Syndicated

Recently, a coalition of industry leading businesses joined forces with the Linux Foundation to establish Trust over IP (ToIP). The coalition includes IBM, MasterCard, and CULedger, among others. The fact…

Caregivers are people helping people, who often find themselves confronted with extra expenses that affect their financial future. By revealing thegrowing magnitude and financial implicationsof this typically silent population and…

“Crisis produces opportunity!” It might be a cliché, but it’s true. And the credit unions best positioned to benefit from that opportunity are those driven by strategy. In times like…

President Donald Trump issued an executive order Wednesday calling on federal agencies to identify regulations that can be rescinded or temporarily waived to promote job creation and economic growth. The…

The NCUA's new Culture, Diversity, and Inclusion Council – which was announced at the agency's first Diversity, Equity and Inclusion (DEI) Summit in November – officially launched last week. The…

With “pandemic fog” circling home offices like a tornado from the Wizard of Oz, employees are feeling less and less resilient as work-from-home mandates continue in many states. What is…

As organizations across the country reopen, credit unions are keeping one thing in mind when deciding when to resume branch operations: Safety. That means “safety for our staff, their families,…

Years ago, long before I began working in professional development for credit union leaders, I was a middle school language arts teacher. The school district in which I taught was…

Much has been made of how during the coronavirus pandemic senior citizens have been trying out digital banking and getting used to this leap from traditional branch banking transactions. Figures…

In mid-March, the Federal Reserve dropped the target range for its funds rate to 0%-0.25% to combat the economic fallout wrought by the coronavirus pandemic. The move pushed mortgage rates…

Why does it matter that people learn about finance? Well — because, fortunately or unfortunately, money does make the world go round. Every time you order a coffee, every time…

CUNA President/CEO Jim Nussle was the latest guest on the National Credit Union Foundation’s Together Tuesday video series this week. Launched last month as a dose of weekly inspiration, Nussle’s…

NAFCU updated itsFinal Regulation Alert to include clarification from the Federal Reserve that it has no plans to re-impose the six-per-month transfer limit between savings and checking accounts under Regulation…

Employee benefits pre-funding programs can do more for your credit union than simply offset future benefits expenses. The credit unions that get the most value from pre-funding programs use the…

Credit unions are performing masterfully in supporting their members through the COVID-19 crisis. Many are providing members with much-needed relief in various forms, including payment deferral programs, fee waivers, additional…

Now that the recession is 100% certain, we know the traditional performance dashboard will light up with all the downward trends. These include rising delinquencies and net charge offs, falling…

Many credit unions are watching what happens with the National Credit Union Administration’s pending rule on credit union acquisitions of banks. “The proposed rule is not perfect but good at…

While members have been confined to their homes over the last several weeks, many still want and need convenient access to in-branch and ATM services. And while many credit unions…

Credit unions can bring billions of dollars into the economy with no cost to the government, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Monday. Donovan…

"The first full month of nationwide stay-at-home orders was catastrophic for retail sales," said NAFCU Chief Economist and Vice President of Research Curt Long in a newNAFCUMacro Data Flashreport. Total…

As I write this, it’s been about two months since the sports world seemingly set the precedent for the U.S. economy by shutting down operations, setting the stage for an…

There is no denying it, COVID has made a significant impact to many aspects of life. Consumer preference is shifting daily, but the need for financial product/services and advice has…

Social distancing has been easy for only a few of us. For most, it’s been… difficult. Many of the CU 2.0 team have replaced a social life and recreational activities…

Happy Monday, compliance friends! As explained in a previous blog, the National Credit Union Administration (NCUA) signed on to an interagency policy statement on allowances for credit losses. The statement…