Credit union loans outstanding increased 0.8% in August

Credit union loans outstanding increased 0.8% in August

Credit union loans outstanding increased 0.8% in August, compared to a 0.7% increase in July of 2023 and a 1.7% increase in August of 2022, according to CUNA's latest Monthly Credit Union [...]

Celebrating 75 years of International Credit Union Day

Celebrating 75 years of International Credit Union Day

The credit union mantra of “people helping people” is needed more than ever in our world today. Whether it’s recovering from war, rebuilding after natural disasters, or simply helping communities get financially healthy, not-for-profit [...]

CUNA, NAFCU submit comments in advance of Otsuka testimony

CUNA, NAFCU submit comments in advance of Otsuka testimony

CUNA and NAFCU wrote to the Senate Banking, Housing, and Urban Affairs Committee bringing awareness to critical credit union issues as it hears testimony from NCUA board nominee Tanya Otsuka. Otsuka--nominated in September to fill [...]

Senate passes resolution of disapproval for CFPB’s 1071 rule

Senate passes resolution of disapproval for CFPB’s 1071 rule

The Senate passed a joint resolution of disapproval Wednesday on the Consumer Financial Protection Bureau’s section 1071 rule. CUNA wrote in support of the resolution, which would void the rule through the Congressional Review [...]

Challenging environment exists for CDFI CUs looking to serve

Challenging environment exists for CDFI CUs looking to serve

Community Development Financial Institution-certified credit unions are key to achieving the mission of the CDFI movement, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Committee Tuesday. The committee conducted a hearing on how [...]

Creating the association our movement needs

Creating the association our movement needs

This week we wrapped up our third forum on the proposed merger, and I want to thank everyone who attended, submitted a question, or shared an idea over the past few weeks. I’ve had [...]

NCUA issues letter on resumption of federal student loan payments

NCUA issues letter on resumption of federal student loan payments

NCUA issued a Letter to Credit Unions (23-CU-08) Wednesday on resumption of federal student loan payments. Federal student loan interest resumed Sept. 1, and payments restart in October. "As federal student loan payments restart, some [...]

GoWest member credit unions raise $1.2M for CMN Hospitals

GoWest member credit unions raise $1.2M for CMN Hospitals

Credit union leaders collaborated to raise $1.2 million for 11 Children’s Miracle Network Hospitals during the “The Totally Awesome CU4Kids Auction & 80’s Prom Bash” held in Spokane Oct. 4, as part [...]

PODCAST: Powerful fintech partnerships

PODCAST: Powerful fintech partnerships

Finding the right fintech partner can allow credit unions to maximize growth and fuel innovation, says Ben Maxim, chief operating officer at Reseda Group, a credit union service organization formed by $7.4 billion asset [...]

The importance of credit union advocacy

The importance of credit union advocacy

Washington, D.C., is certainly never boring, as we’ve seen over the last week. The good news is the credit union difference is bipartisan. We’ve shown that time and time again. We put [...]

NCUA, FTC to host Oct. 26 webinar on protecting credit, identity

NCUA, FTC to host Oct. 26 webinar on protecting credit, identity

NCUA and the Federal Trade Commission (FTC) are hosting a webinar titled “Protect Your Credit and Identity with Cybersecurity Awareness” Oct. 26 in recognition of October's National Cybersecurity Awareness Month. Registration is currently open for [...]