Syndicated

Over the last few years, the FTC has reported a growing number of complaints about scams involving counterfeited checks. Fake checks are used in numerous types of scams, and are…

Nearly every one of us is a frequent flyer member with an airline of choice. In addition, a majority of us may also have the branded credit card of the…

In credit union lending, some unfortunate costs of doing business include delinquencies and reduced collections due to member bankruptcies. With about 750,000-800,000 people filing forbankruptcyevery year in the U.S., your…

Another CUNA GAC has come and gone, another Wegner Dinner under our belts, and with that comes a renewed sense of purpose and excitement for the credit union movement. I…

The World Council of Credit Unions urged the Basel Committee in Banking Supervision to provide flexibility when it comes to leverage ratio disclosures. The Basel Committee is the primary global…

The House Financial Services Committee next week will markup a bill designed to provide a safe harbor for credit unions and other lenders that serve marijuana-related businesses in states that…

Change has never happened this fast before, and it will never be this slow again.” We’ve all heard iterations of this quote and concept. While this particular rendition came from…

Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of the central bank’s bond holdings in September after holding…

More than 5,000 credit unions serve millions of Americans with affordable, convenient financial products and services, according to theCredit Union National Association (CUNA). Key trends impacting these important not-for-profit banking…

Nearly a decade ago, Grow Financial Federal Credit Union ($2.5B, Tampa, FL) faced a problem to which many other credit unions can relate. Each department within the organization collected large…

What are you passionate about? That’s a question my daughters would hear often when they were deciding where to go to college, what to study and what job to take.…

Competition in the financial sector is fierce—not only from other banks, but also from the likes of Amazon, Apple and Google. These behemoths of technology—and, more importantly, the customer experience—are…

Like all community-focused institutions, credit unions face unprecedented challenges from an ever-growing cadre of non-traditional digital players. And that’s on top of traditional competitors they face. To succeed, credit unions…

Electronic documents are a mundane yet integral part of the financial industry, as they improve operational efficiency, reduce costs and save paper for banks and credit unions. Members also enjoy…

As we gear up for the annual CUNA Operations & Member Experience Council and Technology Council Conferences, it’s occurred to us that there’s a lot of content to cover, from…

Credit union membership and loan growth weakened in January, but year-over-year membership and loan growth rates remain a strong 4.23% and 8.99% respectively, according to CUNA’s latest Monthly Credit Union…

The Federal Open Market Committee (FOMC), the Federal Reserve's monetary policy-setting arm, begins a two-day meeting today, which is not expected to end with a rate hike. The committee last…

The number and size of retail financial institution branches are declining, but due to such factors as mergers and growth, headquarters needs are increasing at thriving credit unions. Just 10…

As the CFPB rewrites portions of its payday lending rule, state credit union leagues and national trade groups are calling for a delay in implementation and a broad exemption for…

It will take time to figure out precisely how much this impacts credit unions but there is little doubt that at some point it will. On Monday, FIS announced it…

Diversity & Inclusion (D&I) programs have been around for decades, and frankly have created a limited amount of true positive impact. Credit union leaders have been trained on understanding the…

The Community Development Financial Institutions Fund is once again on the chopping block. The Trump administration’s budget for 2020 would eliminate funds for the grants, which are used to encourage…

Recently, a lot of questions have been raised in the press about whether Senator Elizabeth Warren’s new American Housing Economic Mobility Act of 2019 would increase credit unions’ regulatory burdens—despite…

When Millennials get most of marketers’ attention — followed closely by Generation Z — one might easily get the impression that Baby Boomers have become irrelevant. To be sure, younger…