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. [...]

Foundation research shows how to increase sense of financial well-being

Foundation research shows how to increase sense of financial well-being

A new report published by the National Credit Union Foundation (the Foundation) shows that credit unions can measurably increase their employees’ financial well-being through initiatives as simple as a prompting email. The Foundation’s Start [...]

Nominate a 2023 Credit Union Hero

Nominate a 2023 Credit Union Hero

Credit Union Magazine is seeking nominations for the 2023 Credit Union Hero Award. The 2023 Credit Union Hero of the Year will be selected via online poll by the readers of Credit Union Magazine. Submit [...]

And the CUNA National Award winners are…

And the CUNA National Award winners are…

Our National Awards Committee announced the 2022 award recipients this week. Each year state Leagues help the committee to identify credit unions and organizations for the: Dora Maxwell Social Responsibility Award, which honors credit unions [...]

Share insurance fund reports $26.2M net income in 3Q

Share insurance fund reports $26.2M net income in 3Q

The NCUA board received an update on the National Credit Union Share Insurance Fund (NCUSIF) for the quarter ending Sept. 30 at its board meeting Thursday. The share insurance fund reported a net income of $[...]

Nussle: New Congress brings new CU opportunities

Nussle: New Congress brings new CU opportunities

The new Congress brings new opportunities for credit unions and members, CUNA President/CEO Jim Nussle wrote in CUInsight Wednesday. Nussle noted the 118th Congress will feature a credit union majority, and CUNA, Leagues, and [...]

Lessons from a rover

Lessons from a rover

Spacecraft have been going to Mars since the 1960s, but the question remains whether life ever existed on the Red Planet. In order for NASA scientists to seek that answer, they had to remember to [...]

Text message blocking rule must not impede legitimate messages

Text message blocking rule must not impede legitimate messages

The Federal Communications Commission’s (FCC) illegal text message blocking proposal should not affect legal texts from credit unions and other financial institutions, CUNA and other organizations wrote to the agency. The comments were sent [...]

CUNA names 2022 Maxwell, Herring, Desjardins national award winners

CUNA names 2022 Maxwell, Herring, Desjardins national award winners

CUNA National Awards Committee announced the 2022 recipients of the Dora Maxwell Social Responsibility Community Service Award, Louise Herring Philosophy-in-Action Member Service Award, and Desjardins Awards for Financial Education. State Leagues across the nation select [...]