The Consumer Financial Protection Bureau (CFPB) recently issued a report titled,Data Spotlight: Challenges in Rural Banking Access(report), documenting the challenges rural communities in America face relating to access to financial…
As Congress returns from its Spring recess, supporters of marijuana banking are pushing hard to ensure a competitiveness bill now in a House-Senate conference also allows financial institutions to offer…
CUNA submitted aletterto the Secretary for the Board of Governors of the Federal Reserve Ann Misback on Friday in response to the Board’s proposed guidelines for evaluating account and services…
The NCUA Board Thursday met for two briefings, one on the NCUA’s Diversity, Equity, and Inclusion (DEI) Program, and the other on cybersecurity. On the NCUA’s DEI program, the Board…
Over the past several decades, mergers have reshaped the competitive and cultural balance of the credit union system. Small credit unions have become increasingly endangered as technological advances and marketplace…
Back by popular demand, CO-OP is launching another#ShadesUpforKidscampaign to raise money for Children’s Miracle Network Hospitals and the National Credit Union Foundation. What is #ShadesUpforKids? Co-op Chief Experience Officer Samantha…
Credit unions are facing unprecedented times. During the pandemic, many rallied to address the strain on credit union employees and members. But the changes and pressures on the credit union…
As the pandemic has transformed the way we work, creating a normality around remote working, so have our organizational relationships. According to aMicrosoft Work Trend Index report, working from home…
The National Credit Union Administration (NCUA) is updating its examinations to address two high priorities—fosteringMinority Depository Institutions(MDIs) and countering cybersecurity threats—officials told the NCUA board Thursday at its monthly open…
So, your credit union just opened up a HELOC for a member and now they want to rescind. What happened to no takebacks? Well, under Regulation Z a consumer has…
CUNA continues its call for credit unions to submit their stories to theAdvancing Communities website, especially during April’s National Credit Union Youth Month and Financial Literacy Month. Many credit unions…
Existing home sales fell 2.7 percent in March to a seasonally adjusted annual rate of 5.77 million annualized units, representing a 4 percent decrease in sales compared to last year.…
Are you missing something in your video marketing strategy? You may be creating marketing videos constantly, sharing them on all of your social media channels regularly and even adding them…
In the past, credit unions could expect to enroll workers from select employee groups (SEGs), provide better rates on loans and deposits, and offer “share draft” accounts. The relationship was…
One of the most popular types of fraud among scammers in recent months is check fraud. It’s not hard to see why, either. Advancements in technology have made creating checks…
Chances are, your organization is currently looking to fill open positions—but we all know that work doesn’t stop coming in just because you don’t have the employees needed to handle…
Bank and credit union consolidation is hitting rural areas particularly hard, leaving residents without the simple financial services they have become accustomed to, theConsumer Financial Protection Bureau(CFPB) said in a…
In late October of last year, Ohio Governor Mike DeWine signed a bill into law mandating that all high schoolers in the state take a half-credit, standalonepersonal finance classprior to…
CUNA Credit Union Board Roundtable, Sept. 10-11 in Scottsdale, Ariz., provides an engaged, interactive environment for board members to connect with peers, speakers and industry leaders from across the country.…
The International Monetary Fund Tuesday released itslatest assessment of the world economy, suggesting the global economic outlook has "worsened significantly" since January – largely due to Russia's invasion of Ukraine.…
Let’s be blunt, talking cannabis business and banking is still often perceived as taboo by many but it should be far from off limits when considering risk amongst financial institutions.…
Quontic Bank is a small New York City digital-first institution that likes to innovate. In fact, its tagline is “The Adaptive Digital Bank” and it was a crypto pioneer in…
“Mergers.” They can sound cold, and there’s a tendency to treat credit union mergers like business deals without any deeper meaning to them. But what if I told you it…
Changes announced by the Department of Education Tuesday will help millions more borrowers become eligible for student loan forgiveness under income-driven repayment plans. The Education Department said it will conduct…