Syndicated

To become a leading financial institution in your area, you have to stay five steps ahead of the competition. But how? The fact of the matter is that a flooded…

The way Americans work and what employees value in a benefits package has been rapidly evolving for the past decade. In the wake of last year’s COVID-19-related shutdowns and subsequent…

The emergence of the coronavirus pandemic has tested our leadership abilities. As leaders, we often find ourselves taking on a new job responsibilities during times of crisis. Wise leaders look…

Despite the turbulence of the last year due to the COVID-19 outbreak, the consumer credit market is poised to make a strong recovery. As detailed in the just-released Q1 2021…

There have been substantial developments in cryptocurrencies lately, but what does it all mean for your credit union? We’re talking with Larry Pruss, Senior Vice President at SRM, on recent…

It feels like everywhere you look these days, you see companies of all types leveraging advances in machine learning, natural language processing, and other forms of artificial intelligence. Through this…

CUNA joined several organizations Wednesday to encourage Congress to carefully assess the costs and benefits of imposing a new level of data collection to the tax reporting structure. President Joe…

The Federal Reserve last week issued a proposed ruleto govern funds transfers over its FedNow Service that would establish a new, comprehensive set of rules and set out legal rights…

A couple of weeks ago, I had professional business photos taken at my home. I always dread photos because I am not a natural smiler. Even when I was a…

I am a reformed banker and was doing commercial lending for a community bank in southeast Wisconsin. An old middle school friend was the financial analyst at Guardian Credit Union…

You could say uncertainty is the only certainty in the financial services industry. In addition to the challenges of a global pandemic, credit unions are navigating constant change – whether…

In late May, the National Credit Union Administration board approved a final ruling on derivatives use that aims to offer some federal credit unions more flexibility to manage interest rate…

I talk to credit union CEOs almost every day. As we approach the other side of this pandemic many have accelerated their move to digital, understanding that their members’ priorities…

Recently we blogged about various compliance considerations for credit unions dealing with ransomware. That blog published mere days after a major oil pipeline serving the Eastern United States was crippled…

Remember the good old days of the 1990s? Back in the day, you could drive your Saab 900 to Bed Bath and Beyond to get some towel racks on your…

The Consumer Financial Protection Bureau (CFPB) recently issued sets of frequently asked questions on Electronic Fund Transfer Act and Regulation E requirements, as well as servicing escrow accounts under Regulation…

NAFCU’s Brad Thaler Monday wrote to House Speaker Nancy Pelosi, D-Calif., and House Minority Leader Kevin McCarthy, R-Calif., along with all House members, to call for support of a resolution…

In April, Earth Day turned 51—a bleak and sombre milestone, more than a celebratory one. The decade 2011-2020 was thewarmest onrecord. Global temperatures have risen 1.2 C, due to carbon…

The impact of the pandemic on the banking industry was immediate. The shift to digital transactions not only changed the industry, but every industry globally, as consumers accepted the need…

Numbers don’t lie, and that’s the truth. According to Gaurav Bhatia, CMO at PenFed CU, knowing your numbers is the key to working smarter, not harder when it comes to…

Now that U.S. consumers are coming out of their COVID-19 cocoons and the new term “revenge spending” is in motion, financial institutions may be wondering what categories they should focus…

Take a look at the loan portfolio ofAmerican 1 Credit Union($552.1M, Jackson, MI), and it’s clear the cooperative is laser-focused on consumer loans. In the first quarter of 2021, the…

Indirect lending is a large part of many financial institutions' auto lending strategies. In fact, in 2020, credit unions held $378.2 billion in auto loan balances, or roughly 31.5% of…

The Federal Communications Commission (FCC) should maintain a standardized requirement for voice service providers to provide notifications of blocked calls, CUNA and other organizations said in comments filed with the…