CUNA supports the intent of the Federal Housing Finance Agency’s proposal on requirements governing its fair lending oversight and Enterprise Equitable Housing Finance plans, butoffered several changesin comments filed Monday.…
On June 14th, the Office of Information and Regulatory Affairs released theSpring 2023 Unified Agenda of Regulatory and Deregulatory Actions. This Agenda includes expected regulatory actions for the rest of…
As we progress through 2023, the financial services industry finds itself on the cusp of a new era of digital banking transformation. It is being powered by rapid technological innovation,…
High school life is FULL of choices and change. With students trying to figure out where they want to go to college, playing sports, joining extra curricular clubs and just…
Remarkable Credit Union · How Credit Unions Can Catalyze Social Change Credit unions have long been enthusiastic champions of their communities, but can they be doing more? How can they…
If you’ve ever watched a volleyball match, you know how fast paced they are. The ball going back and forth. Precise movements. Exceptional teamwork. And while spikes are powerful, there…
The demand for simplified banking services is rising, as customers expect fast, convenient access to financial products. Corporate and retail consumers alike are increasingly drawn to Banking-as-a-Service (BaaS) because it…
I love thecommercialthat starts with the line, “Polly Pratz wore many hats.” While the commercial is for an online university, the many hats idea is a wonderful illustration of the…
The CUNA-League system continues to fight against the Big Box Bill, heading off misguided and ill-informed arguments in favor of telling policymakers the very real consequences for everyone but the…
TheNCUA Board Thursdayissued a notice and request for comment (RFC) on adjustments to its operating fees methodology as it considers raising the exemption threshold for federal credit unions (FCUs) that…
There are forces at play keeping your organization from reaching its peak effectiveness. These forces have roots deeper than your previous CEO’s leadership style and are more profound than any…
If you’re reading this, chances are you have a credit card, as nearly 200 million Americans do — with many holding more than one. And those cards are getting more…
Americans like to spend money. Most of us have an average of four credit cards in our wallets.Many of us use them to pay for things we don’t really need…
There’s no doubt that algorithms can reach levels of analysis that humans alone can’t make. In banking, Artificial Intelligence (AI) might identify fraudulent activity or improve fair lending practices —…
With theFedNowSMService launch right around the corner, financial institutions (FIs) need to be prepared to take advantage of the opportunities it offers. FedNow is a real-time payment service backed by…
Air Force FCU (AFFCU) was established in 1952 by 10 air- men on JBSA-Lackland. Over the 71 years, AFFCU has grown to serve the diverse needs of over 52,000 members…
It’s no secret that technology is transforming and shaping the financial services industry day-by-day. Most modernization is welcomed with open arms by both credit unions and the members they serve.…
Managing day-to-day finances isn’t an easy task in New York City, one of the nation’s most expensive markets. As president/CEO at $71 million assetNew York University Federal Credit Union, Mira…
Federal Reserve Chairman Jerome Powelltestified before the House Financial Services Committeeyesterday, where he was questioned on the state of the economy and the Fed’s plan to strengthen thebanking system. On…
As customer preferences evolve rapidly with technology and market saturation intensifies, credit unions face a future driven by digital transformation. However, many credit unions have not yet integrated advanced business…
In response to heightened pressures, lenders are reexamining their current practices for providing accurate and timely refunds to their borrowers. Many are making an effort towards in-house processes to maintain…
In this rapidly evolving digital landscape, credit union leaders understand the paramount importance of safeguarding member data. Privacy and compliance are non-negotiable, demanding meticulous checks for accuracy. However, amidst these…
Improved customer experience (CX) results in several tangible benefits beyond a higher satisfaction score, according to Forrester research. Organizations with better customer experiences show higher revenues, reduced costs, lower risk…
News of a tax reform bill percolating always gets the attention of credit union advocates in DC, and when DCUC picked up rumors of House Ways and Means in preliminary…