The CFPB has withdrawn its proposed rule to delay two Fair Debt Collection Practices Act (FDCPA) rules pertaining to third-party debt collection and consumer disclosures that werefinalized last year. Inearly…
For the foreseeable future, credit unions and their members will be navigating the twisty road of COVID-19 recovery. Hybrid banking models seem to be the most workable strategy for the…
Credit unions looking to expand often look at mergers as the best, most expedient way to do so. Especially if they want to expand into a new geographic market, finding…
Establish TLC Credit Union, now a part of Fibre Federal Credit Union, as a market leader in the Oregon Coast area by creating a branch presence that truly resonates with…
What does the fate of bananas have to do with credit unions? In 2016 BBC news reported on the potential death of the world’s favorite fruit: For decades the most-exported…
Every financial institution has unique insurance needs. It is important to take a holistic approach when exploring risk mitigation options. The key questions to ask yourself when deciding on how…
The National Credit Union Administration (NCUA) last week announced it would open a streamlined CDFI Application Qualifying Round beginning on September 12 and running just over a month through October…
All four federal regulatory agencies, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation, have once again…
Two recently launched programs by the Small Business Administration (SBA) should ease the Paycheck Protection Program (PPP) forgiveness process,CUNA wroteto the House Small Business Committee Wednesday. Credit unions facilitated more…
The federal financial regulators, including the NCUA,this weekissued interagency guidance related to supervisory practices for financial institutions that have been impacted byHurricane Idaorthe California wildfires. Through the statement, the agencies…
It wasn’t long ago that people would join the credit union closest to home because they wanted to keep their money local. While that sentiment hasn’t changed much, everything else…
“Basel III is not a burden” is what Carolyn Rogers, Secretary General of the Basel Committee on Banking Supervision, said in the ECB Supervision Newsletter recently. When I read this…
The Challenge Make an impact in a new market with a branch that enhances the wellbeing of HAPO Community Credit Union’s staff and members by designing and building with wellness…
As employees embrace a new, flexible way of working, cyber security concerns continue to rise across the globe. Since the start of COVID-19, the FBI reported a300% increase in cyber…
Happy Wednesday, and first day of September!If you’re like me, September means changes are coming – from my wardrobe (goodbye swimsuit, hello sweaters!) to my meal prep (all the soup!),…
With many stores already stocking their fall décor and winter holidays not far behind, it is – once again – time to gear up for the holiday shopping season. While…
Since the onset of the digital revolution in the 1990s, FinTech has played an increasingly vital role in streamlining operations for financial institutions. From online bill pay to mobile banking…
NCUA, along with the Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, andstate regulators recognize the serious impact of California wildfires on…
Last Friday the Federal Reserve Bank of Kansas City held the 2021 Economic Policy Symposium“Macroeconomic Policy in an Uneven Economy”. The virtual event was focused on current economic challenges in…
Customer service has become a focal point for all industries. Anindustry-agnostic studyrecently found that 86% of buyers are willing to spend more for a great customer experience. This means that…
What is a SEG? Though commonly referred to asSelect Employee Groups or SEGs, these groups can share any common bond of association or occupation, not just a single employer. Common…
Let’s just get it out there: Not all credit unions are created equal. BUT every one of them (from the smallest to the largest) has the potential to be fully…
For consumers, payments can be as easy as the dip of a credit card or the touch of a “Pay Now” button. The ease of these transactions belies the complex…
Britney Spears and her #FreeBritney followers celebrated a huge victory last month in her long battle for financial independence. FromNPR: “After 13 years of controlling Britney Spears' finances, Jamie Spears…