Accountable.US, a progressive government watchdog group, launched on Thursday a high-profile ad campaign intended to support the Consumer Financial Protection Bureau’s proposed overdraft rule. The progressive group’s ads are one part of [...]
The early 2020s were defined by extreme fintech spectacles. Before the criminal meltdown of FTX, there was the meme stock explosion. In January 2021, with no warning, stocks for companies long-presumed moribund — such as GameStop [...]
Person-to-person fraud is on the rise every day. 53% of Americans have already become victims of digital payment fraud,1 and 48% expect to be a victim of cyber scams in the future. Digital payment [...]
Scott Burt, CPA, is an accomplished leader with a remarkable track record as a board member and a CEO at organizations that are renowned for helping others. Burt’s dedication to the credit union movement [...]
The NCUA released an addendum to its Other Supervisory Committee Audit, Minimum Procedures Guide Thursday, replacing certain procedures for credit unions that have implemented the current expected credit loss (CECL) standard. CECL became effective for [...]
America’s Credit Unions formed January 1st of this year following the member-approved merger of the Credit Union National Association and the National Association of Federally-Insured Credit Unions. Just days into the New Year, the [...]
There is a misconception that leadership skills only need to be developed in people who manage other people. A parallel myth is that being able to lead is an innate quality that only the lucky [...]
As a leader or a team member, understanding the core elements that drive exceptional teams is crucial. Here's a 10-step framework to help you build a high-performance team capable of navigating complex business environments and [...]
Fostering a culture of belonging Employee burnout is a pervasive issue affecting organizations across various industries, and credit unions are no exception. The financial sector demands high commitment, attention to detail, and often long working [...]
Credit unions do not deserve—and the U.S. cannot afford—the credit union tax exemption, Scott Hodge, president emeritus and senior policy advisor at the Tax Foundation, wrote in a scathing report issued this [...]
In the past month, the NCUA has approved two different mergers to take place. While this may seem like nothing new or exciting, both merger approvals noticeably took place without a vote from the credit [...]
Banks and credit unions have been watching Apple move further and further into the financial services business for over a decade now. Even after all that time, the question remains: Does Apple want to be [...]
As the cybersecurity threat grows larger and more sophisticated, control of credit union strategies is passing out of the hands of local managers and moving to national and international regulatory and law enforcement agencies and [...]
While the Federal Reserve kept interest rates unchanged Wednesday, there’s a tone shift happening and a chance that the first rate cut in four years could be announced in March. Officials on the rate-setting [...]
America’s Credit Unions President/CEO Jim Nussle highlighted the credit union industry’s investment in payment technologies and the role of interchange in fraud prevention in a letter to the Senate Banking Committee (SBC) [...]
