The House and Senate are in Washington, D.C., this week, with the House to consider legislation on the floor, and the Senate to consider executive nominations. The Senate Commerce Committee will conduct a hearing [...]
Congress passed a bill to raise the federal debt ceiling and avert economic disaster. President Biden is expected to sign the bill shortly. CUNA’s analysis conclusively shows that a default on U.S. debt [...]
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s May Employment Situation: “The economy added 339,000 jobs in May, which was much higher than the consensus expectation, [...]
The economy and pressures on liquidity and noninterest income dominated discussions at the 2023 CUNA Finance Council Conference in Anaheim, Calif. This episode of the CUNA News Podcast features conversations from that event. It features: [...]
NCUA is designating June as Minority Depository Institution Awareness Month to enhance the public’s understanding of the vital work minority depository institution credit unions perform in underserved communities nationwide. “Service, opportunity, and financial security [...]
Congress is expected to vote this week on the debt ceiling deal reached over the weekend that would suspend the debt ceiling until Jan. 1, 2025. The House is expected to vote mid-week, followed by [...]
The editorial team of Credit Union Magazine is now accepting nominations for the 11th annual class of Credit Union Rock Stars. Credit Union Rock Stars are credit union professionals and volunteers who leverage their exceptional [...]
Credit union lenders must be an active part of advocacy, CUNA Senior Director of Advocacy and Counsel Elizabeth Sullivan told the American Credit Union Mortgage Association’s OnPoint podcast. She stressed the importance of credit [...]
Before long, remote work won’t exist. It will simply be “work.” “Virtual-first work,” as remote work expert Laurel Ferrar calls it, will become so normalized that it won’t even require discussion. This episode [...]
The Iowa Credit Union League (ICUL) has formed a new partnership with Credit Union Loan Source (CULS) to bring a low-risk, high quality loan participation program to state chartered credit unions in Iowa. “We are [...]
Roughly 450 finance leaders gathered in Anaheim, Calif., May 21-24 for the 2023 CUNA Finance Council Conference. Pressures on liquidity and noninterest income dominated discussion, as well as credit unions’ readiness for the current expected [...]
The Defense Credit Union Council (DCUC) prides itself on “speaking military.” For the past sixty years, DCUC’s mission has remained centered on championing the interests of its member credit unions dedicated to serving those [...]
Despite the Consumer Financial Protection Bureau (CFPB) labeling courtesy pay/overdraft protection programs as “junk fees,” some of the biggest proponents of these services are members, finance leaders say. “Our members are low income, and [...]
Credit unions and business partners came together to help raise over $59,000 for Children’s Miracle Network Hospitals (CMN Hospitals) at the Credit Union Miracle Day’s Annual Charity Golf Classic. More than 120 [...]
Communication style is biggest difference between generations in the workforce, and many employees find it difficult to communicate with co-workers not in their age group, according to Amanda Bardonner, vice president of strategic accounts at [...]
