Is your retirement plan sponsor ERISA compliant?
In the recent Supreme Court case of Hughes vs. Northwestern University, current and former plan participants in two of the university’s retirement plans claimed that the academic institution was in…
In the recent Supreme Court case of Hughes vs. Northwestern University, current and former plan participants in two of the university’s retirement plans claimed that the academic institution was in…
Your website says a lot about you. Everything from color themes to formatting tells your members or customers about your brand. And if your website says the wrong things, you’ll…
Credit unions’ unique characteristics producesignificant pro-consumer benefits, according to CUNA’s 2022 National Voters Poll. Conducted in January, the poll shows credit union characteristics unambiguously translate to greater financial resilience and…
The House returns this week with several key hearings lined up, including several budget request hearings.Looking forward,the House Financial Services Committee’sMay scheduleincludes a markup where the committee will potentially discuss…
Economists and investment strategists are said to suffer from a malady known as “physics envy.” The physical universe is governed by laws that create certainty about the outcome of an…
Mary Ann Pusateri, CEO atPartnership Financial Credit Unionin Morton Grove, Ill., isCredit Union Magazine’s2022 Credit Union Hero of the Year, sponsored bySymitar. “Mary Ann Pusateri's career exemplifies how credit unions'…
Do you find the world of trading a touch intimidating? Enthralling? Completely foreign but still a little fascinating? If capital investment piques your interest at all—and perhaps it should—this is…
The National Credit Union Administration (NCUA) should immediately increase its permissible interest rate ceiling, theNational Association of Federally Insured Credit Unions(NAFCU) said Thursday. In a letter to the agency’s board,…
On May 4, 2022, the Consumer Financial Protection Bureau (CFPB)announceda $10 million civil penalty and the filing of aconsent orderagainst Bank of America, N.A. (BoA) for actions taken in respect…
CUNASenior Economist Dawit Kebedeissued the following statement in response to the Labor Department’s April Employment Situation: “The economy added more jobs in April than expected fueled by employment gains across…
The Nominating Ballot phase ofNAFCU's 2022 board electionhas ended; official ballots will be sent to members May 11. The deadline for returning the ballots is May 25. Four candidates ran…
Four experts weigh in on the disruptive, always-changing payments space—and their recommendations for how to capitalize on it. Payments Personalization From Amazon suggesting your next buy before you even realize…
The marketing and business development world is undergoing constant changes. Credit union thought leaders are paying attention, following technological advancements and changing member preferences, and their impact on the movement.…
The federal government must develop a comprehensive fiscal plan, which should include an examination of the effectiveness of tax expenditures—a budget category encompassing the credit union tax exemption—theGovernment Accountability Office(GAO)…
As you may have noticed the last couple years, there is no longer any single wildfire season. The now-annual campaign to tame the nation’s wildfires will start earlier and last…
Watching yesterday’s post on the Federal Open Market Committee (FOMC) press conference with Fed Chairman Jay Powell, I feel that we saw a chairman chastened by a resounding early loss…
Ever heard of a “vicious cycle”? Or, in other terms, repeating the same patterns over and over resulting in the same outcomes? Me too, and I want to be able…
NCUA will host a webinar for credit unions looking to protect their older members on Thursday, May 19, beginning at 1 p.m. ET. Registration for “How Credit Unions Can Protect…
Following Wednesday’s Senate Judiciary Committeehearing to discuss interchange fees, NAFCU President and CEO Dan Berger issued a response asking lawmakers who they’re truly representing: American consumers or merchants? “Rather than…
It’s no secret that U.S. workers are leaving their jobs in record numbers in what’s been dubbed ‘The Great Resignation.’ More than 11 million workers left their jobs between April…
CUNAPresident/CEO Jim Nussle and Gigi Hyland, executive director of theNational Credit Union Foundation, emphasized the importance ofFinancial Well-Being for All™ during their keynote address at the2022 Co-op Think ConferenceWednesday in…
Maintaining strong, enforceable internal controls is a priority for many organizations, regardless of their size. For financial institutions, it’s imperative that risk mitigation remain at the forefront. Credit, liquidity, asset-backed,…
I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. Twenty-six times I’ve been trusted to take the game-winning shot and missed. I’ve failed over and…
Buying a home can be a stressful process, however, qualifying for aVeterans Affairs (VA) mortgage loanmay make the homebuying process easier as there are many perks that the average homebuyer…