Digitally planning for the PPP process
On June 5, 2020, in a rare display of bipartisanship, updates to the Paycheck Protection Program (PPP) were signed into law. Under the CARES Act, the Small Business Association (SBA)…
On June 5, 2020, in a rare display of bipartisanship, updates to the Paycheck Protection Program (PPP) were signed into law. Under the CARES Act, the Small Business Association (SBA)…
The ongoing COVID-19 crisis is placing enormous pressure on credit union operations. Members are facing historic job losses and economic hardship, just as the low interest rate environment is stressing…
In a letter to the Federal Communications Commission (FCC), CUNA and other organizations expressed concerns that legitimate calls are continuing to be blocked by voice service providers (VSP) under the…
The U.S. economy added 4.8 million jobs in June, with the unemployment rate declining 2.2 percentage points to 11.1 percent. NAFCU Chief Economist and Vice President of Research Curt Long…
The COVID-19 pandemic is roiling credit union members’ finances in unprecedented fashion, and forward-leaning cooperatives are slicing and dicing data as quickly and deeply as they ever have to find…
Since the beginning of time, older generations have been claiming that “kids these days” are somehow in worse shape than their elders ever were — don’t let your credit union…
As the industry and consumers are adjusting to a new normal after the global spread of COVID-19, fraudsters are changing their schemes to prey on the heightened anxieties that people…
Consumers can push for racial justice – and it’s as simple as opening an account at a community bank or credit union that supports under-served communities. Netflix announced recently that…
As our businesses seek a way forward through the challenges brought on by the coronavirus pandemic, there is a common theme in advice from leadership experts: Prioritize people. This philosophy…
CUNA supports that would make modernizations to the Electronic Signatures in Global and National Commerce Act’s provisions regarding requirements to consent to electronic disclosures. The E-Sign Modernization Act of 2020…
Federal financial regulators, including the NCUA, issued aninteragency statementWednesday to highlight risks resulting from the transition away from the London Inter-bank Offered Rate (LIBOR) for consumers and regulated entities. LIBOR…
A great feature about “employee universities” is that credit unions don’t all have to follow the same blueprint, says Holly Baumel, director of staff development at $620 million Blackhawk Community…
States and businesses continue searching for safe ways to reopen while the Covid-19 virus spreads across the country. It’s a stressful endeavor, and one that must be done strategically. If…
There is no doubt that the coronavirus has disrupted nearly every aspect of our daily lives and ushered us into a “new normal” that is still rapidly evolving. As we…
Kristy Hesse is the chief human resources officer of Community First Credit Union($3.6B, Appleton, WI), a position she has held since March 2019. Here, she answers Callahan’s leadership questions about…
Lifting the credit union member business lending (MBL) cap would help small businesses and low-income families disproportionately impacted by the lockdowns, Young Voices’ John Kristof wrote this week on the…
The NCUA in June issued one prohibition order, prohibiting an individual previously associated with a credit union from any future participation in the affairs of a federally-insured financial institution. Violation…
It may be a cliché, but that doesn’t make it any less true: It is lonely at the top. A sense of isolation isn’t just an issue for newly ascendant…
Amid the COVID-19 crisis, credit unions should continue to incorporate emerging technologies into their business. Ongoing improvements of digital capabilities can empower credit unions to transform their member experience today…
Everything is different today in financial services. That means your credit union. For the past decade, many credit union executives smiling agreed that they needed to make changes to keep…
Over the past several months, more and more consumers have turned to mobile payments. Whether to send money to a family member out of work or to pay for groceries…
President and CEO of Allied Solutions Pete Hilger Thursday dove into the lending landscape before, during and after the pandemic and provided insights into how credit unions can adapt. Hilger…
Forbes recently released their 2020 Best-In-State Credit Union list. DCUC is proud to share that of the 188 credit unions recognized for their superior service, 31 are defense credit unions…
Lately, the majority of your focus has probably been on your daily operations, but with 2020-2021 CUNA Environmental Scan (E-Scan), available July 1, you can lean on credible insights from…