Syndicated

Speaker of the House Nancy Pelosi (D-Calif.) unveiled the Democratic majority’s next phase COVID-19 policy proposal—titled the HEROES Act—on Tuesday. “This draft legislation makes it clear that there is a…

Sen. Ron Wyden, D-Ore., Monday introduced legislation– the Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2020 – to provide credit unions with relief under…

Long before COVID-19, member-centric digital experiences were important in every successful credit union’s long-term growth strategy to some degree. According to the January 2020 Digital Banking Report, 80% of organizations…

The COVID-19 pandemic is affecting all sectors of the U.S. economy, which will likely result in a sharp rise in payment card chargebacks. Is your credit union prepared? In an…

Financial institutions, including credit unions, have faced increased fraud risks (identity theft, scams, stolen, counterfeited and forged checks) as a result of the COVID-19 pandemic and the overall national crisis.…

On Thursday, May 7th, CO-OP hosted the first-ever THINK 20 Virtual – an all-digital conference that brought together over2,000credit union professionals for six hours of intelligence sharing and strategy building.…

It seems like every time a sudden and severe shock hits the financial markets, all the fancy hedge fund investment strategies that use monikers like, “Enhanced Return,” or “Alpha Plus”…

The Consumer Financial Protection Bureau (CFPB) issued its final rule on remittancesMonday, which comes after strong CUNA engagement with the CFPB to finalize the rule. The rule raises the “normal…

The unemployment rate skyrocketed to 14.7 percent, the largest month-over-month increase in the history of the series dating back to January 1948. Although historical data begins in 1948, NAFCU Chief…

Psychologists have studied people’s responses to the kinds of pressure that the COVID-19 pandemic is producing.These three research-based ideas about how to handle this pressure are mission critical for leaders…

A year into her new job at Canvas Credit Union($2.8B, Lone Tree, CO), Tansley Stearns was sitting in a meeting when a light bulb went off: No more B.S.! In…

Before this whole COVID-19 situation, my daily routine was flawless. I’m talking: lather, rinse, repeat – knowing what to expect, and being ready for action. Sure, there was the occasional…

“I get by with a little help from my friends.” Even The Beatles knew it takes a village to maintain compliance across an entire financial institution! All kidding aside, even…

With everything going on these days, some may have missed the recent publication by the Philadelphia Federal Reserve’s helpful Consumer Compliance Outlook. The first article was a rather helpful summary…

Reps. Brad Sherman (D-Calif.) announceda bill Friday to exempt credit union business loans related to the pandemic from the member business lending cap for one year.Sens. Ron Wyden (D-Ore.) also…

After falling 11.7 points last month, the Fannie Mae Home Purchasing Sentiment Index (HPSI) continued to drop an additional 17.8 points in April to 63 points – the lowest reading…

Just as credit union marketers got their plans and budgets approved and were getting their first campaigns launched, COVID-19 changed everything. Since that time, we have been scrambling to be…

Cybersecurity continues to be a top priority for credit unions and all businesses. And the coronavirus pandemic has done nothing to change that. Ransomware, email phishing attacks, and other threats…

Perhaps now more than ever, financial institutions must understand their account holders’ needs, deliver a seamless customer experience, and operate with the utmost transparency. If there is any silver lining…

Just as TV viewership is going up – 46% among teens – I’ve been tempted to tune out. This short YouTube video comically explains the glut of COVID-19 message out…

As many of us work from home, we're dealing with distractions we normally wouldn't face when in the office. Of course, the office environment comes with its own set of…

Many of us imagine spending our golden years making memories with our loved ones. For some, that might include traveling to bucket-list destinations with family, going to midweek matinees with…

NCUA Chairman Rodney Hood announced Thursday that military personnel will now be able to count toward a credit union earning the Low-Income Credit Union (LICU) designation. CUNA requested this change…

The Justice Department has filed its first case against two individuals following the start of its inquiry into the Small Business Administration's (SBA) paycheck protection program (PPP). Investigations into whether…