The Congressional Research Service can provide a breakdown of complaints filed with the Consumer Financial Protection Bureau by congressional district, the CRS said in anew report. Members of Congress and…
Recently, I have observed several credit unions make hiring mistakes for key executives, including CEOs. The disruption these “hasty hires” cause is palatable. In one situation, a CEO who lacked…
TheTreasury Department’s new initiatives to promote financial inclusion and responsible lending should benefit credit unions so long as the industry engages Treasury to express its views. According to theWorld Bank,…
Human resourcesdepartments rely heavily on document-driven processes to get work done. To streamline processes and free up time, many organizations choose to automate their HR processes with an enterprise content…
Credit unions met with Federal Reserve Vice Chair Philip Jefferson Monday to discuss a range of policy priorities to help credit unions increase service to members and communities. America’s Credit…
Publisher’s Note: CUInsight and Greenlight Financial Technology invite credit union leaders to join our upcoming free webinar on Wednesday, February 14th titled, “Engage and Empower: How Power Financial CU successfully…
Navigating the world of credit cards and building credit responsibly as a college student may seem a little daunting at first. However, even a surface-level grasp of their basic features…
New years and fresh starts always seem so great. We get a “clean slate.” The chance to start off on the right foot. And it feels like we have all…
Former Consumer Financial Protection Bureau Director Kathleen Kraninger has joined the advisory committee atFriends of Traditional Banking, a fervent anti-credit union super Political Action Committee. Kraninger, who served as CFPB…
The California and Nevada Credit Union League is the largest state trade association for credit unions in the United States, serving more than 13.8 million members. For 90 years, the…
The US economy is in a tricky spot. To close out 2023,fourth quarter GDPmeasured at a robust 3.3% annual growth rate, butinflationremains above the Fed's desired 2% target, so the…
According to theJ.D. Power 2023 U.S. National Banking Satisfaction Study℠, higher interest rates created some momentum last year among customers opening more products with their primary bank, especially CDs. But…
America’s Credit Unions’ Madison Rose and Andrew Morris met with NCUA Director of Financial Technology and Access Charles Vice Friday, part of the association’s ongoing engagement with policymakers. The Office…
U.S. stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the economy,…
Accountable.US, a progressive government watchdog group, launched on Thursday a high-profilead campaignintended to support the Consumer Financial Protection Bureau’s proposed overdraft rule. The progressive group’s ads are one part of…
The early 2020s were defined by extreme fintech spectacles. Before the criminal meltdown of FTX, there was the meme stock explosion. In January 2021, with no warning, stocks for companies…
Person-to-person fraud is on the rise every day. 53% of Americans have already become victims of digital payment fraud,1and 48% expect to be a victim of cyber scams in the…
Scott Burt, CPA, is an accomplished leader with a remarkable track record as a board member and a CEO at organizations that are renowned for helping others. Burt’s dedication to…
The NCUA released an addendum to itsOther Supervisory Committee Audit, Minimum Procedures GuideThursday, replacing certain procedures for credit unions that have implemented the current expected credit loss (CECL) standard. CECL…
Fostering a culture of belonging Employee burnout is a pervasive issue affecting organizations across various industries, and credit unions are no exception. The financial sector demands high commitment, attention to…
Credit unions do not deserve—and the U.S. cannot afford—the credit union tax exemption, Scott Hodge, president emeritus and senior policy advisor at the Tax Foundation, wrote in a scathing report…
In the past month, the NCUA has approved two different mergers to take place. While this may seem like nothing new or exciting, both merger approvals noticeably took place without…