Syndicated

You’ve likely seen the graphic showing two people near a mountaintop. One person proudly reaches the top and doesn’t bother helping lower climbers. The second individual doesn’t quite get to…

We ended 2021actively monitoring and responding to the Log4j vulnerability,which presented new opportunities for hackers to access systems and potentially impacting businesses and organizations across the country. Like many previous…

The House and Senate this week will work on passing legislation to fund the remainder of the 2022 fiscal year. Funding for the federal government and the National Flood Insurance…

The Ukraine-Russia conflict remains top of mind for Congress this week with President Joe Biden continuing to condemn Russian President Vladimir Putin’s actions during his State of the Union address.…

With everything that’s going on these days—from rising interest rates to the Great Resignation—credit unions are well served by solutions that solve problems on multiple fronts. Thelma Matthews, assistant VP/lending…

In the 2020 NAFCU Report on Credit Unions, over 94% of survey respondents reported that IT will drive spending into 2023. When asked to identify the most likely provider for…

Whether it’s for convenience, rewards or the benefits of better data security when making a transaction, consumers with revolving credit are using it not just to fund their spending splurges,…

An upcoming challenge for credit unions is the 2023 finale of the U.S.-dollar London Interbank Offer Rate, historically one of the most popular indexes for adjustable-rate loans, which has also…

The Foundation partnered with Pelican State Credit Union, a Certified Community Development Financial Institution, to compile a research brief, documenting the credit union’s Financial Wellness Program from 2019 to 2021.…

Recentlywe bloggedabout the Home Mortgage Disclosure Act (HDMA) and the reporting thresholds found in Regulation C. Today, we’ll focus on another set of thresholds inRegulation C– those which determine whether…

In celebration of its 20thAnniversary, the Credit Union House Board of Directors held a ceremonial ribbon cutting to kick off their Annual Meeting on February 27. Credit Union House holds…

NAFCU Regulatory Affairs Counsel Aminah Moore met with the Federal Housing Finance Agency (FHFA) to discuss their plans to address appraisal bias and modernization. From the meeting, the FHFA made…

AtVyStar Credit Union, we believe in the importance of standing up for what we believe in, dedicating ourselves to our members and supporting communities we have long called home. Those…

If you’re afirst-time homebuyer, there’s nothing quite as exciting as hearing that your offer has been accepted. Many people get so excited they start composing their moving checklist immediately and…

At the end of February 2022, the Consumer Financial Protection Bureau (CFPB) released acompliance bulletinregarding the potential for illegal automobile repossessions, in violation of the Dodd-Frank Act’s prohibitions against unfair,…

Strategic initiatives. Action plans. Timelines. Every credit union or community bank in some form or fashion has (or should have) a sense of what their overall focus strategy is when…

Americans average aboutfour credit cards per personwith an averagebalance of about $8,000. Add in a car payment and an outstanding medical bill, remembering to make all those monthly payments or…

Over the past week, we have witnessed leaders on the world stage utilize the power of their positions for both good and evil. As Russia continues to wage war with…

The Cooperative Credit Union Association has released reports highlighting the financial impact of credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island on their members and the communities they…

TheFederal Reserve released its latest Beige BookWednesday which revealed that economic activity has expanded at a modest to moderate pace since the middle of January. However, many Federal Reserve Districts…

During the past two years, both businesses and their employees have been struggling to keep up with the pace of change. The COVID-19 pandemic forced organizations to change entire business…

JPMorgan made headlines claiming to be the first bank to set up shop in the metaverse. Amid all the hype about this emerging virtual world, questions are beginning to surface…

We’ve just released the latest TransUnion Consumer Pulse Study — a quarterly survey exploring how consumers’ personal finances have changed and what changes they expect in the future. Here are…

As demand continues to grow, Buy Now, Pay Later presents significant opportunities for credit unions to better serve their members where they are. In this episode with Tarik Camurdes from…