AsPresident Joe Biden, lawmakers, and regulators Monday continued to address thefailings of Silicon Valley Bank (SVB) and Signature Bank, NAFCU President and CEO Dan Berger sent a message to member…
Credit unions are facing a difficult people problem, and it may not be the one that immediately comes to mind. While labor shortages and other Great Resignation-style woes continue to…
On the path to building healthy credit, you may find yourself with questions. TransUnion is here with answers to help you build confidence about credit scores and credit reports as…
Amid uncertain economic conditions, credit unions and their members are expected to see a surge in fraudulent activity in 2023. Fraudsters have become more sophisticated and have adapted quickly to…
I was recently having a conversation with a credit union CEO about the obstacle that is keeping credit unions from growing and attracting younger members to theircredit union brand. “Often…
Succession planning is one of the most pressing issues for today’s credit unions. Too many have aging executives and board members without skilled people ready to take control once the…
Despite the economic headwinds credit unions are facing right now, they’re also entering one of the most significant transformational periods the industry has ever experienced. This is largely due to…
The National Credit Union Foundation (the Foundation) published aPhilanthropy Toolkit—a resource designed to help credit unions maximize their community impact and align philanthropic activities to strategic objectives. The toolkit, available…
The Bureau of Labor Statistics (BLS) issued the latest jobs report Friday, which revealed that the unemployment rate rose to 3.6 percent in February. NAFCU Chief Economist and Vice President…
In 2023, new vehicle inventories are finally projected to begin returning to normal. Following a record-high average price for new vehicles, auto lending is set to have an interesting year,…
Vote now forCredit Union Magazine's2023 Credit Union Hero of the Year. The four finalists are: Amanda Merz, community impact manager at $4.6 billion assetSAFE Credit Union, Folsom, Calif. Michael Ray,…
Signature Bank, a New York-based regional bank that became a leader in cryptocurrency lending, shuttered suddenly on Sunday, marking the third-biggest bank failure in U.S. history just two days after…
The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems in banking –a bank run…
Payments fraud is a persistent threat for credit unions and their members that is poised to grow even more acute in the next few years. Fraud experts predict the financial…
Credit unions went on a lending spree in 2022, bulking up on auto, credit cards, home equity and payday alternative loans. They also fattened their commercial lending portfolios significantly, a…
The Consumer Financial Protection Bureau (CFPB or bureau) released aspecial edition supervisory highlights(highlights) edition about junk fees. With the CFPB acknowledging junk fees as a supervisory priority, junk fees are…
CUNAwroteHouse Ways and Means Committee leadership with several recommendations for the Treasury’s Community Development Financial Institutions (CDFI) Fund. The committee conducted a hearing Thursday on the administration’s FY24 budget proposal.…
President Joe Biden Thursdayreleased his proposed 2024 budget, which includes provisions aimed at strengthening communities, addressing tax issues, and bolstering protections against global threats. The proposed budget totals more than…
The future of work is dynamic. One would need an entire book to describe the many forces affecting trends in the workplace now and in the years to come. Unfortunately,…
Watch the latest CUNA News Weekly Wrap-up to see where you can find every story from the2023 CUNA Governmental Affairs Conference (GAC). You'll also get a look at ourWomen's History…
The financial world (and the world at large) is constantly changing, and if your credit union or community bank doesn’t keep up with it, you might get left behind. But…
It’s not a secret to success, but effective leaders are often those who have found themselves in a trusted and engaged network of like-minded professionals. These networks provide a myriad…
Credit Union Awareness continues to be a pillar of our Financial Well-being for All work and connected more than 10,000 consumers with a participating credit union in the final months…
All of us try to understand the world around us - we have duties to serve broad constituencies, so we must see the world as it is. But a dangerous…