Credit unions, like any other financial institution, are not immune to malicious cyber threats. These threats continue to evolve, putting sensitive member information and transactions at risk. As such, credit unions must remain vigilant and [...]
Financial inclusion matters, but financial resilience matters even more. We hear the testimonials over and over again about credit unions changing lives, and the People Helping People credit union philosophy. Especially for many smaller credit [...]
The holiday season is upon us and many of us are getting into the holiday spirit by making plans with family, putting up decorations, and choosing our favorite recipes. I get into the holiday spirit [...]
As members of CUNA and NAFCU last month approved the merger of the two organizations to form America’s Credit Unions, the associations have released the 2024 event lineup. All credit union members can attend [...]
On a seasonally-adjusted basis, overall consumer prices rose 0.1 percent in November, with the overall consumer price index (CPI) falling to 3.1 percent year-over-year. NAFCU Vice President of Research and Chief Economist Curt [...]
Join NCUA Vice Chairman Kyle Hauptman for a deep dive into field of membership, including a recent proposed rule regarding survivorship, the federal charter versus state charters, digital banking and FOM, and how innovation may [...]
US markets soared higher on Wednesday afternoon following the Federal Reserve’s final policy decision of the year. The Dow rose 1.4%, closing at 37,090.24 and blazing past its previous record high [...]
The report: Retail Lending: Risk Management of “Buy Now, Pay Later” Lending Published: December 2023 Source: Office of the Comptroller of the Currency (OCC) Why we picked it: No matter your personal feelings about buy [...]
Heading into the final months of 2023, it’s important for credit unions and their leadership teams to have a firm understanding of the large trends in the automotive industry. Staying current on industry trends [...]
On November 28, 2023, the Consumer Financial Protection Bureau (CFPB) announced a $12 million civil penalty and the filing of a consent order against Bank of America, N.A. (BoA) for allegedly reporting false mortgage [...]
‘Tis the season to be jolly! Unfortunately, though, not everything about the holiday season is all happy and nice. As always, scammers are on the scene, ready to turn the joyous season into a nightmare. [...]
Debit cards are increasingly vital in the financial landscape, especially for credit unions. As cash usage declines and competition for members' loyalty intensifies, credit unions must make strategic choices regarding payment networks and card programs. [...]
Electronic Bill Presentment and Payment (EBPP) is impactful for all financial institutions, but is especially so for credit unions. This technology not only streamlines billing processes but also profoundly impacts member engagement and satisfaction. In [...]
The year is winding down and the holidays are finally here! Along with being the season of good cheer, it's also the tail end of yearly marketing budgets for most everyone in the financial industry. [...]
Winter presents challenges to business owners, like power outages, frozen pipes and uncomfortable workplace temperatures. The good news is it’s possible to keep productivity consistent and run a company as usual this season with [...]
