Syndicated

Collaboration is an exceptional cooperative advantage. What one credit union cannot do alone, several working together can accomplish. For example, a planned cooperative community park adjacent to the new head…

How much does it cost your credit union to add a new member? That’s a question that could generate much debate. Ask three different experts, and you’ll get three different…

Attracting and retaining millennial members is a challenge that credit unions have been trying to tackle for the last decade. This challenge only becomes more complex as Gen Z begins…

At its January meeting, the National Credit Union Administration Board approved a proposed rule with a 30-day comment period that would allow credit union service organizations the authority to work…

I learned so much about the month of February this past week. First, it can (and did) snow in February. Second, when it snows, it’s a lot less playing in…

Credit unions have continued to lend during the pandemic because their mission is helping people, CUNA President/CEO Jim Nussle told CNBC recently. Nussle, along with CUNA Senior Economist Jordan van…

The House Small Business Committee Thursday held a hearing to discuss the state of the small business economy amid the coronavirus pandemic. Ahead of the hearing, NAFCU shared how credit…

With 61% of new credit union member growth coming from multicultural consumers, building a diverse and inclusive culture is an imperative to meeting the changing needs of members. Diverse teams…

Conversations about racial justice have taken place at many credit unions in recent days. At USC Credit Union in Los Angeles, Calif., those conversations led to initiatives for better serving…

As your institution navigates the changing world of IT, you need a strategy to ensure effective IT management and a secure, compliant environment. A holistic strategy to strengthen your cybersecurity…

When the state-mandated shutdowns started last March, Skyler Fort, a painting contractor in northern Michigan, turned to his local credit union, 4Front Credit Union, for a PPP loan. Many Americans…

One of my favorite aspects of working in the credit union industry is the unparalleled commitment to giving back to our communities. Perhaps nothing embodies that commitment more than theCredit…

As we work to continue to lead our organizations amid a challenging time, it can be hard not to dwell on things that have gone wrong or perceive any failures…

CUNA called on the Consumer Financial Protection Bureau (CFPB) to ensure all users of consumer financial data comply with consumer data protection requirements in a letter sent Thursday. CUNA sent…

Ahead of today's House Financial Services Committee hearing to discuss the response to the coronavirus pandemic and ensure consumers have the resources and relief needed to recover from inflicted financial…

Credit unions are moving through 2021 with skewed balance sheets, asset/liability mismatches and pinched net worth after the turbulent and disruptive but survivable hurricane called 2020. The experience varied from…

As the business landscape continues to evolve, accelerated by the coronavirus (COVID-19) pandemic, many credit union executives have revenue generation and cost containment at the forefront of their minds. There…

There is no doubt that financial institutions are feeling the economic fallout from the COVID-19 pandemic. According to a report published byCFOin Q3 2020, “For the 5,066 commercial banks and…

As customers make plans for 2021, they’re seeking advice from you. The finances of your customers have changed and for many this alteration may last forever. But these financial shifts…

Brand is one of the most misunderstood concepts in business, but also the single most important thing to grasp. And yet, even now, many in banking miss the full significance…

While wrapping up one of the most unusual years in recent history, a large group of bankers shared their thoughts on a range of industry topics in our annual Banking…

The House passed its budget resolution Wednesday evening by a vote of 218-212. The House and Senate Budget Resolutions begin the process of Budget Reconciliation by which Congress will likely…

NAFCU is defending the credit union industry as bank lobbyists continue their attacks on credit unions and the industry's tax-exempt status. "For decades, credit unions have stood as pillars in…

Undertaking a core conversion is no small task, and it’s a decision no credit union takes lightly. When reading about the process and talking to peers who have lived it…