Credit unions are facing unprecedented times. During the pandemic, many rallied to address the strain on credit union employees and members. But the changes and pressures on the credit union…
As the pandemic has transformed the way we work, creating a normality around remote working, so have our organizational relationships. According to aMicrosoft Work Trend Index report, working from home…
The National Credit Union Administration (NCUA) is updating its examinations to address two high priorities—fosteringMinority Depository Institutions(MDIs) and countering cybersecurity threats—officials told the NCUA board Thursday at its monthly open…
So, your credit union just opened up a HELOC for a member and now they want to rescind. What happened to no takebacks? Well, under Regulation Z a consumer has…
CUNA continues its call for credit unions to submit their stories to theAdvancing Communities website, especially during April’s National Credit Union Youth Month and Financial Literacy Month. Many credit unions…
Existing home sales fell 2.7 percent in March to a seasonally adjusted annual rate of 5.77 million annualized units, representing a 4 percent decrease in sales compared to last year.…
Are you missing something in your video marketing strategy? You may be creating marketing videos constantly, sharing them on all of your social media channels regularly and even adding them…
In the past, credit unions could expect to enroll workers from select employee groups (SEGs), provide better rates on loans and deposits, and offer “share draft” accounts. The relationship was…
One of the most popular types of fraud among scammers in recent months is check fraud. It’s not hard to see why, either. Advancements in technology have made creating checks…
Chances are, your organization is currently looking to fill open positions—but we all know that work doesn’t stop coming in just because you don’t have the employees needed to handle…
Bank and credit union consolidation is hitting rural areas particularly hard, leaving residents without the simple financial services they have become accustomed to, theConsumer Financial Protection Bureau(CFPB) said in a…
In late October of last year, Ohio Governor Mike DeWine signed a bill into law mandating that all high schoolers in the state take a half-credit, standalonepersonal finance classprior to…
CUNA Credit Union Board Roundtable, Sept. 10-11 in Scottsdale, Ariz., provides an engaged, interactive environment for board members to connect with peers, speakers and industry leaders from across the country.…
The International Monetary Fund Tuesday released itslatest assessment of the world economy, suggesting the global economic outlook has "worsened significantly" since January – largely due to Russia's invasion of Ukraine.…
Let’s be blunt, talking cannabis business and banking is still often perceived as taboo by many but it should be far from off limits when considering risk amongst financial institutions.…
Quontic Bank is a small New York City digital-first institution that likes to innovate. In fact, its tagline is “The Adaptive Digital Bank” and it was a crypto pioneer in…
“Mergers.” They can sound cold, and there’s a tendency to treat credit union mergers like business deals without any deeper meaning to them. But what if I told you it…
Changes announced by the Department of Education Tuesday will help millions more borrowers become eligible for student loan forgiveness under income-driven repayment plans. The Education Department said it will conduct…
One day soon, credit union officials may be in for an unwelcome surprise when they open their newspaper or sign on to a local news website. They may find an…
A few weeks ago, the Consumer Financial Protection Bureau (CFPB) published areportreviewing the trends in credit card late fees over the last few years. CFPB Director Chopra says, “many credit…
For most credit unions, the global pandemic led to unprecedented deposit growth and a sharp decline in branch traffic due to changing member behavior. Water and Power Community Credit Union…
As the Russian invasion of Ukraine continues to inflict needless suffering, death and destruction, credit unions in both conflict and non-conflict zones are still striving to serve their members and…
The Federal Reserve Bank of New Yorkreleased results Mondayfrom its2022 SCE Housing Survey, revealing that households expect home prices to rise at a faster pace than expected in the next…
Whether you’re looking to make a big purchase or think it’s time to take control of your finances, building a budget is a smart first step. Learning how to budget…