The recent collapse of the Silicon Valley Bank has been one of the most significant bank failures since the global financial crisis and the second-largest bank failure in the history…
More than ever, it’s critical for credit unions to find ways to prioritize the speed of innovation and delivery when it comes to digital transformation. The pressure is on to…
Taylor Nelms is here to reveal Filene's latest Breakthrough research for Credit Union Success. Armed with insights from Filene's cutting-edge incubators, research projects, and focus groups, Taylor talks about the…
The failure of Silicon Valley Bank (SVB) and Signature Bank just over a week ago proved to be one of the biggest stories for the financial services industry in the…
We’ve talked a lot in the last year about the tech talent shortage and the difficulties in finding and attracting good talent. With the recent layoffs of tens of thousands…
equipifi, a fintech company enabling credit unions with buy now, pay later (BNPL) offers for purchases made on debit cards, was awarded with the CUNA Technology Council’s Best of Show…
House Financial Services Committee Chairman Patrick McHenry, R-N.C., and Senate Banking Committee Ranking Member Tim Scott, R-S.C.,wrote to Federal Reserve Chairman Jerome PowellMonday requesting that the Fed provide insights into…
If you don’t think the saying “Everything old is new again” applies to financial fraud, think again. Check fraud is on the rise again. While that might seem like stealing…
The first regional champion ofCUNA's Mascot Madness bracketis ... Count Earn’est the SAVERtooth Tiger! The mascot of $503 million assetFairmont Federal Credit Unionin Fairmont, W.V., received 1,007 votes (63%) to…
Whether you are currently employed or seeking a new opportunity, how will you know if the job you’re in—or one you might be pursuing—is right for you? Here are a…
Opinions are like…, well, you know. Everyone has one. And that’s not a bad thing. However, if you treat your opinion as a fact, it can completely ruin a productive…
Over the past few years, the evolution in consumer spending behaviors has been a catalyst for payments innovation. From P2P to mobile wallets, and contactless to buy online/pickup in store…
“Recession,” though it hasn’t officially arrived, has been on everyone’s minds for months. You have probably felt the financial pinch already — which means 2023 could be another challenging year…
In my many years hopping on calls with community banks and credit unions about their strategic planning sessions, I found there are some questions leaders always ask. To help you…
Credit unions play an important role in the financial sector, providing access to credit and financial services to millions of people across the country. However, credit unions themselves face unique…
The House and Senate are in Washington, D.C., this week and will consider various legislation. Treasury Secretary Janet Yellen is scheduled to testify before appropriations subcommittees in both chambers to…
A group of bipartisan lawmakers led by Senate Housing, Transportation, and Community Development Subcommittee Chair Tina Smith, D-Minn., and Ranking Member Mike Rounds, R-S.D., last week introduced the CDFI Bond…
Last monthI shared some basic methodology using “back-of-the-napkin math” to address what your credit union is likely facing: falling used car values. In reality, what all auto lenders are experiencing…
You understand the power of making smart investments. It can give you freedom and flexibility to do what you want. For many, a college education is one of the smartest…
That’s right – your community bank or credit union is a living, breathing entity. It’s complex, it can be sick, it can be healthy and every part depends on the…
The news of recent bank collapses is troubling, especially as we grapple with the prolonged economic effects of the pandemic. Naturally, consumers are naturally concerned about the effects, and credit…
SRM’s Larry Pruss will speak with NAFCU Services CU Lab to catch up on guidance and regulation trends in the digital assets space – including the latest on enforcement actions…
I spent all of last week in Arlington with my team and a ballroom full of compliance professionals at our 2023 Regulatory Compliance School.It was a great time, and I…
League and credit union leaders engaged with members and consumers in the wake of recent bank collapses, assuring them that money in credit unions remain safe. Cornerstone League President/CEO and…