In the current economic environment, finding an affordable home has become out of reach for many potential buyers. What if a realistic option was to co-own a home or property…
The Federal Reserve just raised interest rates by 0.75% and plans to keep doing so until it is satisfied that inflation is under control, according to CNBC. What you should…
CUNASenior Economist Dawit Kebedeissued the following statement following the Federal Reserve meeting today: “The Federal Reserve raised interest rates by 75 basis points as expected, increasing the target rate between…
NAFCU President and CEO Dan Berger Tuesdaysent a letterto the House, voicing major opposition to the recently introducedHouse version of the Credit Card Competition Act of 2022(CCCA). Berger explained why…
Do you ever play video games? Yeah, me neither. I’ve never really been good at them, but when I have played them, it’s been a nice distraction. The best part…
Recent information security (IS) statistics tell a scary story: The U.S. cybersecurity workforce has a shortage of 377,000 people, 57% of U.S. companies have a cybersecurity skills shortage, and the…
NAFCU’s compliance team has received several inquiries into Regulation Z’s limitations on increasing annual percentage rates, fees, and charges. We wanted to take the time to provide a brief overview…
Your Marketing Co. recently partnered with Helixa to help better understand our credit union marketing clients’ ideal members. Rather than hopeful guessing, we’re using the Helixa platform to help connect…
The short answer: you should have a marketing budget. Now let’s talk about the long answer. Credit unions and community banks are often stretched too thin to devote the proper…
Fighting sophisticated financial crimes in a pandemic era while having to comply with ever-changing regulations raises challenges for today’s financial services organizations. Time and resources are often spent in areas…
The NCUA will resume onsite examination and supervision on Oct. 17, taking the next steps in reopening, following the pandemic-related shutdown. In announcing the move, NCUA officials said that given…
Federally insured credit unions experienced continued growth in assets, shares and deposits, and loans outstanding over the year ending in the second quarter of 2022, according to the latestQuarterly U.S.…
On Monday, Representatives Peter Welch, D-Vt., and Lance Gooden, R-Texas, introduced the House companion to the Credit Card Competition Act of 2022 (CCCA), which was introduced in lateJulybySenators Dick Durbin,…
If you’re concerned about the impact student loans will have on your financial future, you’re far from alone. And while your primary focus may be on creating a plan to…
Any new employee’s security education starts on their first day. Every organization wants their employees to be knowledgeable about a wide range of topics after training, so setting the tone…
In 2021, the National Credit Union Foundation launched theKnow Your Membershipgrant program: an opportunity for seven small credit unions to better identify, understand and serve their diverse membership. An earlier…
Thecustomer experience (CX)is one of the biggest factors impacting the success of today’s financial institutions. It’s also one of the biggest challenges banks face amid many uncertainties that make it…
Targeting younger members is so common that you could say it’s ubiquitous, but the reasons why are often fuzzy. Gaining traction with this group in a way that benefits both…
Although the chances of enactment this year are iffy—at best—Sen. Alex Padilla, D-Calif., on Monday introduced legislation that would allow all credit unions to expand theirfields of membershipintounderserved areas. The…
Credit Union AwarenessTM, whichleads the industry’s only national and state-level consumer marketing program that generates awareness and engagement for credit unions, announcedincreases in membership in states where the program is…
On Friday, the White Housereleased a comprehensive frameworkdetailing responsible development of digital assets. The framework followsPresident Biden’s Digital Asset Executive Orderand is the first government-wide approach to managing the risks…
CUES member Bill Vogeney, Ent Credit Union’s chief revenue officer and the usual writer of this column, has shared his positive views on ourEntRANCElender development program in the past. “RANCE”…
Modern consumers expect convenience and speed when purchasing products and using services. While banking has traditionally been an industry that depends on face-to-face transactions, adigital transformation in banking ensures that…
An anti-credit union Super Political Action Committee is urging bankers to financially support one House Republican, one GOP Senate candidate and Sen. Ron Johnson, R-Wis., in the upcoming mid-term elections.…