Living up to credit unions’ mission
There have been a lot of conversations since the Department of Justice announced the consent order against Citadel Credit Union, many of them hard but necessary. NCUA Chairman Todd Harper…
There have been a lot of conversations since the Department of Justice announced the consent order against Citadel Credit Union, many of them hard but necessary. NCUA Chairman Todd Harper…
The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-driven jump…
In today’s digital age, cybersecurity should be a top priority for every credit union. With the rise in cyberattacks, it's more crucial than ever to have a solid plan in…
Since 2019,bank imposter schemes have emerged as a significant threat for fraud managers, driven by the rapid adoption of digital banking solutions, particularly real-time peer-to-peer (P2P) payment channels. This shift,…
The pressure to deliver impactful campaigns that resonate with internal teams, customers, members and prospects is relentless. The success of any campaign hinges on seamless alignment between marketing strategies and…
In the last two years, the Fed has implemented 11 increases in the target Fed Funds rate, amounting to a total of 525 basis points. These moves were aimed at…
The NCUA board will receive two briefings at its next monthly meeting scheduled for Thursday, Oct. 24. The meeting will be held at the agency headquarters and streamed online at…
The National Disability Institutereports a significant contrast in digital banking usage between households with and without disabilities. Less than half of households with disabilities access their accounts online, with a…
As we recognize International Credit Union Day—a time to celebrate the global impact of the credit union movement—I find myself reflecting on the transformative journey I've had through the International…
Building wealth in low-moderate income communities, particularly in communities of color, requires a multifaceted approach centered on financial education, long-term investing strategies, and smart debt management. These components are vital…
TheFederal Trade Commissionadopted a final rule Wednesday that will require businesses to make it easy for consumers to cancel unwanted subscriptions and memberships. The “click-to-cancel” rule will prohibit retailers and…
Goldman Sachs(GS.N), opens new tabsaid on Wednesday it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point (bps) interest rate cuts from November 2024 through June 2025 to a terminal…
The NCUA’s succession planning proposal was the focus of a credit union meeting with NCUA Chairman Todd Harper Wednesday. America’s Credit Unions, state Leagues, and 27 credit unions took part…
The Family and Medical Leave Act (FMLA) is the federal law that comes into play when employees need to take time off to attend to personal or family medical needs.…
As David Watson, president and CEO of The Clearing House describes it, the early years of its Real-Time Payments Network passed in an atmosphere of “Kevin Costner, ‘If you build…
In the post-pandemic era,inflationsurged to a multi-decade high and the Federal Reserve responded by raising the benchmark interest rate. Althoughmortgage ratesdon't directly track that benchmark rate, borrowing costs still soared…
People approaching retirement usually have two questions about Social Security: “Will it be there for me?,” and “When should I start taking Social Security benefits?” Social Security: Will it be…
In a now infamous rant,Dennis Green - former coach of the Arizona Cardinals - once said after a game, “They are what we thought they were.” And one of legendary…
NCUA joined other regulators - including the Federal Deposit Insurance Corporation, Federal Reserve, Florida Office of Financial Regulation, and Office of the Comptroller of the Currency – to address the…
Maine Credit Unions’ Campaign for Ending Hungerserves as a catalyst for carrying out the shared credit unionPeople Helping Peoplephilosophy by nourishing people’s financial lives and their physical well-being. Since its…
The “forgotten generation,” more popularly recognized as Generation X, is characterized by many traits. Perhaps none is more notable than the trait of independence. Coming of age as so-called latchkey…
Last week, the United States Department of Justice (DOJ) announced that it is working towards a resolution for allegations of “redlining” by Citadel Federal Credit Union, located in the greater…
As we approach International Credit Union Day on October 17, I want to take a moment to reflect on the incredible impact the credit union movement has on people and…
New research from Comperemedia, a Mintel company, argues that some longstanding key assumptions among marketers will have to be reassessed in the face of new facts and changing attitudes. As…