Syndicated

Fair Lending compliance is a hot button issue, making it critically important that your institution has a clear sense of its fair lending risk exposure. From the Office of the…

In a word: No! Alternative: ((Don’t hold your breath!)) or.. ((Not damn likely!) It’s no secret, our industry is being forced to innovate in a financial climate very different than…

The July edition of thePSCU Payments Indexfinds that while overall consumer spending remained strong through June, growth in purchases continues to outpace growth in transactions, largely due to ongoing inflationary…

It’s sometimes said that Congress only moves fast when members “smell the jet fumes” as they prepare for a recess. If that’s the case, the House side of Capitol Hill…

The House and Senate are in Washington D.C., this week. The House will consider the CUNA and League-supported SECURE Notarization Act of 2022 (H.R. 3962), which would allow for online…

Credit union loans outstanding increased 2.3% in May, compared to a 1.9% increase in April of 2022 and a 0.8% increase in May of 2021, according to CUNA's latestMonthly Credit…

This week, both the House and Senate are in session and NAFCU will remain engaged with lawmakers on the industry’s top priorities. The House’s suspension calendar for tomorrow includes theNAFCU-backed…

Randy Romes, principal atCliftonLarsonAllen, provided insights on fraud prevention during an interview at CUNA Management School. He provides an update on the latest developments in social engineering and offers advice…

The NCUA Board met Thursday where a briefing on the 2022 mid-session budget revealed the projected Operating Budget surplus for 2022 is around $18 million.In addition, theboard unanimously approved two…

Banks have long struggled to spot illicit transactions among the multitudes they process daily because criminals move dirty money from one institution to another to cover their tracks, leaving compliance…

U.S. equities wavered on Monday, coming off apositive week for the major averagesas traders braced for the busiest week of corporate earnings, as well as insights into further interest rate…

The spirit of financial literacy and its advocates can come from anyone, anywhere. And in 2022, we need as many proponents as we can get. Whether they’re champions of financial…

The municipal bond market continued its downward trajectory in the second quarter, resulting in the worst first half in the history of the bond market, which dates to 1812. The…

Learn how and why the recruiting process has changed for tech roles Identify key tech roles that every credit union needs Examine the benefits of hiring globally  The tech talent…

Last fall, major federal banking regulators issued afinal rulethat imposed new cyber incident notification requirements on banks. While that rule does not apply to credit unions, cyber incident reporting requirements…

The long-awaitedSenate Democratic marijuana legislationwould allow marijuana banking and would establish a newCommunity Development Financial Institution(CDFI) program to provide grants to communities that have been impacted by the War on…

If you’ve spent any time dabbling in the metaverse, you might feel as though the future has arrived. In case you’re new to the topic, the metaverse is an area…

South Carolina Gov. Henry McMaster signed H. 3279, a Carolinas Credit Union League-backed bill, into law. H. 3729 combats the predatory practice of bad actors in the towing industry who…

Representative Scott Fitzgerald, R-Wisc., Wednesday introduced the NAFCU-supportedMaking CFPB Accountable to Small Business Act, a bill that would repeal the Dodd-Frank Act’s burdensome data collection rule, Section 1071. NAFCU hassought…

The last two and half years have revealed flaws in the just-in-time and as-needed production approaches used in many industries. Additionally, inventory supply and demand were shifted drastically as many…

Field-of-membership (FOM) modernization is all about removing barriers and creating opportunities for consumers and businesses. It’s a top priority for the CUNA-League advocacy team because language modernizing federal credit unions’…

If you’re one of the many executives wondering how to align your organization in the new working environment, you’re not alone. Work has changed. COVID didn’t start the change, but…

Federal credit union operating fees may be reduced next year as a result of the Nation Credit Union Administration running a budget surplus of about $18 million, NCUA CFO Eugene…