CUNA News Archives

47 credit union leaders graduate from Foundation’s DE program

47 credit union leaders graduate from Foundation’s DE program

Forty-seven credit union leaders were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s (the Foundation) Credit Union Development Education (DE) Training. The May DE Training was held May [...]

87 earn CUCE designation at Regulatory Compliance Certification Schools

87 earn CUCE designation at Regulatory Compliance Certification Schools

After successfully passing their exams at CUNA Regulatory Compliance Certification Schools, 87 credit union professionals have earned their Credit Union Compliance Expert(CUCE) designations. “If you need a great overview of the Compliance world, the [...]

CUs called to share FCC auto call blocking concerns before Thursday

CUs called to share FCC auto call blocking concerns before Thursday

CUNA issued an action alert Tuesday designed to solicit credit union comments on the Federal Communications Commission’s (FCC) upcoming vote on a declaratory ruling on default call blocking. CUNA’s Grassroots Action Center contains [...]

Seeing SICREDI in action

Seeing SICREDI in action

An agricultural community and a family-owned dairy farm turned into a classroom last week for a group of young professionals learning how SICREDI makes an impact in members’ lives. The 14 credit union representatives are [...]

PODCAST: CFOs turning into ‘heavy thinkers’

PODCAST: CFOs turning into ‘heavy thinkers’

Chief financial officers (CFO) are no longer solely number crunchers. Instead, they’re increasingly being asked to get more involved in the credit union’s strategic mission. “It helps us think a little bit differently [...]

House passes bill with amendment to ensure CU presence on CAB

House passes bill with amendment to ensure CU presence on CAB

CUNA wrote in favor of a successful amendment to the Consumers First Act (H.R. 1500) Wednesday, one that would ensure credit unions would be represented on the Consumer Financial Protection Bureau (CFPB) Consumer Advisory [...]

‘They’re taking action and making change’

‘They’re taking action and making change’

Before setting out to brainstorm ideas on bringing diversity and inclusion to the forefront at their credit unions, the young professionals in Brazil heard from people who have done it themselves. The 14 credit union [...]

3 steps to help you prepare for CECL

3 steps to help you prepare for CECL

Financial Accounting Standards Board (FASB) has issued a new accounting standard called Current Expected Credit Loss (CECL) that will go into effect December 15, 2021. Here are three steps you can take to ensure your [...]

CECL delay bill would ensure impact is properly studied

CECL delay bill would ensure impact is properly studied

CUNA maintains its longstanding position that the current expected credit loss (CECL) standard is inappropriate for credit unions, and backed a bill Wednesday that would require the standard to be delayed and studied by the [...]

‘The mind is your main production tool’

‘The mind is your main production tool’

A critical element of influence is the emotional environment you create around yourself, Darrell Hammond tells a preconference workshop at the CUNA Finance Council Conference in New York City. Optimism is a quality that virtually [...]

NCUA starts $160.1M in dividend payments to CUs this week

NCUA starts $160.1M in dividend payments to CUs this week

More than 5,500 eligible institutions will receive dividends totaling $160.1 million from the National Credit Union Share Insurance Fund starting this week, according to NCUA. Credit unions have received statements in the mail [...]

Interest-rate risk: A core competency

Interest-rate risk: A core competency

Interest-rate risk is a core competency, not only for directors, but for their credit unions, says Brian Smith-Vandergriff. “If you do interest-rate risk well, you can be a better credit union,” Smith-Vandergriff, a partner at [...]

FCUs must be allowed access to federal courts, says CUNA brief

FCUs must be allowed access to federal courts, says CUNA brief

CUNA supports federal credit unions’ access to federal courts via diversity jurisdiction, one of the two methods for a federal court to have jurisdiction, the association indicated in an amicus brief filed Monday. CUNA’s [...]

Business intelligence: What is your ‘why?’

Business intelligence: What is your ‘why?’

Building a business intelligence (BI) program starts with one question: Why? “Too many people are affected by ‘shiny object syndrome,’” where they’re distracted by the latest new tool, says Anne Legg, director of market/[...]