Syndicated

The successful dark side ransomware attack in which hackers were able to disrupt a major pipeline providing gas to states throughout the east coast has once again brought the issue…

The coronavirus pandemic is not over, but it has abated enough to give busy credit union executives a chance to reflect on takeaways from the experience — including on how…

Remarkable Credit Union · Medical Debt: The #1 Reason Your Members Go Bankrupt and How Credit Unions Can Help Should credit unions care about medical debt? Can they help alleviate…

The Open Your Eyes to a Credit Union® campaign has reached billions of consumers who are “in-market” for a financial service, Credit Union Awareness Executive Director Chris Lorence wrote recently…

The House Thursday passed legislation making a series of reforms to debt collection requirements. While NAFCU supports efforts to stop abusive debt collection practices, the association had raised concerns about…

If someone asked me to define the credit union “brand,” I would say that credit unions are not-for-profit financial institutions focused on improving the financial lives of their communities. I…

Because most banks and credit unions are still running on legacy technology, they are more than a little reluctant to give maintenance capabilities to all employees. Why? Because when they…

In March 2021, plaintiffs’ attorneys filed a class action lawsuit against Bank of America asserting that certain fees assessed for making automated clearinghouse (ACH) transfers were improper and should be…

Trust. Control. Identity. Managing for these quintessentially human attributes in the digital domain is a moving target, and it's what today's consumers expect from the relevant players. The May 2021…

When looking for an outside payment provider, it makes sense to look inside your organization…at your core system. Without knowing what type of integration your core system has with a…

We've been working in a strange environment the past year. For many of us, we've moved our offices fully remote and are just now starting to plan what a return…

NCUA should finalize pending rulemakings aimed at providing credit unions regulatory relief as soon as possible, CUNA President/CEO Jim Nussle wrote members of the NCUA board Thursday. Nussle also thanked…

A new report from the Federal Reserve Bank of New York found that credit card balances saw the second largest quarterly decline in history, falling $49 billion during the first…

All signs show that the U.S. economy is emerging from the never-before-seen domestic and global economic shutdown caused by the COVID-19 pandemic. Signs of Recovery The U.S. gross domestic product…

Small businesses are often characterized as too small and too simple to want, need or understand the potential benefits of Treasury Management™ products applied to their business. However, the pandemic…

We’re discussing the various impacts of CECL on loan pool purchases and how those loans fit into a CECL model. We’ll explore how your credit union can determine credit deterioration…

Your content marketing efforts can either accelerate your growth, or they can be part of what causing consumers’ collective eyes to glaze over when they come across your credit union’s…

The National Credit Union Foundation is now seeking nominations for the 2022WegnerAwards, looking to the credit union movement to nominate individuals and organizations for the33rdannualHerb Wegner Memorial Awards to be…

The Senate Tuesday approved a resolution to overturn the Office of the Comptroller of the Currency's true lender rule using the Congressional Review Act (CRA). The resolution now heads to…

One of the challenges I faced when I was first promoted to a management role was managing a co-worker who, up until my promotion, was a peer. Although she was…

First Financial of Maryland Federal Credit Union($1.2B, Sparks, MD) has been developing young people and the schools they attend for nearly 20 years. Cindy Jones has been an integral part…

Take your credit union hat off and let’s walk in the consumer’s shoes for just a moment. When you think of financing a home, what is the first thing that…

Recently, I had the privilege of attending the March 2021 CUDE program (#BestClassEver). Although I was very excited to attend, there was a part of me that wondered what I…

Hawala is a globe-spanning informal funds transfer (ITF) system that has been used since the eighth century to transfer funds anywhere in the world at the speed of information. It…