Syndicated

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…

Credit unions want to be relationship lenders, but when it comes to business members, they’re primarily product lenders—they finance one piece of a business’s credit needs: commercial real estate. CUs…

Companies globally could incur $5.2 trillion in additional costs and lost revenue over the next five years due to cyberattacks, as dependency on complex internet-enabled business models outpaces the ability…

Looking at the overall statistics from wellness programs in America, the results aren’t that impressive, and the average wellness program has a negative return. Although 80% of organizations offer a…

Call this podcast Up In Smoke, Credit Union Style. The more formal moniker: Cannabis and Credit Unions: The Opportunities and Risks, Part 1. That’s right. There is also a Part…

It’s been a long and winding road but regulators including the NCUA have finally promulgated a final regulation outlining the conditions under which lenders will be required to accept “private…

There’s an old saying in business, often attributed to Warren Buffett: It takes 20 years to build a reputation, and five minutes to destroy that same hard-earned reputation. We’ll use…

When it comes to digital transformation in the banking industry, the Holy Grail is to have a culture of innovation embedded in the financial institution’s DNA. Few do yet, but…

The Financial Accounting Standards Board (FASB) will conduct a public roundtable discussion Monday to discuss additional views on its current expected credit loss (CECL) standard. CUNA will attend the discussion,…

The U.S. District Court for the Southern District of Texas has dismissed a lawsuit filed against Smart Financial Credit Union related to website accessibility requirements under the Americans with Disabilities…

The NCUA’s amended Field of Membership rule “obliterates” the limitations that Congress placed on credit unions, state banking and community banking trade groups said, in a brief filed in a…

We put so much time, energy and effort into creating an organizational strategy. We look at where we’ve been, where we are and where we want to go to create…

Are you wondering if your "non-responsive," "somewhat dated," but "still functions ok," website is really hurting yourBank or Credit Union growth strategy? Well the answer is a resounding... Y-E-S!!! Here…

According to a report from Novantas, 58% of potential switchers — those consumers who are looking to move to a new primary financial institution or would consider doing so —…

In an environment of lean teams and limited time, it’s important for marketers to analyze changes in Google’s search ranking factors every year to determine where to focus efforts. Listings?…

Greetings Compliance Friends! When it comes to our beloved servicemembers, we often think about the years of physical and technical training, the physical dangers of deployment, and the courage of…

The executive committee of the Credit Union Legislative Action Council (CULAC), CUNA’s political action committee, announced Thursday they have confirmed league nominations to serve on the CULAC Board of Trustees.…

NAFCU President and CEO Dan Berger is defending credit unions, their mission to help members and the NCUA's merger process against an attack by the Independent Community Bankers of America…

As CUNA’s Chief Advocacy Officer Ryan Donovan tells it, advocacy is a process. In 2019, America’s credit unions will build on a process that brought them nearly unprecedented success in…

This month, Progressive Credit Union successfully merged with PenFed Credit Union as part of an emergency merger that allows PenFed to support all of Progressive’s current members and loans in…

Feedback is necessary for growth and development. Without it, how do we know what we're doing well or what we can improve on? As a leader in your organization, being…

Yielding to mounting pressure and growing disruption, President Donald Trump and congressional leaders on Friday reached a short-term deal to reopen the government for three weeks while negotiations continue over…

The error resolution procedures in Regulation E and Regulation Z are a constant thorn in the side of any compliance officer. While no credit union wants to hold its member…

Credit unions can benefit greatly from collecting and storing information to leverage Big Data. The cost of building a data warehouse can be steep, though. If you’re considering building a…