How technology is driving the future of credit unions
The world seems to be changing faster every day. Businesses are being challenged to find ways to cope with these changes while still maintaining high levels of safety, security, profitability ...
The latest from Lauren Culp
Harper talks interest rate, liquidity, cybersecurity risk at MDDCCUA convention
NCUA Chairman Todd Harper spoke at CONNECT 2023, the MD|DC Credit Union Association’s annual meeting and convention Tuesday. Harper discussed the safety and soundness of the credit union ...
What you can do to protect your auto loan portfolio in an era of high delinquency risk
Both 30- and 60-day delinquencies have surpassed levels from before COVID-19, and the Consumer Financial Protection Bureau reports the percentage of auto loans transitioning into delinquency is rising at an ...
Navigating the insurance crisis: How banks and credit unions can overcome soaring costs and secure their future
We’re in the middle of an insurance crisis: Credit Unions and community banks are being dropped by their providers while premiums skyrocket. Likewise, consumers face escalating insurance costs as ...
Federal Reserve holds interest rates steady, forecasts two more rate hikes this year
The Federal Reserve held interest rates steady Wednesday, but officials signaled they are prepared to raise rates again this year to tame stubborn inflation. The central bank maintained its benchmark ...
If cross-selling is a dirty word, re-think it
If your team breaks out in chills, moans and groans when the phrase “cross-selling” is mentioned, it’s time to re-think some things at your credit union. First, do you ...
5 marketing shifts to drive results in the second half of 2023
In 2023, credit unions are seeing lending slow and deposits drain. The interest rate environment is the top concern for credit union leaders for 2023. The cost of funds is ...
Regulators vs. robots: AI under scrutiny
Remember The Jetsons? That cartoon imagined an optimistic future in which humans zipped off to work in flying cars and had sassy housecleaning robots like Rosey to make their lives ...