In January, we published a “New Year’s Resolutions” series, on the rulemaking agendas ofFinCEN, theCFPB, andNCUA.Earlier this week, the agencies published theirSpring 2022 Rulemaking Agendas, which we can think about…
This post summarizes information provided by FinCEN on June 15, 2022. To read its complete advisory, visitElderly Financial Exploitation Advisory (fincen.gov). In support of World Elder Abuse Awareness Day, FinCEN…
The Atlantic hurricane season began June 1 and will run through November 30, 2022. Weather forecasters at the National Oceanic and Atmospheric Administration’s (NOAA’s) Climate Prediction Center expect 2022 to…
Saying they were caught by surprise, credit union and other financial services trade groups are asking the Consumer Financial Protection Bureau (CFPB) to extend the period forpublic comment on credit…
What do my best practice credit union clients all have in common? By best practice, I mean my clients who are consistently hitting their growth goals and have exceptional cultures…
Credit unions designated as Community Development Financial Institutions (CDFIs)have until August 23 to apply for grants under the CDFI Fund’s Equitable Recovery Program. The CDFI Fund is making $1.73 billion…
NAFCU Friday sent members aRegulatory Alertregarding the CFPB’srequest for information (RFI)soliciting comment on how consumers can assert the right to obtain timely responses to requests for information about their accounts…
Hybrid work arrangements, the need for collaboration, and a member-centric focus are contributing to a renewed focus onemotional intelligence, saysCU Solutions Group’sDr. Brandi Stankovic. In this interview, Stankovic defines emotional…
In mylast post on this topic, I shared some of the survey results and insights on the evolving homeownership journey that Blend delivered in theirlast webinar. With all the recent…
In a rut? Here are 13 ideas to help make the most of your summer... You’re ready to take advantage of the warm summer months that feel like freedom —…
Today, there's a subscription for everything. Netflix, HBO, Amazon Prime and other streaming services. Pet food and meds. Cosmetics. Meal kits. Music streaming. You name it, there's a subscription for…
According to ourQ3 2022 Consumer Pulse, rising interest rates is one of the top five concerns for Americans in 2022. It’s understandable — a rise in interest rates can impact…
With all the technological advancements around us, have you wondered what it would be like to go back to the good old days? You know, where a handshake meant something,…
The House will hold a committee work week with no activity on the floor. The Senate will process several executive and judicial nominations. The House Appropriations Committee is expected to…
New home sales grew 10.7 percent in May to 696,000 annualized units, while April saw an upward revision of38,000 units. Compared to last year, May sales were 5.9 percent lower.…
$1 billionUSF Federal Credit Unionin Tampa, Florida, has taken a novel approach to collaboration by developing a unique, best-in-class practice for strategic planning. Rick Will, Ph.D., professor emeritus at the…
Whether credit union leaders decide to offer or forgocryptocurrencyservices, ignoring crypto isn’t an option, saysLamont Black, associate professor of finance at DePaul University. “You must do your due diligence,” says…
The credit union movement is founded on the principle of people helping people. This relates to how credit union professionals work to improve the financial well-being of their organizations’ members…
Editors note: this post was originally published in November 2015 and has been completely updated for comprehensiveness. Myths are stories with a purpose, often used to justify an approach or…
The CUNA Board of Directors had a great meeting this week in Chicago as we took stock of what the CUNA-League system has accomplished this year and made plans to…
Credit union trade groups scored a victory last week, when the House Financial Services Committee pulled from a markup a bill that would regulate overdraft programs at credit unions and…
A federal credit union (FCU) member has a right to inspect the books and records of a FCU so long as the member has a “proper purpose for obtaining the…
A House Energy and Commerce subcommittee passed the CUNA-supported Securing and Enabling Commerce Using Remote and Electronic Notarization Act (H.R. 3692) with a unanimous 22-0 vote Thursday. The bill would…
This week, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Wednesday and House Financial Services Committee on Thursday as part of the Fed'sSemiannual Monetary Policy Report…