NAFCU and several other financial services industry groups wrote Federal Reserve Chair Jerome Powell ahead of Wednesday’s Federal Reserve Board meeting on debit card interchange fees and routing under Regulation II. The groups urged [...]
It's no secret that interest rates have been changing a lot recently. During the pandemic, we experienced record-low interest rates. Over the last year though, rates have skyrocketed. The Federal Reserve even recently said that [...]
The Fraud Strategy team put all the tools to work to stop a recent large scale fraud attempt. Early detection tools empowered the team to prevent a fraud scheme that could have cost millions of [...]
You probably just read that title and had horrified flashbacks to high school mathematics, but don’t worry…there aren’t any complicated equations here. Bank and credit union brand trigonometry is quite simple to [...]
2023 saw the 14th year of the Credit Union for Kids (CU4Kids) Golf Classic, hosted by Tennessee credit unions, US Community and Enbright. Over the past fourteen years, the CU4Kids Golf Classic has raised over $[...]
Pot banking advocates are excited about what they believe is their best chance yet at a federal law that allows financial institutions to serve the marijuana businesses more easily. The Senate Banking Committee passed the [...]
Thank you for tuning in to episode 68 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought [...]
As member-owned-and-operated organizations, there’s no question that credit unions put community at the heart of everything they do. But not all members of American communities have equal access to financial services and education. Historically, [...]
Over the last several years, our industry has gone through a significant transformation including a global pandemic and major macroeconomic shifts. Today’s challenges are related to inflation and increasing interest rates, and credit unions [...]
Credit union loans outstanding increased 0.8% in August, compared to a 0.7% increase in July of 2023 and a 1.7% increase in August of 2022, according to CUNA's latest Monthly Credit Union [...]
The Senate Banking Committee Thursday heard directly from NCUA Board nominee Tanya Otsuka, who has been nominated to replace current Board Member Rodney Hood as his term expired in August. During the hearing, Otsuka outlined [...]
Many people turn to student loans to finance their higher education opportunities. But once you’ve taken out these loans, paying them off can be a difficult and stressful process. If you have student loans, [...]
Bank collapses, recession forecasts, and rising interest rates, oh my! If there’s anything we know for certain, it’s that uncertainty is here to stay. As much as we’ve tried to get back [...]
The credit union mantra of “people helping people” is needed more than ever in our world today. Whether it’s recovering from war, rebuilding after natural disasters, or simply helping communities get financially healthy, not-for-profit [...]
Consumers are accustomed to seamless, instant money movement in many of their digital interactions. Yet, lagging systems modernization at many financial institutions has created friction and opportunities for nonbank disruptors. To shed light on how [...]
