The World Council of Credit Unions’ International Advocacy and International Projects’ teams scored a major victory this week when the Ukrainian Parliament overwhelmingly approved the first reading of a new draft law on credit unions. [...]
I have been a credit union member since I opened my first account in 2005 at the age of 13. I had little choice in the matter: My father served on the board of directors [...]
CUNA Chief Economist and Deputy Chief Advocacy Officer for Policy Analysis Mike Schenk interviews Vice President of Diversity, Equity, & Inclusion at CUNA Samira Salem in this month’s Economic Update video. Salem discusses the [...]
I accidentally fell into the credit union movement. I started my financial career as a teller for a commercial bank right out of high school. When my position as assistant manager was eliminated due to [...]
The U.S. Credit Union System Digitization Working Group, led by CUNA Executive Vice President and Chief Engagement Officer Greg Michlig, released a purpose statement Thursday. The group includes 41 credit union system leaders from [...]
CUNA joined several organizations Wednesday to encourage Congress to carefully assess the costs and benefits of imposing a new level of data collection to the tax reporting structure. President Joe Biden’s FY22 budget proposal [...]
I am a reformed banker and was doing commercial lending for a community bank in southeast Wisconsin. An old middle school friend was the financial analyst at Guardian Credit Union in Oak Creek, Wis., and [...]
The Consumer Financial Protection Bureau (CFPB) recently issued sets of frequently asked questions on Electronic Fund Transfer Act and Regulation E requirements, as well as servicing escrow accounts under Regulation X. The Regulation E FAQs [...]
The Federal Communications Commission (FCC) should maintain a standardized requirement for voice service providers to provide notifications of blocked calls, CUNA and other organizations said in comments filed with the FCC. The comments were filed [...]
Federally insured credit unions reported net income growth of $11.3 billion, or 134.9%, over the year ending in the first quarter of 2021, according to the latest financial performance data released by NCUA. [...]
Small lender access to the secondary mortgage market is vital to ensuring the housing finance market benefits consumers, CUNA Senior Director of Regulatory Advocacy and Counsel Elizabeth LaBerge told a Federal Housing Finance Agency (FHFA) [...]
A credit union's greatest asset is not a line item on the balance sheet -- it is our employees. When it comes to attracting and retaining the very best individuals, credit unions need competitive employee [...]
CUNA Finance Council recognized its best and brightest via five awards presented at the recent CUNA Finance Council Virtual Conference, May 18-20. The winners and their accomplishments will be featured in an upcoming issue of [...]
At Zogo, many of our employees are in their early to mid-20s. Since we’re building a financial literacy app for Generation Z, it made sense for our team to be young and able to [...]
Comments on NCUA’s proposed temporary changes to Prompt Corrective Action (PCA) regulations are due in June. NCUA announced the changes last month, following months of CUNA-League engagement on pandemic-related PCA flexibility. The first proposed [...]
