Syndicated

As referenced in Part I and Part II of my blog series earlier this year, the rapidly evolving nature of cryptocurrency has led credit unions to explore its impact on…

As a veteran, you have worked hard and made unimaginable sacrifices to protect our country and our freedom. It's only fair that you receive some benefits in return! One of…

CUNA recommends federal financial agencies continue to work with financial institutions on the use of artificial intelligence (AI) in the delivery of financial services it wrote in response to a…

President Joe Biden Wednesday signed the resolution to overturn the Office of the Comptroller of the Currency's (OCC) true lender rule using the Congressional Review Act (CRA). "NAFCU applauds President…

My Dad would often say, “When you are looking in the rearview mirror, you see everything with 2020 vision.” Little did I know how prophetic his words would be for…

Financial services firms have performed admirably in helping small businesses with loans secured by the federal government in support of the Paycheck Protection Program (PPP) of the CARES Act. So…

With an historic influx of federal stimulus (and more on the way), many credit unions are looking to deploy excess liquidity into earning assets. The question quickly becomes: How do…

The workplace of tomorrow is here and your user’s expectations around how they communicate and engage with colleagues and customers is evolving. At the same time, customer expectations have evolved…

Anxiety and uncertainty can cause you stress and should be addressed. But it’s not something to leave for another day. If you start taking the needed steps now, you’ll soon…

We recently sat down with Cole Saini, Director of Risk Management at California-based KeyPoint Credit Union, to talk about how regulated financial institutions can provide reliable and cost-effective cannabis banking…

In today’s market, there is an increased demand for a Security Information and Event Management (SIEM) platform as more companies are exposed to vulnerabilities, attacks, criminals, and other cybersecurity threats.…

While the Fair Credit Reporting Act (FCRA) should be examined for necessary amendments and modernized, CUNA has concerns about the negative impact that could result from “well-intentioned but overly disruptive…

The Consumer Financial Protection Bureau (CFPB) today issued a report highlighting legal violations from the agency's2020 examinations. The agency issued $124 million in remediation and civil money penalties as a…

No event has illustrated the importance of having a formal enterprise risk management program more than the COVID-19 pandemic of the past year and a half. “The initial impact of…

“Our credit union is understaffed. We just can’t find enough people!” If I had a nickel for every time I’ve heard that statement from credit union leaders over the past…

Following a year like no other in recent memory, America deserves a Fourth of July filled with jubilation for the ideals and vision this country represents. The day prior,however,offers cooperatives…

Most never expected that a service as ubiquitous as the taxi would be struggling against external competition. Now we know that ride-sharing apps and other unexpected competitors have appeared and…

As many of you are aware, WOCCU advocates strongly for proportionality to be included in every international standard so that rulebooks can be tailored appropriately for credit unions and that…

With multiple tax-advantaged savings options available, your credit union members may often wonder where to defer their money when saving for the future. Sure, there’s the 401(k) plan—or another type…

The cloud has given businesses of all sizes a flexible, more cost-effective, and even more secure and reliable way to manage their enterprise technology and ever-growing data. Not only does…

The Federal Housing Finance Agency (FHFA) can take several steps to address the racial wealth gap and the racial homeownership gap, CUNA Senior Director of Advocacy and Counsel Elizabeth LaBerge…

The NCUA Monday announced it will distribute $865 million to the 1,800 membership capital account holders of the former Members United, Southwest Corporate, and U.S. Central corporate credit unions. In…

The pandemic has driven more consumers than ever to bank by mobile app, and seven in 10 would use a chat app for banking if their bank offered it, a…

Transitioning from a reactive remote workforce to a sustainable hybrid workforce model is no simple task. It requires careful planning and understanding of how to implement a workforce environment that…