This week’s primary elections saw all credit union-supported candidates win in Connecticut, Minnesota, Vermont, and Wisconsin. Of note, America’s Credit Unions and Minnesota Credit Union Network-backed Kelly Morrison won the…
Inpart oneof this series, we began our discussion of applying a risk-based approach to managing today’s data center in the financial services industry. As a framework for our discussion, we…
In today’s challenging macroeconomic environment, financial institutions (FIs) are grappling with rising delinquencies and a pressing need for innovative solutions to support consumers through financial difficulties. As a financial institution…
How local SEO can boost your credit union’s visibility Credit unions are pretty special. Unlike big banks, they’re owned and controlled by their members – people connected by something meaningful,…
Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy is finally ebbing. On a 12-month basis,…
Spokane Teachers Credit Union plans to acquire $550 million-asset Community Bank, which is based in Joseph, Oregon. The purchase price was not disclosed. This is the 13thcredit union-buying-bankdeal announced this…
America’s Credit Unions’ latest Regulatory Comment calls for credit unions to submit feedback on the NCUA’s proposed rule on succession planning. Comments can be sent to America’s Credit Unions by…
Let’s start with a question: Do community-based financial institutions need more regulation or governmental intervention? My answer — and I suspect your answer — is a resounding no. Community-based financial…
In the not-so-distant past, Jane, a fictional dedicated member of her local credit union, found herself overwhelmed by the complexity of managing her finances. Despite her best efforts, the financial…
Bob Dylan is a legendary figure in the American music scene. Dylan produced music known (and loved) by many, and Timothée Chalamet will play him ina biopic coming out this…
The Biden Administration announced on Monday that it would be proposing a new set of rules meant to save consumers both time and money, in the aptly named government-wide effort,…
Even in an era of transformative technological advancement in the payments space, small businesses face stubborn challenges in managing their payment processes: manual processing, working with older legacy systems and…
Let’s cut to the chase: the credit union movement has reached a pivotal moment. The world around us is changing at breakneck speed, and we have a choice. We can…
A financial marketplace that allows credit unions to grow and innovate through the responsible use of artificial intelligence (AI) is vital.America’s Credit Unions shared this viewpoint and addressed support for…
Do some credit union leaders, the general press, and those charged with overseeing the public good believe the member-owners of cooperatives are idiots? I believe those who think and act…
Financial institutions face a complex array of compliance challenges, especially when it comesto managing relationships with third and fourth-party vendors. The reliance on third-party vendors for various services—from 24/7 support…
Many people don't like to think about what would happen if they or their loved ones became seriously ill or injured. However, ignoring the possibility of a health crisis doesn't…
Credit unions often remain stuck in traditional ways of thinking, slowing down their ability to innovate and keep up with modern financial expectations. Credit unions need to break away from…
Most who know me well have seen my commitment to if not obsession with, planning. Benjamin Franklin’s quote, “If you fail to plan, you are planning to fail,” inspires my…
Given how quickly the technological landscape is evolving for the financial services, credit unions in particular need to find innovative ways to meet their members’ evolving needs. In a conversation…
This week, America’s Credit Unions is monitoringfour primary electionsand will engage with regulators on various credit union hot topics. The House and Senate are both in recess, with lawmakers back…
Congress is officially in its August recess, but there’s plenty on credit unions’ to-do list, which includes connecting with legislators back in their home district to highlight credit union priorities.…
Earlier this year,a survey from Credit Karmamade quite the splash: Approximately 45% of Gen Z and millennials are obsessed with the idea of being rich, and more than 40% of…
While many banks try to appeal to everyone with generic value propositions, Tennessee-based Sonata Bank has adopted a niche approach. The bank is filling a need in the quick-service and…