Syndicated

With a recession on the horizon, the landscape for financial institutions will become more difficult for the rest of 2022 and into 2023. Rising delinquencies, tighter margins driven by an…

Financial institutions, including credit unions, may violate consumer protection prohibitions against unfair acts or practices if they have insufficient data protection or information security programs, the CFPB announced Thursday. In…

Ever get caught up in a game of tug-of-war with competing demands? As organizational leaders, this often brings about questions of today vs. tomorrow, productivity vs. costs, and more. Specifically,…

CUNA, Leagues, and credit unions engaged with hundreds of state lawmakers from around the country over the last few weeks at the American Legislative Exchange Council (ALEC) in Atlanta and…

In amessage to members,NAFCU Vice President of Legislative Affairs Brad Thaler highlighted the association’s recent advocacy initiatives onCapitol Hillregarding important credit union topicsand encouraged credit unions to engage with lawmakers…

Credit unions serve as financial intermediaries to members who need money they don’t yet have (borrowers) as well as those who have money they don’t yet need (savers). As such,…

You know that postal banking pilot program that has had financial services trade groups andcongressional Republicans furious? Nobody’s using it. The US Postal Service on Tuesday released its financial reports…

Losing their homes and possessions to the flooding that engulfed Knott and Letcher counties was catastrophic enough for scores of eastern Kentuckians digging through the wreckage that was their lives.…

60% of CUSO’s are Insurance based and almost all of them have the same thing in common: They are barely scratching the surface of their potential! President of Insurance Strategies…

Who could’ve predicted the past few years and what they would mean to all of us financially? According to a recent Consumer Affairs study, 50% of Americans are struggling to…

Your members are primarily banking through digital channels. In fact, a survey by Chase at the end of 2021 showed an increase of more than 10% adoption over the previous…

Your credit union website needs a refresh. Credit union leaders need to be aware of the results of one recent study that reported two important data points: 46% of consumers…

CUNA President/CEO Jim Nussle wrote to all 535 members of Congress Wednesday in strong opposition of the credit card bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill. CUNA…

The latest episode ofNAFCU’s Credit Union Policy Podcast(CUPP), which launched in early July, features a discussion betweenNCUA Vice Chairman Kyle Hauptmanand NAFCU Vice President of Regulatory Affairs Ann Petros exploring…

There’s been talk of recession brewing for months now. The term is coming up on the news, over dinner, and around the proverbial office water cooler. As more and more…

A few federal holidays here and there. Team member vacations need to be covered in the branch. Your own vacation if you’re lucky. Not to mention you’restuckin that weird limbo…

The “Great Resignation” is one of the pandemic’s unforeseen outcomes. Demand for workers remains high, despite the best attempts of many employers to attract and retain talent. Financial institutions are…

On July 27, 2022, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ)announcedthe filing of acomplaintandconsent orderagainst Trident Mortgage Company LP (Trident) in the U.S. District Court…

As federal regulators rewrite rules governing theCommunity Reinvestment Act(CRA), the banking industry is renewing its call for the agencies to seek legislation that would subject credit unions to the CRA.…

The Illinois Credit Union System (ICUS), in collaboration withover 850 organizations, took social media by storm for the 2ndannual #ILoveMyCreditUnion social media blitz on July 29. The goal of the…

Ginnie Mae Thursdayannouncedthat it will exclude federally insured credit unions and state housing finance agencies (HFAs) from its capital requirements and recognize them as insured depositories regulated by a prudential…

Recently, I was contemplating the idea of what our credit union might look if we as an industry could start over. As a credit union board member, I have seen…

When it’s time for your next strategic planning session, what topics will be top of mind when preparing for your credit union’s future? The2022-2023 CUNA Environmental Scan (E-Scan) explores trends…

Incorporating sustainability into business culture and operations is nothing new. Organizations have been weaving in small-scale solutions for decades. “Think before you print” taglines popped up in the early 2000s.…