NY bankers seek regulatory ‘pause’ in credit union-bank merger
New York banking trade groups are asking the New York Department of Financial Services to “pause” the first-ever merger between a credit union and bank in the Empire State, in…
New York banking trade groups are asking the New York Department of Financial Services to “pause” the first-ever merger between a credit union and bank in the Empire State, in…
U.S. single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing potential…
America’s Credit Unions President/CEO Jim Nussleappeared on Charlotte news station WCNCto discuss how credit unions are working to protect American consumers’ sensitive data. Nussle emphasized that interchange fees are an…
Just as brand strategy informs creative decisions, your name informs your logo design. Your logo visually broadcasts your name’s significance and symbolically implants the name in consumers’ minds. That means…
Credit unions only exist for the benefit of members, but empowering members requires more than good intention. Similarly, the creation of corporate green objectives includes more than meeting compliance initiatives…
Community Development Financial Institutions and Minority Depository Institutions are losing customers because they do not have the resources or training to provide even the most basic digital services, theGovernment Accountability…
U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. The…
News last week thatinflationrose the month prior (after increasing inthe month before that) wasn't welcome for millions of Americans, but particularly for borrowers. Not only has inflation made the cost…
According to MeridianLink’s 2024 consumersurvey, 30% of respondents indicated a willingness to switch financial institutions (FIs) upon experiencing unsatisfactory customer service; that same survey also found that 36% of respondents…
This week, America’s Credit Unions will monitor several hearings in the House and Senate, as well as the April NCUA Board meeting. In addition, the organization kicks offRegulatory Compliance Certification…
It was a busy week engaging with policymakers in Washington, D.C., as our advocacy team met with members of the Federal Reserve Board—including Chair Jerome Powell—and the Federal Communications Commission…
The financial services industry faced intense challenges in 2023, such as high interest rates, staffing shortages and liquidity, to name a few. To remain competitive, financial institutions were forced to…
While new requirements often elicit groans from busy bank marketers, the latest around email authentication from Google and Yahoo are crucial measures — not unnecessary burdens. As tempting as it…
On Wednesday, April 10th, the Credit Unions for Kids National Advisory Board accepted the Founders Award on behalf of the credit union industry. The Founder’s Award is a highly prestigious…
Lenders are continuously focused on new products to gain a competitive edge; but the unprecedented changes in interest rates over the past 18-24 months, coupled with consistently rising housing prices…
A critic of the credit union tax exemption predicted Thursday that Congress may take a close look at the benefit as they search for ways to pay for expiring tax…
Inflation has been high for years now, and while it's decreased quite a bit fromits peak of 9.1%in June 2022, it's still below the Federal Reserve's target goal of 2%.…
America’s Credit Unions wrote to several House and Senate committees this week in support of international credit union priorities as Congress considers funding for the U.S. Agency for International Development…
Skyrocketing auto insurance costs helped contribute toinflationaccelerating at a faster-than-expected pacein Marchand are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance…
This article is the second in a series exploring artificial intelligence (AI) in human resources. The first article looked athow to keep the "human" in humanresources. We invite you toshare…
I recently had a conversation with a credit union CEO who I’ll call “Sam” for the purposes of this article. Sam was concerned with the performance of his supplemental executive…
America’s Credit Unions President/CEO Jim Nussle this week urged Senate Judiciary Committee Chairman Sen. Dick Durbin, D-Ill., to abandon any plans that might alter the mandatory arbitration system some credit…
Brazil’s instant payment system Pix has become a global success story in real-time scheme implementation. Launched in late 2020, it reached: 42 billion Pix transactions in 2023 vs. 17.8 billion…