Syndicated

CUNA and Leagues called on the NCUA board to adopt an interim final rule to provide Prompt Corrective Action (PCA) relief. The 2020 interim final rule (IFR) on PCA expired…

In the coming weeks, NAFCU is offering several webinars on key industry issues ranging from using secondary capital to drive growth and what credit union professionals need to know when…

If you’re working hard to better your credit health, like paying down credit card balances or loans, you may be wondering when these positive actions will show up on your…

Leaders are put in place to guide their organizations to success. The traits and skills you use to inspire and motivate your team are the biggest contributors to achieving that…

Is your website environmentally sustainable? Are there gender or racial biases in your AI algorithm that impact your relationship with potential loan applicants or prospective employees? Do you involve all…

The American Rescue Plan Act of 2021 provided for an additional round of economic impact payments, and the Department of the Treasury has been sending these payments for a little…

Reps. Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velázquez (D-NY) and Warren Davidson (R-OH) reintroduced the CUNA-backed Secure and Fair Enforcement (SAFE) Banking Act today, which would provide protections for…

The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. The committee noted it will run the economy…

When you think of brands, the names that come to mind are iconic and clear. Apple and Google conjure impressions of cutting-edge tech and coolness. Coca-Cola thrives on building a…

Improving people’s financial well-being takes creativity, commitment and a culture of service. These are the stories of credit unions andhowthey are putting people’s financial well-being at the center of their…

It is a well-known fact that it is more cost effective to market to your existing account holders than to go after new ones. In fact, according to OutboundEngine, “The…

It’s human nature to name things to make them easier to understand. We name things in order to identify what they are, organize them into some sort of system, and…

Just as interchange income was devastated in the months after the pandemic hit, overdraft fees earned by banks and credit unions also dropped precipitously. One reason was that the massive…

Our Consumer Pulse revealed more than one-third of the country continues to be impacted financially by the pandemic. As financial hardship spread, people initially turned to savings, but some Americans…

CUNA Senior Economist Jordan van Rijn said he expects a “fairly strong” economic rebound in CUNA’s latest Economic Update video, sponsored by CO-OP Financial Services. “There is a lot of…

As a banking trade group recently made yet another attempt to stifle credit unions' ability to serve their 124 million members and reach underserved communities by sending a message to…

In 2007, on the cusp of the great recession, I became the executive director of one of the largest government agencies in Utah. Little did I know the critical lessons…

Ensuring successful participant outcomes begins with a retirement plan designed to maximize positive participant behaviors. Plan design features, including automatic features, can drive successful outcomes for participants and sponsors alike.Automatic…

The Microsoft Exchange Server hack is pervasive, and the critical vulnerabilities have the potential to be exceptionally impactful on organizations ranging from small to global enterprises. While many companies assume…

Managing risk in an increasingly regulated environment creates new challenges for financial institutions, particularly in the regulatory landscape surrounding cancelled ancillary products. Financial institutions are navigating legal challenges and enhanced…

Credit union branding is perhaps one of the most defining issues of our time. Here’s why: ✓ The success of fintech lending and mobile payments has led to new opportunities…

It’s been a year since the COVID-19 pandemic totally disrupted our reality. In a remarkable display of resilience in the face of major change, we adjusted to working from home…

It was not long ago credit unions were new to the world of data analytics. Fast forward to today, and credit unions have understood the value of their member data…

The National Credit Union Foundation launched the first-ever national Biz Kid$ Showcase, this week. In partnership with the Southeastern Credit Union Foundation, CrossState Credit Union Foundation, the RMJ Foundation, the…