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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
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 [...]
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/[...]
The popular CUNA News Podcast is now available on Spotify, putting the program on the top four podcast directories. With more than 116,000 downloads, the CUNA News Podcast has welcomed a wide range of [...]
Sometimes the best classroom is the one that’s found on another continent. A delegation of 14 credit union representatives will spend next week in Brazil as part of theWorld Council of Credit Unions’ (WOCCU) [...]
Federal Communications Commission (FCC) Commissioner Michael O’Rielly said Thursday during public remarks that the FCC has an obligation to resolve many of the worthy Telephone Consumer Protection Act (TCPA) petitions that are currently pending. [...]
You’re having a bad day. That could affect the interactions you have with your colleagues. But if you understand your emotions and how they impact you, it might allow you to turn unpleasant interactions [...]
Credit union loan balances increased by 0.3% in March, an acceleration relative to the 0.1% February increase, but the slowest march increase since 2013, according to CUNA’s Monthly Credit Union Estimates for [...]
