Syndicated

“Congress can’t get anything done” is the common refrain.To be precise, it should be “Congress can’t get anything done…except when they can.”As the calendar turns to summer, Capitol Hill is…

During theCU PrideLeadership Conference earlier this month, members of oneof the panels talked about their experiences with “intersectional allyship.” Being anally, in simple terms, means being someone who aligns with…

A few weeks ago, the Consumer Financial Protection Bureau (CFPB or bureau) issuedConsumer Financial Protection Circular 2022-03to remind creditors of their obligations under the Equal Credit Opportunity Act (ECOA) and…

Nearly two-thirds of all federally insured credit unions have less than $100 million in assets, and they face an array of challenges in a rapidly changing financial services market.Staff from…

Total consumer credit rose 10.1 percent, at a seasonally adjusted, annualized rate, in April and is up 7.5 percent compared to a year ago. Revolving credit - primarily credit cards…

Both new and used car prices soared during the pandemic because of chip shortages and growing inflation. The latest data from theU.S. Bureau of Labor Statisticsshows used car prices coming…

Credit unions celebrate Pride Month with their own collective voice of identity and representation. CU Pride, the LGBTQ+ association for credit unions, provides a space where credit union LGBTQ+ colleagues…

When a decision-maker approaches technology decisions from a business background, they’re not always swayed by the right factors. They end up obsessing over the marketing's promises of ROI rather than…

Loan origination systems (LOS) can be simply defined as a digital platform that facilitates the lending process from application through the disbursal of funds. While the definition may be straightforward,…

The House is preparing to consider legislation that would allow all credit unions to expand theirfields of membership(FOM) to includeunderserved areas. TheHouse Rules Committeehas indicated it is likely to meet…

As leaders, it’s necessary to recognize how your employees respond to crises, and how they react when a customer or member have an issue they can fix. Do they work…

The National Security Agency, Cybersecurity and Infrastructure Security Agency, and Federal Bureau of Investigation issued ajoint cybersecurity advisoryon cyberattacks from China. The advisory describes the ways in which state-sponsored cyber…

The Senate Wednesday confirmed Todd Harper to serve a full term as NCUA Board Chairman, in a 59 - 40 vote. The Senate Banking Committee inJanuaryearlier this year advanced Harper’s…

As interest rates rise, credit unions must look for strategies to protect margins and valuations on their loans and investments. A new update to Financial Accounting Standards Board accounting rules…

In this podcast, we hear from Christopher Leonard, CEO of Velocity Solutions about the many changes in the overdraft landscape. He shares ideas for how credit unions can provide responsible…

What would you do if Facebook disappeared tomorrow? It’s a question I posed to my social media team last year and a question that is more relevant today than ever.…

Credit unions everywhere are seeing an uptick in asset size. From 2020 to 2021, credit union membership increased by 23%. Whether through acquisitions, mergers or organic growth, this means a…

The Latino community represents 18 percent of the American population, according to a 2020joint studybetween Harris Poll and Univision. That number is projected to grow more than 50 percent over…

In an initial victory for credit unions, the draft defense authorization bill being marked up by theHouse Armed Services Committeesubcommittees this week does not include a provision providing banks with…

"We should remember to always look back at ourselves and realize the power of what we can do if we push the ball forward," said Dave Girouard, Upstart's Co-Founder and…

Sixty-six credit union supporters won primary elections in California, Iowa, Mississippi, New Jersey, New Mexico, and South Dakota Tuesday. Candidates were backed by Credit Union Legislative Action Council (CULAC), CUNA’s…

NAFCU President and CEO Dan Berger joined with Defense Credit Union Council (DCUC) President and CEO Anthony Hernandezina letterto House Small Business Committee Chairwoman Rep. Nydia Velázquez, R-N.Y., and Ranking…

The first professional presentation I ever gave was as the assistant director of human resources. My vice president asked me to prepare a presentation for the board of directors. I…

On May 6, 2022, the Consumer Financial Protection Bureau (CFPB) issued its annualFair Lending Reportto Congress, which outlines the work the bureau undertook around fair lending in 2021. The 43-page…