NCUA, in its role as liquidating agent, announced a $109.6 million distribution to more than 100 membership and paid in capital shareholders of the former Constitution and U.S. Central corporate…
The Department of Housing and Urban Development (HUD)finalized a ruleto allow a standalone 40-year loan modification for mortgagees with Federal Housing Administration (FHA)-insured loans to cure a borrower’s default.NAFCU offered…
How would you rate your credit union’s approach to strategic planning? Is your plan going to ensure your credit union survives and thrives? Or is it more of a check-the-box…
In January of 2023, the House passedthe Credit Union Board Modernization Bill, which aims to reduce the number of required board meetings from monthly to six times annually and at…
A top House official said that a “significant data breach” at the health insurance marketplace for Washington, D.C., on Tuesday potentially exposed personal identifiable information of hundreds oflawmakers and staff.…
There’s only one constant about fraud — and that is it’s constantly changing. Fraud is fluid, dynamic and often different from one day to the next. When one method ceases…
You may have some big financial goals, and a healthy credit history is a way to help you achieve them. But how do you build that credit history from scratch?…
Recently, I had the pleasure of looking at a series of interesting interviews with college basketball coaches. Coaches of highly successful men’s and women’s basketball programs are speaking about what…
Credit unions support appropriate oversight and regulation of the digital assets marketplace and must have the authority to participate,CUNA wroteto the House Financial Services Subcommittee on Digital Assets, Financial Technology,…
Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin, D-Md., and Ranking Member Joni Ernst, R-Iowa,wrote to the Small Business Administration(SBA) this week toexpress major concerns on two proposed rules…
A great book can change your perspective, open up possibilities, build self-awareness and spark personal growth and change. There is one author whose work has had a big impact on…
Which credit union mascot is the best? CUNA News staff have compiled 16 of the goofiest, most creative, intriguing credit union mascots across the U.S. Now, over the next month,…
You might imagine that the modern-day workplace has left discrimination in the past century because the new wave of employers, HR managers and employees have all been well-educated about the…
“CECL becomes effective for federally insured credit unions for financial reporting years beginning after December 15, 2022. Required regulatory reporting will begin with the March 31, 2023 Call Report. Institutions…
In continuing with a busy start to 2023, the Consumer Financial Protection Bureau (CFPB) has brought a couple of interesting enforcement actions for violations that predominantly affect military families. CFPB’s…
In today’s fast-paced and ever-changing business environment, it’s becoming increasingly important for companies to be flexible and adaptable. One way to achieve this is by hiring a fractional leader or…
World Council of Credit Unions (WOCCU) International Advocacy and its partners outlined how advocacy efforts by U.S. credit unions have resulted in meaningful changes for credit unions and their members…
NAFCU President and CEO Dan Berger Mondayannounced a new digital and social media campaign–#NAFCUNation– to elevate the credit union industry and tout its efforts to serve millions of Americans and…
Americans are still feeling the impact of higher prices and greater interest rate debt from bank credit cards. Debit cards can help members take more control of their budget goals…
There was a lot to talk about at the 2023CUNA Governmental Affairs Conference (GAC). Credit union advocates, lawmakers, keynoters, and leaders met in Washington, D.C., from Feb. 26 through March…
Are you ready for more from the "CU That Could"? Well, we've got you covered! Becky Reed, CEO of LoneStar CU, is back by popular demand for the second installment…
With warmer weather on the horizon, many of us are thinking of ways to do a thorough spring cleaning. Time to throw out, donate or sell all the items you…
Your immediate answer is probably no. After all, community institutions are known for their service. Right? Many consumers no longer think that’s the case. During the pandemic, consumers prioritized digital…
Learning you have an account in collections can be a stressful experience. But don’t ignore it and hope it goes away. If you have an account in collections, it’s important…