When it comes to bank or credit union success, simplicity wins
“Simplicity is the ultimate sophistication.” — Leonardo da Vinci It’s easy to fall into the “complexity trap.” We think if something is complex, it must work well. The more complex…
“Simplicity is the ultimate sophistication.” — Leonardo da Vinci It’s easy to fall into the “complexity trap.” We think if something is complex, it must work well. The more complex…
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 the2024 event lineup. All credit union…
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…
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…
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…
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…
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…
On November 28, 2023, the Consumer Financial Protection Bureau (CFPB)announceda $12 million civil penalty and the filing of aconsent orderagainst 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…
CUNA Deputy Chief Advocacy Officer for Federal Government Affairs Jason StverakspokewithCBS21on credit unions' efforts against the big box interchange bill and how it would negatively impact everyone except the biggest…
The Federal Open Market Committee (FOMC), the monetary policy-setting arm of the federal reserve, begins its final two-day meeting of 2023 today. Ahead of the discussion around the state of…
The pressure to deliver immediate results has led many marketers to focus on short-term activation strategies and less on brand building. Balancing short-term activation with long-term brand investment is crucial…
“I guess people used to think my music was noise.” Toward the end of his career the “King of Swing” Benny Goodman was due to record at a studio. Just…
Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans and personal loans. However,…
“Fired up and ready to go” is not just for political campaigns any more.According to a new survey from Ernst & Young, that sentiment aptly describes the attitude of a…
“May the odds be ever in your favor.”In today’s hyper-competitive environment, this is not the catchphrase most leaders are experiencing.It takes more than good luck to lead today.It takes choices…
At the heart of the credit union movement are the Cooperative Principles, which encourage credit unions to place value on “Cooperation Among Cooperatives”, among seven other principles. Credit unions serve…
Featuring our favorite guests from 2023, join The Allied Angle team as we look back at the top moments from our inaugural season, including discussions around the liquidity crisis, optimism…
CUNA Senior Director of Advocacy and Counsel Elizabeth Sullivanposted initial analysisof the Community Development Financial Institution (CDFI Certification Application on CUNA’s Compliance Community. While it will take weeks to dig…
New data from the Bureau of Labor Statistics revealed 199,000 jobs were added in November. Gains in October remained the same and September was revised down 35,000. NAFCU Chief Economist…
In a post-Covid world, where consumers and members are used to not carrying cash and are instead using their debit and credit cards for most transactions, have you considered educating…
It was great to meet with League leaders this week in Dana Point, Calif., for the American Association of Credit Union Leagues (AACUL) Winter Conference. As you can imagine, there…
Some semblance of a buyer's market in real estate could finally be on the way in 2024, bringing to a close a year of low inventory and record high prices.…
Adding universal bankers to the branch staff is a trend that took off more than a decade ago. Yet banks and credit unions still struggle with limitations that keep them…