Syndicated

“Diversity and inclusion” is a phrase we have been hearing for a while but in the past few years, it’s become an essential part of organizations around the world. We…

The national personal savings rate hit 14.3% in September, according to data from the St. Louis Fed. This is the second-highest rate since 1975. Higher savings paired with low interest…

Real-time payments (RTP) have been discussed for decades, but they only achieved true momentum within the last few years. Industry changes, combined with the effects of the pandemic, have accelerated…

One of the most important things in leadership is listening, CUNA President/CEO Jim Nussle told podcast host Todd Marksberry recently. Marksberry, president/CEO of Canvas CU, Lone Tree, Colo., hosted Nussle…

The Small Business Administration (SBA) Tuesday issued a press releaseoutlining steps the agency is taking to improve the first-draw paycheck protection program (PPP) loan process. The SBA indicated it will…

Every bank and credit union CFO I have ever met would like to pay as little as possible for the most value. Each executive would like to pay their vendors,…

CUES is so pleased to have Lindsey Walker, CMM, as its first-ever CUES Emerging Leader. Executive assistant at Tampa Bay Federal Credit Union, Tampa, Florida, Walker kindly took the time…

Although the mortgage industry has grown substantially during the pandemic,auto lending has lagged behind. With fewer people buying cars, credit unions will need to find creative ways to attract new…

On January 19, the Consumer Financial Protection Bureau (CFPB) issued their final rule amending the higher-priced mortgage loan (HPML) escrow rule. The final rule expands the exemption for establishing escrow…

Much of the general public is often perplexed to see how, when the economy and the financial system have the equivalent of a cardiac arrest, as they did in 2008…

When a member can’t withdraw money from an ATM, they don’t wonder whether or not the credit union has set its operational risk appetite correctly – they just want to…

Allowing credit unions to capitalize interest would provide a consumer-friendly option and will likely lead to credit unions using it to help struggling borrowers, CUNA wrote to the NCUA Tuesday.…

The Senate Monday, via a 84-15 bipartisan vote, approved the nomination of former Federal Reserve Chair Janet Yellen to serve as Treasury Secretary. NAFCU worked closely with Yellen during her…

The recent transition of power in our country got me thinking about transitions of power in credit unions—both at the board and CEO levels. I think as a community, we…

Just ask Denise Wymore –– Membership & Advocacy Development Director at NACUSO, a self-proclaimed credit union “lifer” whose mantra this year is “Credit unions are not going down on my…

Chad Knott was an 18-year-old college student working as a temporary teller 30 years ago at what is nowCredit Union ONE($1.6B, Ferndale, MI) when, during his first Friday on the…

We in the credit union industry do love our ratios, don’t we? It’s a way to make better sense of raw numbers and an attempt to get closer to an…

Fort Bragg Federal Credit Union (Fort Bragg FCU) had a problem. Their close relationship with the community and military throughout Morrisville, NC meant managing a large on-base and off-premise ATM…

While the pandemic has touched all our lives, younger people have been particularly hard-hit financially. About one in three Millennials (ages 24 to 39) and members of Gen Z (ages…

Working hard to make affordable, effective auto and home protection available to your members? That’s great news. Being the resource members rely on for this valuable coverage gives your credit…

CUNA Senior Economist Jordan van Rijn spoke with The Simple Dollar recently on mortgage forbearance and what borrowers should do regarding future forbearance. The CARES Act allows homeowners to apply…

President Joe Biden has named Todd Harper as NCUA Board chair. Harper, the board's only Democrat, has served as a board member since April 2019. "NAFCU congratulates Todd Harper on…

As we enter 2021, it’s widely understood that COVID-19 was a major accelerator for digital transformation in banking. Credit unions’ most highly engaged members didn’t need a pandemic to push…

In two decades at the helm ofElement Federal Credit Union($52.2M, Charleston, WV), Linda Bodie has seen a lot. But nothing like this. The COVID-19 pandemic has caused upheaval among her…