Syndicated

According to the Commerce Department's initial estimate of 2020 fourth quarter economic growth, the U.S. economy grew 4 percent, but real GDP declined 3.5 percent over the year due largely…

Although gaining traction has been slow, contactless payments are now poised to take consumer marketplaces in the United States by storm. Mirroring the acceleration of digital transformation, a push for…

Matt Carpenter, senior vice president and market director of Elan Financial Services,explores how his firm has responded to the drastic changes the pandemic has brought to the financial landscape and…

We live in a fast-paced world. Feeling hungry? Press a few buttons on a screen, and you’ll have food in less than an hour. Planning a vacation? You can research…

Your customers have more banking options than ever. Use financial wellness to grow stronger, together. The landscape of banking has changed forever. Over the past 10 months, the financial security…

Culture is the foundation of a company's success. It's how you attract and retain talent. It's how you live up to your members'/customers' expectations. It thrives when leaders embody its…

Credit unions improve members’ financial well-being and advance the communities they serve, CUNA wrote to Congressional leadership Wednesday, outlining several priorities for the new Congress. CUNA wrote a similar letter…

The Federal Open Market Committee (FOMC) voted via videoconference Wednesday to maintain the federal funds target rate at its current range of 0 to 0.25 percent as the economy works…

While a growing number of employers are taking proactive steps to address the rising awareness, and prevalence, of mental health issues impacting their organizations, mental health continues to carry a…

Reddit’s Alexis Ohanian said Thursday that the GameStop stock-trading frenzy, originating in large part on the online platform he helped create, is a turning point in the U.S. investing landscape.…

Artificial intelligence is still a somewhat new technology, but it already has the capacity to offer real-world business outcomes for financial institutions in the form of productivity improvement, cost savings…

“Diversity and inclusion” is a phrase we have been hearing for a while but in the past few years, it’s become an essential part of organizations around the world. We…

The national personal savings rate hit 14.3% in September, according to data from the St. Louis Fed. This is the second-highest rate since 1975. Higher savings paired with low interest…

Real-time payments (RTP) have been discussed for decades, but they only achieved true momentum within the last few years. Industry changes, combined with the effects of the pandemic, have accelerated…

One of the most important things in leadership is listening, CUNA President/CEO Jim Nussle told podcast host Todd Marksberry recently. Marksberry, president/CEO of Canvas CU, Lone Tree, Colo., hosted Nussle…

The Small Business Administration (SBA) Tuesday issued a press releaseoutlining steps the agency is taking to improve the first-draw paycheck protection program (PPP) loan process. The SBA indicated it will…

Every bank and credit union CFO I have ever met would like to pay as little as possible for the most value. Each executive would like to pay their vendors,…

CUES is so pleased to have Lindsey Walker, CMM, as its first-ever CUES Emerging Leader. Executive assistant at Tampa Bay Federal Credit Union, Tampa, Florida, Walker kindly took the time…

Although the mortgage industry has grown substantially during the pandemic,auto lending has lagged behind. With fewer people buying cars, credit unions will need to find creative ways to attract new…

On January 19, the Consumer Financial Protection Bureau (CFPB) issued their final rule amending the higher-priced mortgage loan (HPML) escrow rule. The final rule expands the exemption for establishing escrow…

Much of the general public is often perplexed to see how, when the economy and the financial system have the equivalent of a cardiac arrest, as they did in 2008…

When a member can’t withdraw money from an ATM, they don’t wonder whether or not the credit union has set its operational risk appetite correctly – they just want to…

Allowing credit unions to capitalize interest would provide a consumer-friendly option and will likely lead to credit unions using it to help struggling borrowers, CUNA wrote to the NCUA Tuesday.…

The Senate Monday, via a 84-15 bipartisan vote, approved the nomination of former Federal Reserve Chair Janet Yellen to serve as Treasury Secretary. NAFCU worked closely with Yellen during her…