Syndicated

Recent years have seen much discussion regarding millennials’ entry into the workforce, spending and financial maturation. But as the oldest millennials approach 40, Gen Z banking is zooming into focus…

Our credit union family around the country is facing natural disasters from the wildfires in California to tropical storms and hurricanes in the south. At the Foundation, we are positioned…

More than 500 credit unions are now using Credit Union Compliance Management System™ (CU CMS) after just six months of national availability. The solution has been adopted by credit unions…

The CFPB released additionaldata from itsMaking Ends Meet Survey– conducted in May 2019 – related to consumers' saving habits. The new data from the survey indicates that many consumers are…

Typically, trends emerge over time. There is an opportunity to observe changes and determine whether, and how, to adapt. But this year, change has been abrupt and fast—leaving little time…

While no one can predict the future, boards and credit union management teams can take steps to identify and manage risks that will give the credit union better odds at…

As our nation continues to grapple with the impact of the coronavirus pandemic, many business leaders are assembling teams and task forces to determine the best way to safely return…

We hear it all the time: Don't jump to conclusions. Get all the facts before making your decision. But that is easier said than done. We each have personal biases…

As of June 30, 2020, credit unions held $533.8 billion in investments — that’s up 19.2%, or $85.7 billion, from one quarter and is the largest quarterly dollar increase on…

Don’t fret. There’s hope. Many parents have figured out ways to support and encourage smart financial habits in their adult children living at home without neglecting (or draining) their retirement…

Changes to regulations and the creation of new lending programs have and will continue to help individuals affected by the pandemic, CUNA wrote Thursday to the Senate Banking Committee. The…

The U.S. Mint has announced that October will be #GetCoinMoving month – a month-long campaign created to encourage consumers to redeem their spare coins. New tailored resources and recommendations issued…

When 2020 forced us to react to a pandemic, none of us knew how our lives would change and what our new normal would look like. The generally accepted expectation…

Last October, the NCUA rolled out policy changes that increased bond oversight responsibilities of a credit union’s board of directors. To keep your credit union informed and compliant, we’ve put…

“How are you?” Has this once generic greeting been a conversation game-changer since the onset of COVID-19? The once-rhetorical and sometimes disingenuous greeting, “How are you?” as well as “How…

Strategic planning ideas are a second thought for many this year. For example, a financial institution executive was recently discussing with me the severe impacts from the pandemic: earnings are…

I gave you a brand new Ford, you said 'I want a Cadillac.' I bought you a ten dollar dinner, you said 'Thanks for the snack.' I let you live…

Development of the FedNow real-time payments network is necessary, CUNA wrote to the Federal Reserve Wednesday. The Fed announced details of the 24x7x365 interbank settlement service last month. “CUNA supports…

Existing-home sales continued to rise in August, reaching a seasonally-adjusted rate of six million units and marking its highest level on record since December 2006. This represents a 10.5 percent…

2011. It was the year when baby boomers began to retire, initiating a tidal wave of activity destined to crest in the year 2030. That is when all boomers will…

As a former church missionary in Africa, NCUA Chairman Rodney Hood imagined his life’s path would follow the ministry. While his professional course veered from the church, he eventually found…

When governments ordered businesses to shut their doors in March, the stock market fell off a cliff. Private investors withdrew their capital from volatile assets and decided to sit on…

The coronavirus pandemic has impacted every aspect of financial services, moving transactions to digital platforms, and forcing organizations to rethink back-office processes that have been in place for decades. While…

Questions and answers. They are a key part to developing any strategy. Ask the wrong strategic questions and it doesn’t matter what your answer is. Answer the right questions the…