Amid concerns about the financial impact of the coronavirus outbreak, the CFPB published a blog post Monday detailing how consumers can best protect themselves. The bureau addresses steps consumers may…
I am no expert on the COVID-19 virus. While fearful of near-term consequences to family, friends and community, I am highly optimistic about the future. The pathway through this pandemic…
It’s a simple metaphor. Really. Credit union board service is a highway journey for which we must have an onramp and an offramp. But here’s the deal – too many…
As we continue to deal with the impacts of the coronavirus (COVID-19) in the U.S., credit unions are in a unique position to provide their members with much-needed relief during…
Yesterday, we blogged about the recent NCUA guidance detailing their response to the ongoing pandemic. In the guidance, NCUA “encourages credit unions to work with affected borrowers” and offers numerous…
COVID-19 is having immeasurable effects on all facets of normal life. One of which is the fairly uniform closure of schools and universities for the next several weeks. With working…
In the past weeks, COVID-19 (“Coronavirus”) has affected nearly every aspect of day-to-day life. To combat the pandemic, businesses have already taken many steps. Most have needed to work toward…
Sen. Sherrod Brown (D-Ohio), ranking member of the Senate Banking Committee and Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, have echoed CUNA’s call for a pause…
NAFCU President and CEO Dan Berger spoke with NCUA Chairman Rodney Hood and officials at the CFPB this week to further outline the association's requests for relief to help credit…
The financial services industry continues to evolve at a rapid pace. The advancement of technology and channels, an influx of new competition and an active mergers and acquisitions landscape—not to…
Credit union leagues throughout the country are helping their member credit unions find collaborative solutions to the COVID-19 threat. Tom Kane, president/CEO of the Illinois Credit Union League, says he…
The annual American Financial Services Association (AFSA) Vehicle Finance Conference and Expo took place in February in Las Vegas. The event hosted more than 250 members of the auto finance…
The coronavirus — not to make light of perhaps the most widespread, devastating disease to sweep the planet since the Spanish Flu of 1918 — has finally gotten me to…
Amid the coronavirus pandemic, credit unions are grappling with business continuity planning as they turn to remote work. Many CUs are taking steps to protect staff and members by instructing…
The COVID-19 coronavirus pandemic is creating an increasing number of telecommuters, most having never worked from home for any extended period of time. The adjustment to a new working routine…
The novel coronavirus (COVID-19) is escalating pretty quickly, both nationally and abroad. Between Ongoing Operations and CU 2.0, we’re seeing the challenges that credit unions are facing—and we’re getting ideas…
The Financial Accounting Standards Board (FASB) should delay implementation of the current expected credit loss (CECL) standard to at least January 2024, CUNA wrote to FASB Wednesday, as credit unions…
As the Senate works on coronavirus emergency funding packages, NAFCU joined with other financial trade groups Tuesday to keep lawmakers informed of how credit unions and other financial institutions are…
The coronavirus outbreak, while first and foremost a humanitarian crisis, will have a substantial financial impact on credit unions and their members. While the extent of that impact isn’t clear,…
Part of ensuring that all segments of our communities have the information and resources they need is to provide equity in communications. With the significant help of Victor Corro fromCoopera,…
There isn’t a single aspect of life, work or play that hasn’t been impacted by the coronavirus pandemic. And, many believe, we are only at the beginning. The upside –…
The National Credit Union Administration will not conduct onsite exams as the industry grapples with the fallout from the coronavirus pandemic. The regulator said Monday in a letter to credit…
America Saves Week is a weeklong event that occurs annually in February and a national call to action encouraging Americans to review their financial habits and make a commitment to…
You may be surprised by the answer. As a marketing professional, I tend to notice advertisements and digital marketing more than the average person. Working for a company focused on…