Syndicated

CUNA has received several nominations for its board elections. The deadline for nominations and seconds is Nov.6. In contested elections, voting will begin Nov. 12 and close Dec. 18. Nomination…

The Federal Open Market Committee (FOMC), as expected, cut interest rates by 25 basis points Wednesday at the conclusion of its two-day monetary-policy setting meeting. The federal funds target rate…

The chairman of the Senate Armed Services Committee has introduced a “skinny” version of the annual defense authorization bill; that measure does not include a contentious plan to provide banks…

While every credit union is at a unique place in their digital transformation journey, all of us need the knowledge and tools to make the courageous choices required to seize…

Since its founding over 80 years ago, San Diego County Credit Union (SDCCU) has become one of the largest credit unions in the nation, now serving a diverse community of…

Many economists continue to predict slower GDP growth in 2020 than the previous two or three years. This poses a potentially significant challenge to a credit unionaiming to grow its…

Earlier this year, the World Economic Forum (WEF) published its list of 2019’s Technology Pioneers. Over the past few months, we’ve taken a look at some of the start-ups that…

A self-sufficient member is a good thing. Do-it-yourself folks don’t need expensive help, are more likely to be satisfied, and are sticky — they are in it for the long…

The House Financial Services Committee passed the Cybersecurity and Financial System Resilience Act (H.R. 4458) by voice vote Wednesday. CUNA supports the bill and expressed its support in a letter…

The U.S. Department of Agriculture (USDA) released an interim final rule this week that outlines provisions for legal hemp production. The NCUA in August released interim guidance allowing federally insured…

Fighting credit and debit card fraud is a shifting battle as would-be thieves regularly roll out novel schemes, but credit unions can look to new defenses from card issuers and…

Credit union members who were once among the top law enforcement officials in Honolulu face years in federal prison after admitting they defrauded credit unions and banks through elaborate schemes…

As the total number of retail branches in the U.S. has declined in recent years and the role of the branch itself continues to evolve, financial institutions are taking a…

Dreaming of the days you’ll be an ADA wizard? Want to get started now? If you can fix the link text on your website, you’ll have a compliance win that…

Greetings Compliance Friends! In case you missed it, NCUA addressed its Home Mortgage Disclosure Act (HMDA) review observations in the Federal Reserve’s recent 2019 Fair Lending Interagency Webinar. In the…

People frequently beef that you can order almost anything in the world on Amazon, but you can’t have a conversation with a real human being at the ecommerce giant. The…

Protecting Americans’ financial and other personal information no matter what entity possesses it is of utmost importance to credit unions, CUNA wrote to House Financial Services Committee leadership Tuesday. The…

Following NCUA Board Chairman Rodney Hood's announcement of coordinated efforts with state regulators to modernize the supervisory system, NAFCU is seeking insight into how credit unions prepare for examinations. Association-member…

To compete and succeed in this ever-evolving and changing financial marketplace, credit unions must continue to push themselves to think and act differently. Fintech companies across the payments industry are…

The foray into solar lending at UMassFive College Federal Credit Union began with a desire to create a new loan product and simple Google search on “solar energy.” “If you…

The NCUA on Tuesday proposed a 2020 agency operating budget of $316.2 million, an $11.8 million increase over the board-approved 2019 budget. That amounts to a 3.9% increase over 2019.…

Bulletproof hosting is a major problem and another indication of the growth and maturity of the criminal enterprise.Law enforcement has a challenging task in finding and arresting bad actors who…

Are you more George Michael or Lady Gaga? Maybe Rolling Stones or Blake Shelton? These can be fun questions to answer, but at the end of the day, it doesn’t…

With Halloween upon us, there’s a chilling feeling in the air for many people—the expenses of the upcoming holiday season combined with potential unknowns that could wreak havoc on their…