Credit union loans increased 2.3% in May
Credit union loans outstanding increased 2.3% in May, compared to a 1.9% increase in April of 2022 and a 0.8% increase in May of 2021, according to CUNA's latest Monthly Credit Union [...]
America’s Credit Unions News Archives
Video: Combating fraud
Randy Romes, principal at CliftonLarsonAllen, provided insights on fraud prevention during an interview at CUNA Management School. He provides an update on the latest developments in social engineering and offers advice on how to create [...]
S.C. governor signed League-backed bill into law
South Carolina Gov. Henry McMaster signed H. 3279, a Carolinas Credit Union League-backed bill, into law. H. 3729 combats the predatory practice of bad actors in the towing industry who do not send proper notice [...]
PODCAST: Field-of-membership modernization
Field-of-membership (FOM) modernization is all about removing barriers and creating opportunities for consumers and businesses. It’s a top priority for the CUNA-League advocacy team because language modernizing federal credit unions’ FOM regulations would allow [...]
1,600 credit union attendees from 51 countries attend 2022 WCUC
The 2022 World Credit Union Conference concluded Wednesday with a Scottish-themed closing party that put the finishing touches on a spectacular four-day event at the Scottish Events Campus. More than 1,600 credit union professionals [...]
Credit union-backed candidates win in Maryland Tuesday
Credit union champions defended their seats against primary challengers in congressional races throughout Maryland Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 222 credit union proponents this cycle with a 98% [...]
World Council board names Diana Dykstra new chair
World Council of Credit Unions (WOCCU) announced Diana Dykstra, president/CEO of the California and Nevada Credit Union Leagues, as its new Board Chair on day three of the 2022 World Credit Union Conference. Dykstra [...]
McCarter LaBorde identifies strengths, challenges in WCUC address
World Council of Credit Unions (WOCCU) President/CEO Elissa McCarter LaBorde identified the strengths of the global credit union industry and issued some challenges to its leaders in her inaugural “State of the Movement” address [...]
House passes NDAA w/ SAFE Banking, CLF extension
The House passed the FY23 National Defense Authorization Act late Thursday with several CUNA-supported provisions. The bill includes the Secure and Fair Enforcement (SAFE) Banking Act, extends CARES Act Central Liquidity Facility flexibility, and includes [...]
Investing in credit union boards
So much of what we do as a movement starts at the board level. Credit union boards are instrumental in setting the direction of your credit union and how it serves your community. They’re [...]
Board governance modernization would provide needed flexibility
The Credit Union Board Modernization Act (H.R. 6889) would free up credit union resources to better serve members, CUNA wrote to bill sponsors Reps. Juan Vargas, D-Calif., and Anthony Gonzalez, R-Ohio, this week. The [...]
PODCAST: Making financial education fun
The key to financial education is engagement. Participants learn best when they can apply information to real-life situations that provide understanding and feedback. That’s especially true in a digital environment that competes with social [...]
CUNA research: Inflation sets another record
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s June Consumer Index Report: “Prices jumped to another record high in June, coming in at 9.1% year-over-year, which [...]
Polish, American credit unions purchase Ukrainian relief ambulances through support fund
A group of American and Polish credit union leaders have joined forces to create a support fund through Polish credit unions delivering relief and economic stability for Ukrainian refugees in Poland. The proceeds of the [...]
Get ready to share your #ilovemycreditunion story
Credit union champions are taking to social media on Friday, July 29, to tell the world why they love their credit union. The Illinois Credit Union League is back again this year with another social [...]