Syndicated

Improving people’s financial well-being takes creativity, commitment and a culture of service. These are the stories of credit unions andhowthey are putting people’s financial well-being at the center of their…

Credit union frontline workers will learn the importance of compliance and the best way to communicate regulations to members by attending CUNA Frontline Compliance eSchool, to be held in five…

Following the issuance of an interim final rule to incorporate changes made to the paycheck protection program (PPP) by the American Rescue Plan Act, the Small Business Administration (SBA) published…

In January 2021, the IRS issued final regulations on the 21% excise tax levied against credit unions beginning in 2018 based on the income of certain highly compensated employees. The…

The big question - should every piece of content that you post to your channels be sales/product related? The answer - yes and no. Simply put, no - every piece…

The omnichannel approach… It’s packed with potential for your financial institution’s success, but are you really doing it? Jason Osborne –– Global Head of Consumer Banking at Genpact –– has…

COVID-19 has impacted lives all around the world, causing uncertainty in many parts of life. While we all continue to navigate this unprecedented situation, we want to assure you that…

All of us are acquainted with the Pareto principle, which says that, for many outcomes, roughly 80% of effects come from 20% of causes. Better said: 80% of results derive…

The National Credit Union Administration (NCUA) recently published an administrative order against Live Life Federal Credit Union, a small federal credit union based in Michigan. The order states NCUA believed…

CUNA and Leagues called on the NCUA board to adopt an interim final rule to provide Prompt Corrective Action (PCA) relief. The 2020 interim final rule (IFR) on PCA expired…

In the coming weeks, NAFCU is offering several webinars on key industry issues ranging from using secondary capital to drive growth and what credit union professionals need to know when…

If you’re working hard to better your credit health, like paying down credit card balances or loans, you may be wondering when these positive actions will show up on your…

Leaders are put in place to guide their organizations to success. The traits and skills you use to inspire and motivate your team are the biggest contributors to achieving that…

Is your website environmentally sustainable? Are there gender or racial biases in your AI algorithm that impact your relationship with potential loan applicants or prospective employees? Do you involve all…

The American Rescue Plan Act of 2021 provided for an additional round of economic impact payments, and the Department of the Treasury has been sending these payments for a little…

Reps. Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velázquez (D-NY) and Warren Davidson (R-OH) reintroduced the CUNA-backed Secure and Fair Enforcement (SAFE) Banking Act today, which would provide protections for…

The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. The committee noted it will run the economy…

When you think of brands, the names that come to mind are iconic and clear. Apple and Google conjure impressions of cutting-edge tech and coolness. Coca-Cola thrives on building a…

Improving people’s financial well-being takes creativity, commitment and a culture of service. These are the stories of credit unions andhowthey are putting people’s financial well-being at the center of their…

It is a well-known fact that it is more cost effective to market to your existing account holders than to go after new ones. In fact, according to OutboundEngine, “The…

It’s human nature to name things to make them easier to understand. We name things in order to identify what they are, organize them into some sort of system, and…

Just as interchange income was devastated in the months after the pandemic hit, overdraft fees earned by banks and credit unions also dropped precipitously. One reason was that the massive…

Our Consumer Pulse revealed more than one-third of the country continues to be impacted financially by the pandemic. As financial hardship spread, people initially turned to savings, but some Americans…

CUNA Senior Economist Jordan van Rijn said he expects a “fairly strong” economic rebound in CUNA’s latest Economic Update video, sponsored by CO-OP Financial Services. “There is a lot of…