Raquel Juarez brings 20 years of experience and a diverse skill set to Arbor Financial Credit Union in Kalamazoo, Mich. The new senior commercial lender, who was hired this summer at the $850 million asset [...]
Five credit union-friendly candidates won their primary races in Delaware, New Hampshire and Rhode Island Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 333 credit union proponents this cycle with a [...]
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s August Consumer Index Report: “The headline inflation increased slightly by one-tenth of a percentage point in August after staying [...]
CUNA and the National Sheriffs’ Association (NSA) have entered into a strategic collaboration agreement in support of the NSA’s Inmate Growth Naturally and Intentionally Through Education (IGNITE) program, which helps incarcerated people obtain vital [...]
A bill introduced in Congress that would allow merchants to bypass established secure payment networks and instead route payments through an unaffiliated network has drawn concerns from CUNA, leagues, and credit union leaders. “The so-called [...]
The 11th Circuit Court of Appeals vacated the plaintiff’s standing Thursday in Hunstein v. Preferred Collection and Management Services Inc., a Fair Debt Collection Practices Act (FDCPA) lawsuit. CUNA filed a brief stating that [...]
The Senate returned to Washington, D.C., this week and the House will be back next week, marking the end of August recess. There’s a shortened Congressional calendar for the remainder of the year [...]
The Treasury’s Community Development Financial Institutions (CDFI) Fund issued CUNA-requested supplemental guidance Thursday for CDFIs currently in a certification cure period. CUNA and engaged with the CDFI Fund in recent months over CDFI credit [...]
Total loans outstanding in federally insured credit unions increased $194 billion, or 16.2%, over the year ending in the second quarter of 2022, to $1.39 trillion, according to NCUA's latest financial performance data. [...]
You’ve either heard about it from your peers or experienced it first-hand: turnover in credit union board and committee positions is high. How high? Nearly 50% of credit union boards turn over every five [...]
Low-income credit unions can get valuable advice on applying for Community Development Revolving Loan Fund grants and loans during a Sept. 14 webinar. Online registration for this webinar, “How to Get a Winning Grant/Loan,” [...]
Our latest Economic Update examines the unprecedented credit union loan growth that we’re seeing, especially in auto lending. CUNA Chief Economist Mike Schenk details how and why credit union lending is higher than our [...]
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s August Employment Situation: “The U.S. economy added 315,000 jobs in August with gains across several industries. The [...]
Consumers are demanding faster, more convenient services, requiring every industry to adjust. In a survey of financial organization leaders conducted by Microsoft and WBR Insights, 73% of respondents say 50% or more of their customers’ [...]
More than 400 executives, young professionals and change agents reunited, reignited and recharged at the African-American Credit Union Coalition’s (AACUC) 24th Annual Conference at St. Pete Beach, Fla. The weeklong event, sponsored by Trellance, [...]
