News Archives

Things to think about in choosing a retirement community

Things to think about in choosing a retirement community

Retirement can include many changes, including moving to a new home. Senior living communities are growing in popularity among those in their golden years. Within a span of 50 years, it’s predicted that the [...]

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 [...]

Senators call on FHFA to reconsider credit report changes

Senators call on FHFA to reconsider credit report changes

A group of Senate Republicans, led by Senate Banking Committee Ranking Member Tim Scott, R-S.C., sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson over the weekend raising concerns about the [...]

Q3 2023 economic outlook for financial institutions

Q3 2023 economic outlook for financial institutions

Overall, the financial sector appears well positioned for an economic downturn. Arguably, the predicted recession has been one of the most forecasted in economic history. As such, financial institutions have had plenty of time to [...]

Curing what ails medical debt

Curing what ails medical debt

What credit unions have known all along federal regulation may now agree: For too many years, medical debt and collections have weighed heavy on consumers and members credit scores. Due to the rising price of [...]