Finance issues take center stage

Finance issues take center stage

Pressure on liquidity and noninterest income dominated discussions Sunday during the Finance Leader Exchange at the 2023 CUNA Finance Council Conference in Anaheim, Calif. Steve Arbaugh, executive vice president/chief financial officer (CFO) at $5.[...]

$15.1 million saved during National Youth Savings Challenge™

$15.1 million saved during National Youth Savings Challenge™

Young credit union members took the theme of “Unleash the Power of Saving at your Credit Union™” to heart during April’s National Credit Union Youth Month, sponsored by Ever Green 3C. Credit unions reported [...]

VIDEO: Weekly Wrap-up May 15-19

VIDEO: Weekly Wrap-up May 15-19

Celebrate 80 years with National JACL Credit Union, meet Allegius Credit Union Chief Financial Officer Toni Downing, and examine trends impacting credit union financials in the latest episode of the Weekly Wrap-up. Watch the full [...]

Announcing National Youth Saving Challenge™ winner

Announcing National Youth Saving Challenge™ winner

Credit unions wrapped up an amazing 15th annual National Youth Saving Challenge™ in April, opening 3,445 new accounts during the month, a 383% increase from 2022. Credit unions reported their final numbers this week, [...]

Credit unions need liquidity flexibility, bank parity

Credit unions need liquidity flexibility, bank parity

CUNA wrote the Senate Banking, Housing, and Urban Affairs Committee in support of the credit union position on third party vendor authority, privately insured credit unions, deposit insurance reform, and the Central Liquidity Facility. The [...]

FHFA must provide transparency around mortgage pricing

FHFA must provide transparency around mortgage pricing

The Federal Housing Finance Agency (FHFA) should be more transparent in its pricing of guarantee fees, CUNA wrote to the House Financial Services Subcommittee on Housing and Insurance. The comments were submitted for the record [...]

Adams: Individuals must possess financial literacy understanding

Adams: Individuals must possess financial literacy understanding

Young adults should go into college or the workforce with a "baseline understanding of how money works," Credit Union League of Connecticut President/CEO Bruce Adams wrote in The Hartford Courant. Adams wrote in support [...]

Bringing the credit union difference to statehouses

Bringing the credit union difference to statehouses

CUNA and Leagues launched geotargeted ads about the credit union difference around every statehouse in the month of April to celebrate Financial Literacy Month. The ads reached policymakers across an array of different websites while [...]

VIDEO: Weekly Wrap-up May 8-12

VIDEO: Weekly Wrap-up May 8-12

See what CUNA News staff is up to by watching the Weekly Wrap-up for May 8-12. Who is on the newest CUNA News Podcast episode? What awards are being handed out? How are credit unions [...]

Proposed 7(a) changes will negatively impact CUs, borrowers

Proposed 7(a) changes will negatively impact CUs, borrowers

CUNA strongly opposes the proposed changes to the Small Business Administration’s (SBA) 7(a) loan program, it wrote to the House Small Business Committee for its hearing on the program. Loans made through the [...]

CUNA economics: Inflation eases in April

CUNA economics: Inflation eases in April

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s April Consumer Price Index (CPI) Report: “In April, the year-over-year headline inflation decreased slightly from 5% in March to [...]

USAID extends economic inclusion project through May 2026

USAID extends economic inclusion project through May 2026

The United States Agency for International Development (USAID) this month extended the flagship project of its Venezuela Regional Response Program through May 2026, awarding $14 million to World Council of Credit Unions (WOCCU) to continue [...]