All signs show that the U.S. economy is emerging from the never-before-seen domestic and global economic shutdown caused by the COVID-19 pandemic. Signs of Recovery The U.S. gross domestic product…
Small businesses are often characterized as too small and too simple to want, need or understand the potential benefits of Treasury Management™ products applied to their business. However, the pandemic…
We’re discussing the various impacts of CECL on loan pool purchases and how those loans fit into a CECL model. We’ll explore how your credit union can determine credit deterioration…
Your content marketing efforts can either accelerate your growth, or they can be part of what causing consumers’ collective eyes to glaze over when they come across your credit union’s…
The National Credit Union Foundation is now seeking nominations for the 2022WegnerAwards, looking to the credit union movement to nominate individuals and organizations for the33rdannualHerb Wegner Memorial Awards to be…
The Senate Tuesday approved a resolution to overturn the Office of the Comptroller of the Currency's true lender rule using the Congressional Review Act (CRA). The resolution now heads to…
One of the challenges I faced when I was first promoted to a management role was managing a co-worker who, up until my promotion, was a peer. Although she was…
First Financial of Maryland Federal Credit Union($1.2B, Sparks, MD) has been developing young people and the schools they attend for nearly 20 years. Cindy Jones has been an integral part…
Take your credit union hat off and let’s walk in the consumer’s shoes for just a moment. When you think of financing a home, what is the first thing that…
Recently, I had the privilege of attending the March 2021 CUDE program (#BestClassEver). Although I was very excited to attend, there was a part of me that wondered what I…
Hawala is a globe-spanning informal funds transfer (ITF) system that has been used since the eighth century to transfer funds anywhere in the world at the speed of information. It…
Last week, the House Committee on Homeland Security held a hearing on cybersecurity, which focused specifically on ransomware. One of the witnesses at the hearing referred to ransomware as a…
Congress should carefully assess the costs and benefits of imposing a new level of data collection on the already over-complicated tax reporting structure, CUNA and other organizations wrote Monday to…
NAFCU Vice President of Legislative Affairs Brad Thaler Monday called on senators to support a resolution to use the Congressional Review Act to nullify the Office of the Comptroller of…
We’ve had the pleasure here at PixelSpoke of serving as judges for both the CUNA Diamond and the MAC Awards this year. That means that over the past few months,…
Experts predict the proliferation of artificial intelligence will be more impactful than the Internet. Here’s how artificial intelligence can help your business streamline operations and deliver a better customer experience.…
Synthetic identity fraud is reported to be one of the fastest-growing types of financial crimes in the U.S., costing financial institutions billions in losses annually. To help better identify and…
Thank you to everyone who made our CU FinHealth Conference a success last week! We enjoyed “seeing” all of you and talking with our informative panelists over the three days…
280 Days – the average time It takes to identify and contain a breach. Stats like that highlight the criticality of closing security gaps to keep hackers at bay. Let’s…
Over the past several months, I've had the opportunity to speak with several leaders in the consumer credit and collections industry. In addition, I've scoured the 2021 TransUnion Consumer Credit…
Relationships take work. But take away in-person interaction and digitize, well, everything, and you’ve got yourself a whole new mountain to move when it comes to winning (and keeping) the…
CUNA supports one of NCUA’s potential approaches to simplifying risk-based capital (RBC) requirements, but also reiterated its long-held belief that the 2015 RBC rule is “functionally unnecessary” in comments filed…
The Bureau of Labor Statistics revealed that non-farm payrolls increased 266,000 in April, and the unemployment rate rose to 6.1 percent. NAFCU Chief Economist and Vice President of Research Curt…
There are many big, bold changes that organizations can make to advance their work in the diversity/equity/inclusion space. But in this article, we’re going to focus on really small changes…