The House passed a resolution of disapproval for the Consumer Financial Protection Bureau’s section 1071 rule Friday. The Senate passed the resolution in October and it will now head to President Joe Biden’s [...]
Credit union leaders looking to take their institutions to the next level can now register for the 2024 CEOs and Senior Executives Conference focused solely on providing the insights and strategies needed to thrive. The [...]
If volts are replacing gallons in the car world, does that change auto lending for credit unions? Electric vehicles are coming on strong, says Bob Child, chief operating officer of Origence, a CUES Supplier member [...]
Credit unions have been around for over a century and have played a vital role in providing financial services to consumers. However, the financial services industry has undergone a significant transformation in recent years, and [...]
We’re continuing the pressure against the big box interchange bill as Congress heads into the final weeks before the holiday break. Credit unions have known since before the Durbin Amendment that government price controls [...]
After decades of spray-and-pray marketing, financial institutions find themselves at a pivotal inflection point. “We’ve transformed from the Mad Men era to hyper-personalization at scale today,” observes Allison Cerra, chief marketing officer at digital [...]
In this day and age, most business leaders recognize that their data is among their most valuable assets. For financial institutions, data can provide strategic insights to support a variety of important business functions across [...]
Technology, changing consumer behaviors, and growing fintech competition are driving significant changes across the financial services industry. As they fall under increasing pressure to preserve profits and their deposit base, credit unions need new tools [...]
Implementing Business Continuity Planning (BCP) is crucial for credit unions to ensure uninterrupted services and safeguard the interests of their members in the face of various disruptions. Below are 11 ways to start Business Continuity [...]
July 2023 brought with it the exciting announcement by the Federal Reserve that its new and highly anticipated FedNow service went live. In keeping with today’s instant-gratification economy and culture, FedNow enables virtually any [...]
CUNA Vice President of Diversity, Equity, and Inclusion (DEI) Samira Salem hosted a panel discussion Thursday on the present and future of DEI, part of United in Sustainability’s sixth annual summit for credit unions. [...]
CFPB Director Rohit Chopra appeared before the House Financial Services Committee Wednesday and will appear before the Senate Banking Committee today to deliver the bureau’s semi-annual report to Congress. During Wednesday’s hearing, Chopra [...]
Our guest connected his love of helping and being around people to his career in banking, and the work he has done for the community is astonishing. Neil Stevens, President and CEO at Oconee State [...]
The severity of a liquidity crunch for digital lenders cannot be overstated, as it poses significant challenges to their operations and the broader financial ecosystem. When liquidity becomes scarce, it can lead to a vicious [...]
Credit utilization basics Your credit utilization ratio is a percentage of how much credit you’re using compared to your total credit limit. It’s an important credit score factor, so knowing how to calculate [...]
