Credit union CEO to testify at overdraft hearing this week

Credit union CEO to testify at overdraft hearing this week

The House and Senate are both in session this week. The House will consider, under suspension of the rules, retirement and cannabis related legislation, while the Senate will resume consideration of H.R. 4521, the [...]

Ukraine invasion hits home

Ukraine invasion hits home

The war in Ukraine hits home for many Selfreliance Federal Credit Union employees and members. The Ukrainian founders of the $800 million asset credit union in Chicago were displaced by World War II. Now, the [...]

Bias in appraisal system hinders credit union mission

Bias in appraisal system hinders credit union mission

Systemic bias in the home appraisals exacerbates the homeownership gap, racial wealth gap, and harms long-term U.S. financial security, CUNA wrote to the Senate Banking, Housing and Urban Affairs Committee Thursday. The committee conducted [...]

NCUA

NCUA issues risk alert on potential Ukraine-related cyberattacks

NCUA issued a Risk Alert (22-RISK-01) on the heighted risk of social engineering and phishing attacks that comes with the conflict in Ukraine. According to NCUA, there are raised concerns over potential cyberattacks in the [...]

DoubleCheck Solutions honored with Best in Show award at CUNA GAC

DoubleCheck Solutions honored with Best in Show award at CUNA GAC

DoubleCheck Solutions, a fintech company addressing outdated non-sufficient funds (NSF) and overdraft practices with practical software solutions, was presented with the CUNA Technology Council’s Best of Show Award at the 2022 CUNA Governmental Affairs [...]

‘I didn’t get here alone’

‘I didn’t get here alone’

Donna Bland views Women’s History Month as a time to reflect on the women who came before her, fighting for civil rights, saving lives, breaking barriers, and overcoming obstacles. “I also think about the [...]

Fraud shifting as online activity increases

Fraud shifting as online activity increases

Experian’s Future of Fraud Forecast revealed five expectations for 2022. The predictions stem from the fact that the worldwide digital transformation has led to a rapid increase in fraud, with the forecast saying, “fraudsters [...]

Successes in credit union marketing and business development honored

Successes in credit union marketing and business development honored

Award winners were honored for their achievements in marketing and business development during the CUNA Marketing & Business Development Council Conference, March 9-12, 2022. The winners and their accomplishments will be featured in an upcoming [...]

CUs support efforts to protect seniors, serve underserved

CUs support efforts to protect seniors, serve underserved

CUNA strongly supports efforts to help seniors avoid financial exploitation and to encourage responsible decisions regarding financial management, it wrote to the Senate Special Committee on Aging Wednesday. The committee conducted a hearing on building [...]

Podcast: Innovation through collaboration

Podcast: Innovation through collaboration

Credit union service organizations (CUSOs) have elevated the credit union value proposition for nearly 50 years, allowing credit unions to leverage collaboration to foster growth and provide a wider range of services. In this episode [...]

Arbitration ban could prevent access to financial services

Arbitration ban could prevent access to financial services

Limiting access to arbitration could deprive consumers of an efficient means to resolve legal disputes, CUNA wrote to House leadership Wednesday. The House is considering CUNA-opposed legislation to effectively ban arbitration provisions in private contracts. [...]

American Heritage CEO supports Ukrainian credit unions

American Heritage CEO supports Ukrainian credit unions

A pair of longtime credit union leaders are spending the week in Europe supporting Ukrainian refugees and credit unions. Bruce Foulke, president/CEO of $3.6 billion asset American Heritage Credit Union in Philadelphia, traveled [...]