Merger and acquisition record retention: Survivor edition
Mergers aren’t always a bad thing, you know? We have had manySUCCESSFULmergers throughout the course of history; even those that did not make complete business sense to the less business…
Mergers aren’t always a bad thing, you know? We have had manySUCCESSFULmergers throughout the course of history; even those that did not make complete business sense to the less business…
Personalizing the consumer experience in a way that doesn’t necessarily involve a person? Say hello to the future of lending technology that brings loans – and members – into the…
The NCUA Board maintained the 18% federal credit union loan interest rate cap Thursday, setting it in place through September 2024 unless the board acts before that date. CUNArequested the…
NAFCU President and CEO Dan Berger and members of the CDFI Fund Coalition Thursday spoke with Rep. Maxine Waters, D-Calif., to stress NAFCU-member CDFIs’ desire to help their communities and…
The strategies credit unions deploy to grow debit portfolios in 2023 may wind up pulling double duty. That’s because many of the approaches to enabling a member’s everyday payments also…
The latest CUNA News Weekly Wrap-up, which covers Jan. 23 through Jan. 27, provides an early look at the biggest credit union event of 2023. TheCUNA News Podcastfeatures CUNA Executive…
Yeah, we're definitely in a recession, but that doesn't mean Credit Unions should sit idle. It's time to take action. Back by popular demand, Jim Ryan, VP of Strategic Partnerships…
Rising inflation. High vehicle prices. Escalating monthly payments. These conditions are leading to financial stress for borrowers, and as a result, loan defaults are increasing. Lenders are in a precarious…
By 2028, the global digital banking market size is estimated to surpass$10.3 trillion—an omnipresence that regional banks and credit unions cannot afford to ignore. Financial institutions (FIs) need to step…
The new year is now in full swing. Activity is picking up at organizations as they execute their 2023 plans, with leaders at the forefront of this acceleration. However, studies…
The Consumer Financial Protection Bureau’s (CFPB) rulemaking on personal financial data rights has thecapacity to fundamentally transformfinancial services. That’s what CUNA submitted on Wednesday to the CFPB’s Small Business Advisory…
The NCUA yesterday published aLetter to Credit Unionsregarding operating fees for 2023. In the letter, the agency announced an average 1.8 percent decrease in federal credit union operating fees in…
One of the toughest things about being a leader in the credit union space is that there are always challenges to face, and they’re constantly evolving. “Since the beginning of…
As we approach the end of January, the 2023 CUNA Governmental Affairs Conference (GAC) is only a month away. In this episode of theCUNA News Podcast, CUNA Executive Vice President…
Small businesses are a driving force in the U.S. economy. They employ61.7million workers, which accounts for46.4%of all US employees. This shows how heavily the small businesses drive the economy, however…
Here’s a look at what DCUC sees in 2023: 4 Big Things to Know About Congress Congress will continue its push for more defense spending, but a slim Republican majority…
As we discussed inPart 1 of Modernizing the Property Valuation Process, the housing market has experienced dramatic changes that have presented many challenges for appraisers. Although the market has shifted,…
Credit cards are undergoing a transformation. The cards — whether actual plastic or an account residing in a digital wallet — increasingly offer a range of payment and credit possibilities,…
As you go through life, you’re going to have severalfinancial goals. One of the biggest ones, however, will be putting aside enough money so you can live comfortably when you’re…
The Treasury’s Community Development Financial Institutions (CDFI) FundannouncedTuesday it will delay proposed changes to its certification application to carefully review all public comments. This comes after CUNA, Leagues, credit unions,…
The CFPB Tuesdayissued a request for informationfor its biennial report on the state of the consumer credit card market. Relatedly, the bureau is expected to release a proposed rulemaking this…
When your consulting practice is built on helping credit unions improve their technology, one of the best things you can do is to learn from your own mistakes, particularly if…
No leader's path is the same. But all leaders have certain things in common, authenticity, kindness and honesty just to name a few. Today, Jennifer Pham joins me to discuss…
The banking industry is increasingly leveraging innovations in alternative data to underwrite loans for consumers and small businesses. This can make a significant impact in communities that Minority Depository Institutions…