A group of American and Polish credit union leaders have joined forces to create a support fund through Polish credit unions delivering relief and economic stability for Ukrainian refugees in Poland. The proceeds of the [...]
On a seasonally-adjusted basis, overall consumer prices rose 1 percent in May, with the Bureau of Labor Statistics reporting that the overall consumer price index (CPI) grew by 8.5 percent over the 12-month period. [...]
President Joe Biden Monday published a Wall Street Journal op-ed outlining a plan to both lower costs for American consumers and tackle looming inflation concerns. Citing a multitude of challenges including the ongoing war between [...]
A noise on the street outside made him flinch suddenly. I hadn’t even noticed the noise and he looked at me apologetically: “it’s the war.” This was a few minutes into my interview [...]
The U.S. Agency for International Development (USAID) and Worldwide Foundation for Credit Unions released the second and final disbursement from a $1 million liquidity fund to help partner credit unions affiliated with World Council [...]
Recent Executive Orders on Russian Sanctions What’s that you see…why that’s Spain seizing Russian Billionaire Viktor Vekselberg’s yacht, courtesy of global sanctions. Vekeslberg is an individual listed on OFAC’s Specially [...]
NCUA issued a Risk Alert (22-RISK-01) on the heighted risk of social engineering and phishing attacks that comes with the conflict in Ukraine. According to NCUA, there are raised concerns over potential cyberattacks in the [...]
Thank you for tuning in to episode 28 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought [...]
I am sure everyone reading this blog is aware of Russia’s invasion of Ukraine and the devastation it is causing there. In response to this invasion the United States and other nations have imposed [...]
In the latest insight post on NAFCU’s Compliance, Risk, & BSA Network, NAFCU Senior Regulatory Affairs Counsel Kaley Schafer reviews how the imposed sanctions against Russia will impact credit unions. Russia early Thursday morning [...]
CUNA President/CEO Jim Nussle and World Council of Credit Unions President/CEO Elissa McCarter LaBorde today issued statements in support of Ukraine’s credit unions. “America’s credit unions stand united with the Ukrainian [...]
Senate and House lawmakers are in their home states and districts this week after sending President Joe Biden a continuing resolution to fund the government on Thursday. The President signed the legislation ahead of the [...]
All rules and guidance for any Paycheck Protection Program (PPP) enhancements be issued and finalized before the program goes into effect, CUNA and other organizations wrote to Treasury and Small Business Administration (SBA) leaders Wednesday. [...]
According to news reports, President Donald Trump has told administration officials to stop working with House Speaker Nancy Pelosi, D-Calif., on another potential coronavirus relief package until after the election. Pelosi and Treasury Secretary Steven [...]
As we set out to write an opinion piece on what either the re-election of Donald Trump or the election of Joe Biden would bring for the financial markets, we thought we would wait to [...]
