proposing a new set of rules meant to save consumers both time and money, in the aptly named government-wide effort,…
Even in an era of transformative technological advancement in the payments space, small businesses face stubborn challenges in managing their payment processes: manual processing, working with older legacy systems and…
Let’s cut to the chase: the credit union movement has reached a pivotal moment. The world around us is changing at breakneck speed, and we have a choice. We can…