Join NCUA Board Member Rodney Hood in a discussion about the importance of building strategic partnerships with fintech companies to provide products and services to your members. Explore how the…
Creating a startup in any sector is a challenge. But given the level of technology, regulation, and specialist knowledge required, creating a successful business in the fintech space is even…
While the backend of 2022 has brought us post-covid, a new onset of struggles, by way of inflation and a (presumable) recession, have emerged. The economy is seeing some of…
An estimated one in fourAmerican adultsremain underbanked in 2022, defined as underserved by the traditional mainstream financial system while often relying on abusive alternative financial service influences as predatory payday…
Delivering the best member service at credit unions was once totally dependent on face-to-face relationships, and while that is still important today, the digital transformation has upended what constitutes personalized…
Credit unions are consistently willing to refinance small balance loans, but face systemic challenges to refinancing those loans, CUNAwroteto the Consumer Financial Protection Bureau (CFPB) in response to its Request…
As credit unions’ voice in Washington, NAFCU strives daily to provide the industry with unwavering federal advocacy, award-winning compliance assistance, and top-rated education resources. With the support of credit union…
You had the best of intentions. You worked hard all day and had great conversations. You identified the strategies and tactics for the next year. But here you are, once…
In benefits administration, as in life, mistakes happen. In spite of employers’ best efforts to facilitate a successful open enrollment, a few employees will inevitably miss the deadline or accidentally…
Being passionately curious and taking risks are just two of the key lessons that John Davison, Program Director at WHWK taught me when I was a teenager. I've carried those…
We all know brands that stand out, tap emotional connections and build legions of raving fans. Differentiation for them seems almost effortless. They often define their category—or even create a…
It’s that time of year! Credit Unions are holding planning sessions to develop the 2023 Strategic Plan. Is your plan going to ensure your credit union survives and thrives? Or…
It is the most wonderful time of the year! With the holidays around the corner and wintery weather soon to follow, what better way to stay warm then to cozy…
The U.S. Agency for International Development (USAID), World Council of Credit Unions (WOCCU) and Visa launched the "Enko" mobile business development platform in Peru to continue promoting the businesses of…
The Federal Open Market Committee (FOMC) recently released its November meeting minutes. In the meeting, “a substantial majority of participants judged that a slowing in the pace of increase would…
In September theNational Credit Union Administrationissued newguidanceon itsupdated interest rate risk supervisory framework. Interest rate risk is the risk to a financial institution that its interest-earning assets, such as loans…
This fall, I attended the 22nd Savings and Credit Cooperatives Associations Congress in the Kingdom of Eswatini in southern Africa. I represented CUNA at the invitation of theAfrican Confederation of…
Brad Hickey’s a practical man. As manager of application development atAmerican Airlines Federal Credit Union, he’s solution-focused and typically finds words like “transformative” and “life-changing” hyperbolic … But uses them…
ESG has become an increasingly important factor for investors over the years, but, recently, it's become a top priority for customers, and even employees, too. And with this increased pressure…
As some of you may know, in early 2020, Congress passed theCoronavirus Aid, Relief, and Economic Security Act (CARES Act). Under the CARES Act,borrowers with federally backed mortgage loans could…
CUNA joined other community development organizations in aletterto Treasury’s Community Development Financial Institutions (CDFI) Fund calling simplified reporting requirements. The comments were sent in response to a request for feedback…
Today, the 117th Congress begins its final three and a half weekswith major bills still to pass, including the National Defense Authorization Act (NDAA) and a government spending bill to…
It’s no secret that economic turbulence is impacting both borrowers’ financial lives and credit unions’ portfolios. A perfect storm has been brewing since 2020, and it’s the convergence of historically…
Digital technology has turbocharged the commercial lending process with fast, highly automated decisions seriously slashing the time to “yes.” But to navigate the uncertain times ahead, lenders will need more…