For lenders, a loan origination system (LOS) isn’t just a piece of technology—it’s the cornerstone of your interaction with borrowers and a critical component of your mortgage operation. The process…
The Federal Reserve has kept interest rates high for the last few years, hoping to tamp down spending and get inflation in check. The result has meant increased higher consumer…
This week, the Senate remains in Washington, D.C. while House members are back home in their districts. This gives credit union advocates an opportunity to connect with lawmakers one-on-one to…
Annuitiesare often recommended by advisors as good options for retirees, and in some cases, they can be appropriate. The positive features of annuities include the potential for lifelong income, regardless…
Between today'shigh inflation rate, theelevated interest ratesmeant to temper it and other economic hurdles, there's no question that many households are facing issues with their finances. After all, elevated inflation…
U.S. stock indexes fell on Friday, with the Nasdaq and the S&P 500 slipping from record highs as investors booked profits and weighed hawkish Federal Reserve projections against slowing economic…
We saw the House Rules Committee take action to move the Fiscal Year 2025 National Defense Authorization Act (NDAA) forward this week. With more than 1,300 proposed amendments, the committee…
Most bankers probably know that their industry’s reputation for customer service has been lagging. Some may even know that trust in digital-first banks is improving. But they are less likely…
A new bill to assist consumers facing barriers to home ownership was introduced Wednesday by Rep. Teresa Leger Fernandez, D-N.M. The Home of Your Own Act would create a new…
In March, the Department of the Treasury issued a troublingreportwarning financial institutions they are at risk of emerging AI fraud threats. The culprit is a failure to collaborate. The report…
Regardless of a credit union’s size, members expect digital-first capabilities that can compete with what for-profit financial institutions (FIs) offer. While many CUs are rising to the innovation challenge, there…
House amendments to the FY25 defense authorization bill may not include a provision that would provide National Credit Union Administration share insurance for accounts in the overseas military bank operated…
Gen Zers are the first generation of digital natives. They’ve had access to iPhones, tablets, and high speed internet practically since birth — and they can spot an ad in…
Roughly 95% of Americans have either a checking orsavings account, according to the Federal Deposit Insurance Corporation (FDIC). For many people, a savings account is a great place to keep…
The combined credit union will have more than 260,000 members and 25 branches throughout Northern Virginia, the institutions said in a press release Wednesday. Apple Federal Credit Union’s President and…
TheFederal Reserveleft interest rates unchanged on Wednesday while indicating it plans only one cut later this year, down from the three it forecast in January. The announcement was widely expected…
All 15 credit union-backed candidates won their primaries in Maine, Nevada, North Dakota, and South Carolina. Each candidate was supported by America’s Credit Unions PAC and the League from their…
Attracting and retaining top talent is a priority for credit unions of all sizes. Standard benefits may not suffice for highly compensated employees, posing challenges in maintaining competitiveness.Executive benefit programsoffer…
Thethird blog postin this series talked about crafting incredible bank and credit union marketing. One part of that was how everyone is involved in marketing your institution. Each employee represents…
Today’s customers are used to getting what they want, when they want it — with just a few clicks. But the banking industry still comes with a customer journey that…
A sea change is coming in the card payments industry—and it will make current reward card programs obsolete in a few years, warns payments consultant Richard Crone, founder ofCrone Consulting…
Tribe is the first federal credit union to receive a charter under the NCUA’sprovisional charter pilot initiative. Historically, groups interested in organizing new credit unions had to find a way…
Federal Reserve policymakers may feel more confident that inflation is back on a downward path after a U.S. government report showed consumer prices did not rise at all in May,…
The CFPB’s authority should be used in a manner that is consistent with the spirit of the Dodd-Frank Act, America’s Credit Unions President/CEO Jim Nussle wrote to the Senate Banking…