PODCAST: Culture, change, and the brain

PODCAST: Culture, change, and the brain

Bloomberg listed “behavioral scientist” as the top job of this decade because it’s so important to understanding human behavior as it relates to our daily habits, 99% of which are unconscious. The discipline combines [...]

Nussle, Stverak named top lobbyists

Nussle, Stverak named top lobbyists

CUNA President/CEO Jim Nussle and Deputy Chief Advocacy Officer Jason Stverak were named among The Hill’s top lobbyists for 2022. Nussle and Stverak were commended for demonstrating, “a track record of success in [...]

Relationships key to supervisory committee role

Relationships key to supervisory committee role

Ancin Cooley, principal of Synergy Credit Union Consulting, offered attendees several “outside-the-box” job responsibilities during his general session at the 2022 CUNA Supervisory Committee & Internal Audit Conference Tuesday in Las Vegas. Four responsibilities are: [...]

CUs willing to make smaller balance FHA loans, face barriers

CUs willing to make smaller balance FHA loans, face barriers

Credit unions are willing to make smaller balance loans that are less profitable compared to other financial institutions, CUNA wrote to the Department of Housing and Urban Development (HUD) Monday. HUD issued a Request for [...]

Build tomorrow’s supervisory committee: 6 directives

Build tomorrow’s supervisory committee: 6 directives

Credit union supervisory committees operate within an increasingly complex environment as financial services continue to evolve, says Michael Daigneault, CEO/co-founder at Quantum Governance. During the 2022 CUNA Supervisory and Audit Committee Conference, he offered [...]

Proposed CDFI Fund application would exclude ‘significant swaths’ of CUs

Proposed CDFI Fund application would exclude ‘significant swaths’ of CUs

The Treasury’s Community Development Financial Institutions (CDFI) Fund’s proposed certification application contains multiple provisions that would inappropriately exclude credit unions doing good work, CUNA wrote to the CDFI Fund Monday. “CUNA broadly supports [...]

Measuring consumers’ financial health

Measuring consumers’ financial health

Our latest Economic Update examines different ways to measure financial health and wellness, which is essential to our continued work bringing the credit union difference to more people and communities. The Financial Health Network estimates [...]

CUNA economics: November jobs report shows resilience

CUNA economics: November jobs report shows resilience

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s November Employment Situation: “The November employment report showed that the labor market is still strong despite rising interest rates [...]

PODCAST: Climate risk and ESG

PODCAST: Climate risk and ESG

Climate change poses long-term risks to financial institutions’ safety and soundness, as well as possible physical threats in the near term. The former include the increased threat of wildfires in the West and severe weather [...]

FTX collapse shows need for comprehensive crypto framework

FTX collapse shows need for comprehensive crypto framework

Recent failures of cryptocurrency and blockchain based financial platforms have demonstrated that an unregulated, unsupervised structure is not viable and poses serious risks to consumers and the economy, CUNA wrote to the Senate Agriculture Committee [...]

Credit unions face systemic challenges refinancing small loans

Credit unions face systemic challenges refinancing small loans

Credit unions are consistently willing to refinance small balance loans, but face systemic challenges to refinancing those loans, CUNA wrote to the Consumer Financial Protection Bureau (CFPB) in response to its Request for Information on [...]

‘Happy family!’

‘Happy family!’

This fall, I attended the 22nd Savings and Credit Cooperatives Associations Congress in the Kingdom of Eswatini in southern Africa. I represented CUNA at the invitation of the African Confederation of Co-operative Savings and Credit [...]

CDFI Fund should simplify report requirements, align deadlines

CDFI Fund should simplify report requirements, align deadlines

CUNA joined other community development organizations in a letter to Treasury’s Community Development Financial Institutions (CDFI) Fund calling simplified reporting requirements. The comments were sent in response to a request for feedback on the [...]

Thankful for the credit union movement

Thankful for the credit union movement

CUNA, Leagues, and credit unions have plenty on our plate to close out 2022, including putting the finishing touches on an advocacy agenda for next year.  There’s also a lot to be thankful for. [...]