Despite year-to-year growth in overall membership and total assets for the global credit union movement, World Council of Credit Unions’ (WOCCU) 2021 Statistical Report shows major gaps in key product and service offerings have resulted [...]
The Credit Card Competition Act puts credit union service to its members and communities in jeopardy, wrote Dade County Federal Credit Union President/CEO George Joseph in The Floridian Friday. Joseph, whose credit union serves [...]
A group of Spokane, Wash.-area credit unions recognizes International Credit Union Day each year with a combined volunteer effort. The 2022 community project saw 19 credit unions partner with Habitat for Humanity-Spokane to build [...]
Credit unions around the world celebrated International Credit Union Day and its theme—Empower Your Financial Future with a Credit Union—on Thursday. Leagues, credit unions and members flooded social media by sharing their stories, [...]
Michigan Credit Union League President/CEO Patty Corkery appeared on Good Day Northern Michigan earlier this month to talk about the credit union difference and more. Corkery started by illustrating the credit union difference and [...]
Credit unions around the world are recognizing and celebrating International Credit Union (ICU) Day on social media Thursday. The theme of the 74th annual event—hosted by CUNA, American's Credit Unions, and the World Council [...]
NCUA should be laser-focused on budgetary discipline, CUNA Deputy Chief Advocacy Officer Jason Stverak told the agency Wednesday at its 2023-24 budget briefing. NCUA’s proposed combined 2023 staff draft budget is $367.0 million, [...]
Stock market swings, shifting energy pricing and interest-rate spikes are converging to create a complex economic landscape. Stacking that atop the aftermath of a pandemic that led to widespread employee burnout and the uncertainty of [...]
CUNA joined other organizations in a letter to the Consumer Financial Protection Bureau (CFPB) urging it to publish a notice and request for comment that would “permit meaningful public comment on any proposal amending credit [...]
CUNA filed an amicus brief on behalf of Golden 1 Credit Union in a lawsuit, Burgardt v. The Golden 1 Credit Union. At issue is whether Golden 1 Credit Union can compel the plaintiff to [...]
The CUNA-League system is the most credible trade association across all industries in Washington, D.C., according to Ballast Research, a top research firm that measures advocacy effectiveness. Ballast Research found that we maintained or [...]
Credit union lending growth exceeded expectations in the first half of 2022. For example: Unprecedented loan growth: CUNA Chief Economist Mike Schenk had projected credit union loan growth at 8%, but mid-year data showed loans [...]
CUNA strongly supports the goal of facilitating responsible innovation and FHFA’s efforts to identify barriers and challenges in implementing fintech in the housing finance ecosystem. CUNA sent comments in response to an FHFA request [...]
CUNA Strategic Services (CSS) announces the selection of Tetto 5G as an alliance partner, assisting credit unions by sourcing, negotiating and securing long-term lease agreements with major wireless carriers seeking to deploy the latest 5G [...]
CUNA and League-opposed interchange amendments were not part of the amendments ultimately included in the draft Senate FY23 National Defense Authorization Act (NDAA) this week. The Senate is expected to vote on the NDAA next [...]
