The Financial Accounting Standards Board Wednesday agreed to a CUNA-supported update to the current expected credit loss (CECL) standard. CECL is an accounting standard that recognizes lifetime expected credit losses.…
NAFCU Vice President of Regulatory Affairs Ann Kossachevjoined with other trade associations Mondayto respond to the Federal Communications Commission’s (FCC) order allowing terminating telephone service providers (TSPs) to continue using…
The global economy spent all of 2021 in a highly distorted state. Indeed, the on-again, off-again recovery from the pandemic created conditions that had little or no precedent. Despite the…
Banks and other financial institutions have always been at the cutting edge of technology in their quest to better serve their customers, streamline their operations, and improve their operational security.…
We all love making New Year’s resolutions. Being hopeful, optimistic, and setting a goal can help boost our motivation to achieve what we set out to accomplish. According to a2021…
CUES thanks JanayeElkin for taking the time to talk to us about her learning experiences, including completing all 42 Harvard ManageMentor™ courses offered through membership and participating in theCUES Emergeprogram.…
In December of 2021, the National Credit Union Administration (NCUA) issuedLetter to Credits Union 21-CU-15about NCUA's supervisory efforts to educate federally-insured credit unions on cybersecurity preparedness and how the recent…
The Federal Communications Commission (FCC) should require voice service providers to transition to the use of specific codes to notify callers of a blocked call, CUNA and other organizationswrote to…
The Federal Reserve’sJanuary senior loan officer opinion survey (SLOOS)found that over the fourth quarter, banks reported having eased standards and terms regarding C&I loans to firms of all sizes. A…
Joan Nelson, CUDE, has worked hard to reach the upper echelons of corporate leadership during a career spanning nearly 40 years. Nelson is VP/quote-to-cash operations for North America and Latin…
Gamification is the strategy of adding game-like elements to non-game things. The goal is to increase engagement, and it works. It works well. If the goal is to increase member…
Consumer preferences and habits can be impacted by a variety of factors, one of which is age. Typically, generational cohorts have different approaches to how they live – and this…
For many people, setting up utilities takes a backseat to the more pressingtasks of moving, like packing or hiring a moving company. However, it’s still an important step. If you…
Sales can be a scary word. No one wants to be “sold.” If you're selling, you're not serving. It doesn’t suggest active listening or problem-solving. In the stereotypical sense, the…
What’s on the horizon for credit unions, lenders, and other financial institutions in 2022? Our experts weigh in with a product outlook for payments in the coming year. 2022 Payments…
Feeling charged up and ready to keep resolutions in 2022? If you’re anything like us, service sits at the top of that list. And when it comes to your credit…
Five leaders from the credit union industry have committed to the FinHealth Fund—a new designated fund held at the National Credit Union Foundation, focused on improving financial well-being for all…
NAFCU continues to monitor Congressional movementon the nomination of current NCUA Board Chairman Todd Harperto a full term on the NCUA Board. In addition, the association will keep credit unions…
Quantum GovernanceandDolus Advsiorsare pleased to offer the following key outcomes and lessons learned from our work with $6.1 billionHudson Valley Credit Unionin revisioning and revising their nominations process: Key Outcomes…
Robyn Cousin’s voice is a powerful tool, and she uses it to make a difference and advocate for those who need it most. “I can influence the direction and the…
With each year, the number of small community banks dwindles as institutions are absorbed by larger institutions or merge amongst themselves to gain scale. Credit unions, many of which are…
What has been the most frustrating aspect you have encountered working in a remote setting since the pandemic began? Lack of interaction or connection with others? Too many distractions? Too…
THINK is back—live and in-person. CO-OPTHINK 22, May 2-6 in Chicago, will feature our signature lineup of keynote speakers who bring the best thinking from across industries to our audience…
On January 26, 2022, the Consumer Financial Protection Bureau (CFPB) issued astatementannouncing that it had launched an initiative to reduce what it calls “junk fees.” The CFPB explained that junk…