We worked with $6.5 billionHudson Valley Credit Union, Poughkeepsie, New York, on an extensive board renewal project. During that effort, the CU’s nominations subcommittee decided that every candidate on its…
WhenVirginia Credit Unionin Richmond teamed up with theFinancial Health NetworkandGeorge Fox Universityto conduct a series of member surveys, it learned that its female members struggled the most with financial health…
Historically American Express had a “build first” culture, preferring to invent its own wheels from scratch when a new idea came to mind. That’s how the strategy for Amex Digital…
It’s tax season, so it’s time to get your paperwork in order and hire a tax preparer. Unfortunately, though, there are thousands of scammers looking to steal your information and…
Semiconductor supply chain issues caused major headaches for auto lenders throughout 2021 and vehicle production continues to suffer into 2022. In this blog post, we’ll take a deep dive into…
CUNAsupportsthe high-level goals of NCUA’s strategic plan and provided suggestions on achieving them in comments submitted Monday to the agency. NCUA’s draft strategic plan covers goals and objectives for the…
NAFCU Vice President of Regulatory Affairs Ann Kossachev last Fridaywrote to the NCUAregarding its draft 2022-2026 strategic plan, which was approved by the NCUA Board in November of last year.…
Taking out any student loan is a big financial decision. If you’ve exhausted the amount of federal student loans you’re eligible for, you may be considering additional, private loans to…
“Every day more of our life is used up and less and less of it is left.” Those are the words of Roman emperor and philosopher Marcus Aurelius. So why…
Our most recent edition ofFirst Line of Defense, offered by CUES in partnership with TRC Interactive, Inc., brings updates on weather/climate disaster fraud and a reminder that everyone–regardless of age–can…
Ah the limitless power of networking. We all want to access it more effectively, but the goal can be daunting. Luckily, we got to sit down and chat with an…
As fraudsters continue to evolve and adapt to changing consumer behavior, having a multi-layered strategy is more important than ever. It’s not just aboutreducingthe number of incidents, becausefraud prevention hasalsobecome…
We’re definitely cruising through January, with only one week left of the first month of 2022. It’s been a busy month, both personally and professionally.On a personal note, my husband…
CUNA Chief Products and Services Officer Todd Spiczenski provided the latest safety information for the 2022CUNA Governmental Affairs Conference(GAC) in an interview withCUBroadcast.CUNA GAC will take place Feb. 27 to…
The Federal Reserve Thursdayreleased a public discussion paperexamining the pros and cons of a potential U.S. central bank digital currency (CBDC). Of note, the paper invitescomment from the public on…
A new year doesn’t just mean new calendars in the branch lobbies. It’s also a chance for credit union leadership to discover new opportunities and find ways to improve. “It’s…
The Consumer Financial Protection Bureau (CFPB) completed afinal rule(rule) that will help the financial services industry transition from the London Interbank Offered Rate (LIBOR) for consumer credit products. The rule…
Should you be concerned about your debts in your retirement? The short answer is yes. If possible, it's best to avoid carrying debt in retirement. Studies have linked credit card…
People used to lean on one another or maybe a dictionary for anything they didn’t know. Now, of course, it’s all Google all the time. “What to watch”, “What is…
In general, being a leader takes great responsibility. Sometimes, responsibility can bring many challenges along with it. Complicated situations can arise when leading others, and it can become overwhelming to…
As practically everyone knows, Valentine’s Day is coming up. Practically everyone also knows the traditional way couples celebrate Valentine’s Day—a card and some candy with a rose, followed by a…
Rep. John Katko (R-N.Y.) announced this week he will not seek re-election to Congress in 2022. First elected in 2014, he has been a strong credit union champion throughout his…
The nomination of current NCUA Board Chairman Todd Harper to serve a full term on the NCUA Board was advanced to the full Senate by the SenateBanking Committee in a…
People love connections. This is partly due to our basic emotional need for belonging and identity. But how can a community stay connected in light of the pandemic? This is…