Syndicated

The Justice Department has filed its first case against two individuals following the start of its inquiry into the Small Business Administration's (SBA) paycheck protection program (PPP). Investigations into whether…

It’s hard to believe that at the end of 2019, “Pandemic Plan” was just a chapter heading in many credit unions’ disaster recovery and business continuity plans. Then in January,…

In the past decade, the digital transformation has reshaped how credit unions are expected to interact and communicate with their borrowers. This is due in large part to advances in…

As a long-time professional contract negotiator, I often run into the same thought patterns with decision-makers: We’re just a small financial institution … We aren’t the top priority for our…

“It was the best of the times, it was the worst of times,” wrote Charles Dickens in one of the more famous openings to a novel in history. It was…

In the space of a few weeks the world was turned upside down for most people as a result of the coronavirus pandemic. Even as the U.S. tentatively begins to…

Ever since the CARES Act passed and credit unions learned their members would be receiving economic impact payments (EIPs), the NAFCU Compliance Team has been getting questions about handling these…

CUNA President/CEO Jim Nussle discussed how credit unions are serving members during the pandemic, and what the Federal Housing Finance Agency (FHFA) could do to help, Tuesday with FHFA Director…

The Senate Banking Committee is holding a hearing next week with NCUA Chairman Rodney Hood slated to testify. The hearing will focus on regulators' efforts to provide financial institutions with…

Regulators consider an effective loan review system vital to financial institutions’ efforts to meet safety and soundness standards. In fact, banking regulators are in the process of issuing updated guidance…

Credit Union Magazine seeks nominations for the eighth annual Credit Union Rock Stars program, sponsored by Fiserv. Credit Union Rock Stars are professionals and volunteers in credit union organizations who…

Federal efforts to provide stimulus checks to Americans hit by the coronavirus' economic fallout have revived calls for better government-backed financial delivery systems. Millions of households haven't received their $1,200…

As a company that provides SOC services to companies, monitoring security alerts 24x7, we perform journey mapping during our service turn-up. Many clients ask us why? Well, there are some…

It is a sad, but real fact that charity fraud scams spike in the wake of a major event or catastrophe, such as the current pandemic. Educating your consumers about…

Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,”…

America’s credit unions are seeing the economic impact of the coronavirus disease (COVID-19) firsthand, CUNA Chief Advocacy Officer Ryan Donovan wrote to al 535 Congressional offices Tuesday. With the Senate…

Total vehicle sales continued to plummet in April, falling to 8.6 million annualized units. Monthly sales levels were down 47.8 percent versus April 2019 and hit the lowest number on…

As the smaller, not-for-profit siblings of financial industry giants, it’s no surprise that winning the hiring competition can feel daunting. Credit unions have fewer resources than many other institutions, and…

In response to the unprecedented COVID-19 pandemic and subsequent CARES Act, the rate of adoption and utilization of digital lending technology on behalf of borrowers and lenders has increased dramatically.…

There are many reasons why fintechs startups don’t “make it.” One common reason is that they lack the money or aren’t making profit. Another is that they don’t understand their…

Each of us knows at least one “credit union hero” – someone in the credit union industry that has exemplified the spirit of “people helping people” over the last few…

Research first established the reality of the fear of success, of reaching one's goals, a couple of decades ago. The findings, at the time, related to fear of success in…

“The best defense is a good offense” is a quote variously attributed to a legendary football coach, military theorist, or boxer, but it’s also now Kevin Ryan’s strategy for member…

CUNA Chief Advocacy Officer Ryan Donovan highlighted NCUA Chairman Rodney Hood’s engagement on several CUNA prioritiesin letters to the Financial Accounting Standards Board (FASB) and Sen. Mike Crapo (R-Idaho), chairman…