Enough is enough
I gave you a brand new Ford, you said 'I want a Cadillac.' I bought you a ten dollar dinner, you said 'Thanks for the snack.' I let you live…
I gave you a brand new Ford, you said 'I want a Cadillac.' I bought you a ten dollar dinner, you said 'Thanks for the snack.' I let you live…
Development of the FedNow real-time payments network is necessary, CUNA wrote to the Federal Reserve Wednesday. The Fed announced details of the 24x7x365 interbank settlement service last month. “CUNA supports…
Existing-home sales continued to rise in August, reaching a seasonally-adjusted rate of six million units and marking its highest level on record since December 2006. This represents a 10.5 percent…
2011. It was the year when baby boomers began to retire, initiating a tidal wave of activity destined to crest in the year 2030. That is when all boomers will…
As a former church missionary in Africa, NCUA Chairman Rodney Hood imagined his life’s path would follow the ministry. While his professional course veered from the church, he eventually found…
When governments ordered businesses to shut their doors in March, the stock market fell off a cliff. Private investors withdrew their capital from volatile assets and decided to sit on…
The coronavirus pandemic has impacted every aspect of financial services, moving transactions to digital platforms, and forcing organizations to rethink back-office processes that have been in place for decades. While…
Questions and answers. They are a key part to developing any strategy. Ask the wrong strategic questions and it doesn’t matter what your answer is. Answer the right questions the…
University Federal Credit Union ($3.1B, Austin, TX) created its UFCU Scholars program in 2018. In 2019, the Austin-based credit union combined that program with an existing internship program to create…
CUNA President/CEO Jim Nussle joined NCUA Chairman Rodney Hood and World Council of Credit Unions President/CEO Bran Branch Monday afternoon for a discussion on the credit union role in inclusion,…
House Democrats Monday introduced legislation to prevent a government shutdown and provide funding for federal agencies through Dec. 11. Current federal funding is set to expire at midnight Sept. 30;…
As new credit union directors settle into their roles and responsibilities, they can offer valuable views on several persistent challenges facing many boards, which may be informed by their own…
Life Insurance Awareness Month has always been a good opportunity for credit unions to take stock of their life insurance programs, and step up efforts to ensure members understand the…
Shifts in economic and member behavior have forced credit unions to alter their short- and long-term forecasting. PSCU’s Advisors Plus Consulting has identified several focus areas for credit unions as…
In this phone-glued-to-hand culture, you might think app-based banking is driving brick-and-mortar bank branches towards obsoletion. Not so! Old-school branches can breathe a sigh of relief, because – as it…
TransUnion’s quarterly Industry Insights Report and monthly industry snapshot analysis shed light on consumer credit trends during the pandemic At the end of the last quarter, one key data point…
A new report from Filene Research Institute (commissioned by CO-OP), reveals that credit unions’ best growth opportunities emerge when they connect payments to the financial wellness of their members. Analyzing…
CUNA will be engaged in House floor votes and several hearings in both chambers of Congress this week. The House is expected to consider two pieces of CUNA-supported legislation on…
The Federal Reserve's Fraud Definitions Work Group earlier this year released the FraudClassifier Model to help organizations better understand the magnitude of fraud involving payments. A NAFCU webinar Sept. 30…
Not everyone craves the professional spotlight. Some of us would rather stay in the background, doing good work and making strong contributions. Thankfully for introverts, there are many different ways…
This was written by the author Saturday morning, after the passing of Ruth Bader Ginsburg. I’ve been thinking about all of the stories of the strong women in my family…
COVID-19 has transformed your institution’s digital communication strategy into an immediate demand. However, many financial institutions still fail to meet customer-centric expectations. According to a recent Javelin report, most digital…
I’m not ashamed to admit it: I’m a Taylor Swift fan. Her pop-music beats are great for keeping my feet going on long runs, especially up steep hills. But even…
The nature of a credit union is to hold and secure sensitive information. For that very reason, many companies choose to partner with payment providers because they need someone to…