Fed’s Clarida details newly implemented framework
Federal Reserve Vice Chair Richard Clarida Monday provided an update on the Federal Open Market Committee's new strategy framework – adopted in August – to better reflect economic changes and…
Federal Reserve Vice Chair Richard Clarida Monday provided an update on the Federal Open Market Committee's new strategy framework – adopted in August – to better reflect economic changes and…
When Candise Taylor interviewed for the position of CEO of $21 million asset Sweetwater Federal Credit Unionin Rock Springs, Wyo., in 2017, she made a promise to the credit union…
With more members moving to digital banking and a convergence around standard digital experiences, your brand and your branch experiences are becoming much more important differentiators. They represent an opportunity…
Virtually no aspect of the economy has remained untouched by COVID-19 — and the impacts continue to evolve the payments landscape at a rapid speed. The pandemic has changed our…
Columbus United Federal Credit Union($73.9M, Columbus, NE) is leveraging its relationship with another nonprofit provider of affordable housing to make a difference in their rural corner of the Cornhusker State.…
On the rocks with your marketing strategy? Don’t know how or where things went so wrong? Like many relationships, this one might need an overhaul. But you’re in luck! This…
Veteran’s Day got me thinking about the bond between credit unions and the military. A recent survey demonstrates how that bond is alive and well, and, if you look at…
CUNA’s research shows that credit unions that are intentionally financially inclusive grow memberships, loans, and assets faster, without harming portfolio quality. CUNA Vice President of Diversity, Equity and Inclusion was…
The NCUA Friday released its proposed budget for 2021 and 2022, which estimates $315.6 million and $341.7 million, respectively, for its operating budget. The agency is set to hold a…
Last month, I shared my thoughts on the difference between our COVID-19 recession and The Great Recession from the perspective of the potential for auto loan growth in 2021. This…
When the coronavirus (COVID-19) pandemic struck earlier this year, lending departments across the country found themselves pivoting to remote work environments that still allowed them to engage with members and…
In our weekly newsletter, we shared a short PR blurb about how Sound Credit Union recently completed a Zelle® integration. Sound Credit Union is well over $1b in assets, which…
It’s safe to say that almost nothing this year has gone according to plan. That’s not to mention that the days are getting shorter, and we’re all confronting the reality…
On October 28, the National Credit Union Administration (NCUA) Board approved a proposed interagency rule codifying an interagency statement from September 2018 regarding the role of supervisory guidance. The NCUA…
As the pandemic rages on and consumer adoption of digital banking continues to accelerate, simply providing digital experiences is no longer a differentiator in itself. Now more than ever credit…
In the wake of the COVID-19 pandemic, lenders are looking to the past to determine the potential impact on their businesses. In the Great Recession from Q4 2007 to Q2…
NCUA’s proposed 2021–2022 budget is now available for review and comment. The proposed budget summary and detailed budget justification are available on the Budget and Supplementary Materials page of NCUA.gov.…
With Congress set to tackle several key issues in the months ahead - including negotiations on another coronavirus relief package - NAFCU President and CEO Dan Berger penned an editorial…
Amid an extended and contentious 2020 election, the CUNA/league advocacy team had another successful campaign cycle, winning 97% of the more than 400 races it supported for candidates on both…
Credit unions are in the risk business. The whole organization is geared around managing the risks inherent in balance sheet alchemy. This is understandable as credit unions are entrusted with…
Your annual benefits enrollment at work can seem like a daunting task, but it doesn't have to be. Read on for a quick explanation of some of the benefits your…
It’s been a tough year for millions of families. The coronavirus and subsequent social distancing measures put in place to help slow the spread of the disease caused major disruptions…
We use the end of the year as a time to reflect on how we've progressed – the goals we've hit, areas we've struggled – and identify how we can…
NCUA and Congress should take further steps to ensure credit unions remain in position to serve members during and after the pandemic, CUNA wrote to the House Financial Services Committee…