Consensus is dangerous
Look around. Everywhere you look, there’s someone else. A person. People. Many people. Ask them anything. Ask them about their favorite sports team, the best season of the year or…
Look around. Everywhere you look, there’s someone else. A person. People. Many people. Ask them anything. Ask them about their favorite sports team, the best season of the year or…
Credit unions and other financial institutions need a reasonable transition period to comply with sudden changes in the 2020 Home Mortgage Disclosure Act (HMDA) final rule,CUNA and other trades wroteto…
NAFCU Senior Regulatory Affairs Counsel Aminah Moorewrote to the Treasury Departmentin response to the Interagency Community Reinvestment Committee’s (ICIC) request for information regarding opportunities and challenges in federal community investment…
Digital transformation remains a high priority in the banking industry for a number of reasons. The primary one is that it can help banks to improve the efficiency and effectiveness…
One of the incredible side effects of wealth is that it doesn’t just make your life better—it can also improve the lives of your children, and potentially even your grandchildren.…
State attorneys general from both parties agree that the U.S. Supreme Court should consider whether the CFPB’s current funding scheme is legal. But that’s where the agreement ends. The state…
The next generation of fintech is just around the corner. Gen 1 brought financial institutions greater technological integration during the dot-com boom, and Gen 2 delivered traditionally in-person functions digitally…
Credit unions and other financial institutions provide key services for consumers and businesses, but many have difficulty connecting with customers in the digital space in a meaningful way. Digital customer…
Copywriting is hard. But more importantly, copywriting (if done right) creates a distinct brand voice. As copywriterAnn Handleysays, “In an online world, our words are our emissaries; they tell the…
What is your credit union’s long term vision for its staff? Maybe you think you have things under control—you have a strong team with a mix of backgrounds and experience.…
CUNA announced Robert Lewis has been hired as its new executive vice president and chief advocacy officer. Lewis, the founder and president/CEO of the Van Aucker Group, has more than…
The Federal Reserve Board Fridayadopted a final rulethat identifies benchmark rates based on the Secured Overnight Financing Rate (SOFR) to replace the London Interbank Offered Rate (LIBOR) in certain financial…
My closest friends and employees know a few things about my love of Christmas, one of them being that my wife and I open a storage bin of Christmas DVDs…
It’s no secret that more and more credit unions are facing liquidity challenges – many are loaned out with more low yield, longer-term assets on the balance sheet than they…
The divided government in the next Congress presents unique opportunities for credit unions because we’ve spent years building up trust on both sides of the aisle. We represent the chance…
The rising interest rate market means spreads are back—and credit unions, like other financial institutions—will be looking to make loans. However, rising rates also mean the end of the mortgage…
TheFinancial Stability Oversight Councilon Friday again called on Congress to give the NCUA supervisory powers over credit unions’ third-party service providers. In adopting its annual report, the council said that…
On December 7, 2022, the Consumer Financial Protection Bureau (CFPB)releasedareportdetailing how few active duty reservists or active duty national guard members take advantage of theServicemembers Civil Relief Act(SCRA) benefits. The…
Sekou Andrews, creator of Poetic Voice speaking, will provide the openingEd (Filene) Talkat 2023CUNA Governmental Affairs Conference(GAC).Thesession is sponsored by CUNA Councils. Seamlessly blending inspirational speaking with spoken word poetry,…
The NCUA Board met for their final meeting of 2022 to discuss the Share Insurance Fund (SIF), the proposed rule related to financial innovation, and the agency’s 2023-2024 budget. Notably,…
54 credit union leaders from across the United States, Kenya, and the Kingdom of Eswatini were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s…
While many view the board as the heart of the membership, the supervisory committee is its eyes and years, ensuring the credit union follows its policies and procedures, internal controls,…
Great innovations don't come along every day. And, usually, these ideas can't be fully realized unless the right conditions are met. Funding needs to be available, key players need to…
I am a big proponent of self-reflection as a way to strengthen relationships with my teams. With 2022 coming to a close, I wanted to take some time to reflect…