Syndicated

I get more than a few strange looks from my former banking colleagues when they find out I now help financial institutions get into cannabis banking. Many still view it…

A few weeks ago, I blogged about NCUA’s strategy to examine credit unions for fair lending issues, and the agency’s focus on pandemic-related loan accommodations. However, the rise in fair…

The Federal Housing Finance Agency (FHFA) announced extensions of several measures to align COVID-19 mortgage relief policies across the federal government. Fannie Mae and Freddie Mac are extending the moratoriums…

Ahead of today's expected House consideration of the American Rescue Plan Act, a $1.9 trillion coronavirus relief package, NAFCU Vice President of Legislative Affairs Brad Thaler outlined some key provisions…

There have been many conversations about the fundamental changes resulting from the pandemic, but not nearly enough of them have focused on the long-term vision of how to build loyalty…

In 2010 NCUA’s regulatory activity reigned unchecked. Even though the economy was on the mend its penchant for shutting down credit unions was unabated. It would ultimately lead to the…

One is the loneliest number. That’s why sometimes criminals team up and break the law with a partner. There are several famous criminal duos throughout U.S. history, like Butch Cassidy…

Communication is complicated, these days. Between tweeting, texting, Zoom calls, and social media chatter, we have more options than ever for communicating with friends, businesses, and our financial institutions. With…

Do you know the why behind everything you do? We eat because we are hungry. We read for entertainment or to learn something. Those are easy enough reasons to identify.…

Additional Paycheck Protection Program (PPP) funding will likely be needed in 2021, CUNA wrote to the Senate Small Business Committee prior to its hearing on the nomination of Isabella Casillas…

As the House prepares to advance the next round of coronavirus relief, NAFCU joined with several other financial institution and consumer groups to ask Congress to include language to protect…

The National Credit Union Administration Board approved a proposed rule in November 2020 that, if finalized as proposed, would give federally insured credit unions a new loan workout option to…

In 2019, working from home was the second most sought-after perk behind paid time off, with 30% of prospective employees wanting this option. And it was a smart move for…

We continue to track the increase in fraud through our Financial Hardship Studies. As of our latest report, 35% of consumers said they were either the targets or victims of…

As your business grows, so does the number of documents you handle on a daily basis. Before you know it, your files have sprawled and become something that needed active…

When you think of Silicon Valley, credit unions aren’t normally the first thing that comes to mind. I think even the most ardent credit union advocate would recognize there is…

CEFCU($7.1B, Peoria, IL) found the right person to meld the qualitative and quantitative aspects of running a credit union. Jennifer Flexer has been on the leading edge of internet technologies…

The advocacy challenge ahead is maintaining progress and taking advantage of opportunities in a different political environment, wrote CUNA Chief Advocacy Officer Ryan Donovan in Credit Union Times this week,…

According to the Small Business Administration's most recent paycheck protection program (PPP) data, roughly 300,000 loans were made during the week ending Feb. 21. There have been 1.9 million loans…

Necessity is the mother of invention, and 2020 only reinforced the proverb. While banking trends mostly followed predictions, the pandemic drove them at an accelerated rate that has created a…

World Council recently issued its 2021 Global Regulatory Update. It is designed to look ahead or prognosticate on what the main regulatory issues will be for credit unions. This year…

Of all the credit unions on a digital transformation journey, the ones led by a team that is excited about the possibilities of analytics have a huge leg up. You…

At its February meeting last week, the National Credit Union Administration (NCUA) Board approved a final rule that provides federally insured credit unions (FICUs) with more flexibility in determining when…

Not to be rude and bring up 2020, but before we can put the year fully behind us and move on for good, you’ve got one last task to tackle—filing…