Twenty-nine credit union leaders from across the United States were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s signature Development Education (DE) program in…
To say the banking sector constantly changes would be an understatement. Not only do customers expect more on top of regulations becoming stricter, but financial institutions have to reinvent themselves…
Even credit unions with top-notch compliance programs are applying extra scrutiny to their operations this year. That’s because a slew of intensifying pressures warrant additional care and feeding of governance,…
The Defense Credit Union Council (DCUC) continues to evolve and take the lead advocating for the credit union industry and the members they serve. Since 1963, our trade association has…
Credit unions have always enjoyed higher customer engagement than their competitors. Because they don’t have to be concerned with pleasing Wall Street, these financial institutions can spend more time listening…
CUNA joined with other financial services organizations in an amicus brief to clarify that the Fair Credit Reporting Act (FCRA) requires furnishers and credit reporting agencies (CRA) to investigate and…
The NCUA held its February board meeting yesterday and unanimously approved a proposed rule that would reform several NCUA field of membership (FOM) requirements and definitions. The proposal includes aNAFCU-requestedchangeto…
Research shows that theinitial responses when people first talk about good newsor share an idea or goal has a big impact on whether they further pursue that activity or idea.…
The open banking landscape is filled with questions. They are not necessarily about the value that open application programming interface (API) integrations can deliver to financial institutions (FIs) and fintechs…
2022 was a very active year in the payments and financial services industry, and experts are now looking at key market trends that could impact 2023. When highly informed corporate…
Nurturing a credit union community of diversity, equity, and financial inclusion begins at the top, and it can rise from the most unexpected backgrounds. In observance ofBlack History Month, the…
For years, studies revealed that constructive feedback is critical to the successful evolution of professionals in every industry. However, researchers have found that although we recognize the usefulness of feedback,…
Sens Tim Scott, R-S.C., and and Mike Crapo, R-Idaho, introduced the Prohibiting IRS Financial Surveillance Act, to block Internal Revenue Service (IRS) access to taxpayers’ private transaction information. Credit unions…
The First Changes in 25 Years, and Why? SEC Rule 17a-4 and 18a-6 under the Securities Exchange Act of 1934, which define a set of electronic recordkeeping and prompt production…
NAFCU President and CEO Dan Berger Wednesday held a meeting with NCUA Board Member Rodney Hood to discuss multiple topics of interest to credit unions ahead ofthe agency’s board meetingtoday.…
Financial wellness continues to be top of mind for consumers today as many feel lingering impacts of rising interest rates and inflation on everyday necessities. But with the growing number…
The CUNA research and policy analysis team had a busy 2022. We were firmly focused on collecting and using data to bring your stories to life and highlight the credit…
Fears of arecession,tech layoffs and high interest rates are still with us in the new year. But what’s different now and how can lenders use the economic moment to gain…
Unlikeanother blog postI wrote, this article is actually about buffaloes—the large…very large animal. Turns out many of us interchange the word buffalo with bison, and the latter is actually correct…
A common concern about the cloud is that it represents an additional security vulnerability. In reality, there are security risks that are actually mitigated by the cloud. Satisfaction of compliance…
It doesn’t take the latest statistics to demonstrate the importance of security for credit unions. From ransomware to e-mail, perpetrators can be relentless in their attempt to find a way…
CUNA President/CEO Jim Nussle issued the following statement in response to the Environmental Protection Agency’s Tuesdayannouncementregarding the Greenhouse Gas Reduction Fund. “CUNA applauds the Environmental Protection Agency’s recentannouncement that it…
Yesterday, President Joe Bidenannounced staff changes for the White House’s top economic policy team. Federal Reserve Vice Chair Lael Brainard will resign from her post next week to lead the…
Developing rapport is distinct from having a relationship with a person. There are important differences between these concepts, a fact that is critical to understand within the sphere of persuasion…