Reimagining lending for the next generation using AI
A recent survey of borrowers across the USA revealed that only 47% of Gen Z respondents (age 15-24) in the USA claimed to have an account with a traditional bank,…
A recent survey of borrowers across the USA revealed that only 47% of Gen Z respondents (age 15-24) in the USA claimed to have an account with a traditional bank,…
Not unlike the birthdays, graduations and weddings that can forever play on repeat because you shot them on video, video marketing is vital when it comes to communicating about the…
According to CUNA’s2022 National Voter Pollin January 2022, credit unions’ unique makeup and characteristics offer greater financial resilience and higher levels of financial well-being for members and consumer, overall. According…
You either offer digital banking or you don’t. At least that’s how your members see it. They want a seamless experience – from opening their accounts to making transactions, managing…
Being financially prepared for retirement is a top concern for many Americans. With more people living paycheck-to-paycheck and the cost of living and healthcare costs on the rise, many people…
Low-income credit unions can get valuable advice on applying for Community Development Revolving Loan Fund grants and loans duringa Sept.14 webinar.Online registration for this webinar, “How to Get a Winning…
The Bureau of Labor Statisticsissued the August Jobs Report on Friday, which revealedthatthe unemployment rate rose slightly to 3.7 percent in August. NAFCU Chief Economist and Vice President of Research…
We’re living in an age where boardroom and office interviews are on the decline and online interviews have become a big part of the current hiring process. The modern interview…
As a result of interest rate and economic changes, the NCUA announced last week that it would provide more flexibility in its interest rate risk (IRR) assessments of credit unions.…
As I facilitated a credit union strategic planning session for a high-performing credit union recently, the board chair asked a question that I had to think about carefully before I…
Our latest Economic Update examines the unprecedented credit union loan growth that we’re seeing, especially in auto lending. CUNA Chief Economist Mike Schenk details how and why credit union lending…
There is adigital transformation in bankingthat is forcing banks to keep up or fall behind. Digital Banking has become increasingly important over the last decade. For most customers, this is…
Consumers are adopting digital banking at a faster pace than ever before. Over 45% of respondents to a recent surveyidentified mobile banking as a top 3 factor in selecting a…
Derek White spends a lot of his time contemplating what he calls “the glass.” That’s the screen that is the increasingly ubiquitous link between consumers and banking providers on mobile…
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s August Employment Situation: “The U.S. economy added 315,000 jobs in August with gains across several…
The Electronics Payment Coalition (EPC)recently released a listof more than 140 organizations that oppose theCredit Card Competition Act, which was introduced in July by Senators Dick Durbin, D. Ill., and…
Back in May, CUES member Alexis Beuchert was wondering what other credit unions were doing in terms of forming and running diversity, equity and inclusion committees. Executive Assistant at $500…
Consumers are demanding faster, more convenient services, requiring every industry to adjust. In asurvey of financial organization leaders conducted by Microsoft and WBR Insights, 73% of respondents say 50% or…
When asked if there really is a difference when comparing credit unions to other financial institutions, Gary A. Grinnell, president, and CEO of Corning Credit Union (CCU) and newly elected…
The NCUA on Thursday announced that 90low-income credit unionshave been awarded more than $1.5 million in Community Development Revolving Loan Fund grants for the FY22 award cycle. The grants ranged…
In hisQ3 Economic Outlook for Financial Institutions, SWBC’s Chief Economist,Blake Hastings, provided the following insights on rising consumer credit and deteriorating borrower balance sheets: Consumer balance sheets are still relatively…
As leaders, we are taught to have many distinct skills when managing a group of people. These general traits include dependability, decisiveness, integrity, and more. You’ve heard them all, but…
NAFCU's Chief Economist and Vice President of Research Curt Long, Senior Vice President of Government Affairs Greg Mesack, and Senior Counsel for Policy and Research Andrew Morris joined several NAFCU…
Google Analytics 4 (or GA4) is the new version of Google Analytics (UA), but GA4 isn’t just anew user interface—it’s a complete overhaul of the platform and how it collects…