4 steps to kickstart a financial plan in 2022
The start of a new year marks a strategic time to review a financial plan and develop goals to work toward over the next 12 months and beyond. This “fresh…
The start of a new year marks a strategic time to review a financial plan and develop goals to work toward over the next 12 months and beyond. This “fresh…
The Credit Union National Association and state credit union leagues are calling on the National Credit Union Administration to establish a Regulatory Reform Task Force to weed out outdated, unnecessary,…
As much as traditional financial institutions have been changing their methods and adapting to new developments, there’s a good deal that they still need to do, and some unmet challenges…
We couldn’t be more thrilled about what episode 88 entails! This month, a new podcast series calledCU Change Makersmakes its debut, sponsored byCRMNEXT’sBanking on Experience. And co-hosting this exciting new…
The House and Senate are back in session this week and will consider various legislation. The Senate Banking, Housing, and Urban Affairs Committee will conduct a nominationhearingon Sandra Thompson to…
The Treasury DepartmentannouncedFriday that it will allocate more than $1.1 billion in Emergency Rental Assistance (ERA) funds to states and cities that spent the first round of aid quickly due…
While cryptocurrency has existed for more than a decade, there’s still room for credit unions to be involved in these digital assets, which now exceed $2 trillion in value, says…
With the hybrid workforce growing exponentially over the past twenty-four months, organizations have seen a drastic rise in ransomware attacks.Malicious emails are up 600% since March 2020,the average cost to…
Let’s be real here… Burnout is a problem no matter your seniority! But there’s a reason why I’m focusing on early career professionals in this post… They haven’t had the…
Though2021 endedon a note ofuncertainty asCOVID concerns continued todisrupt consumers’travel, shopping,and return to work plans,there is hopethe current surge willbegin towaneover the comingmonths, opening the door to anewnormalcyin the second…
A Consumer Financial Protection Bureau rule to require financial institutions to report data on their lending to minority-owned and women-owned businesses should include as many banks and credit unions as…
Every so often, we get questions about various training requirements found in the rules and regulations affecting credit unions.We have written about this topic in thepast(member only), but a new…
Additional relief is needed for credit unions facing Prompt Corrective Action (PCA) challenges, CUNA, the American Association of Credit Union Leagues, and all Leagueswroteto NCUA leadership Thursday. The current interim…
Followinga year of unwavering advocacyand fighting for the success of the credit union industry, NAFCU haslaunched its 2022 legislative and regulatory prioritieswhich aimto achieve an operating environment where credit unions…
Most white Americans have never joined a meeting to find they are the only person of their race in attendance, so it can be hard for them to understand why…
On December 16, 2021, the National Credit Union Administration (NCUA) issuedLetter to Credit Unions 21-CU-16(letter) to provide guidance regarding the authority of federal credit unions to connect digital asset service…
What if I told you that what you think you know about insurance, and why members don’t buy it from your credit union, is wrong? At Franklin Madison, we’ve noticed…
When Maurice Smith started worrying credit unions could “lose their relevance” in the minds of their members and communities, he decided to do something about it. Serving as CEO for…
Happy New Year! January marks a time for new beginnings; and for the first blog post of 2022,let’s review the tools that we, as leaders, can use to stay prepared…
It’s critically important that credit unions show their work by showing up, CUNA Chief Advocacy Officer Ryan DonovanwroteinCUInsight. As the 2022 CUNA Governmental Affairs Conference (GAC) approaches, Donovan said CUNA…
The Federal Housing Finance Agency (FHFA) Wednesdayannounceda targeted increase to the government-sponsored enterprises' (GSEs) – Fannie Mae and Freddie Mac – upfront fees for certain high balance and second home…
Your reputation as a reliable steward of your members’ personal financial information today doesn’t rely solely on your internal data security program—your reputation also relies on any third parties you…
U.S. Bankon Thursday (Jan. 6)announcedit is bringing the power of real-time payments to the U.S. Bank consumer bill pay experience after the successful completion of a test using the Request…
The banking environment today is far from normal. And it likely will never be “normal” again. Being able to adapt is a critical marketing skill as institutions ride the Covid…