Community Development Financial Institution-certified credit unions are key to achieving the mission of the CDFI movement, CUNAwroteto the Senate Banking, Housing, and Urban Affairs Committee Tuesday. The committee conducted a…
A group of Senate Republicans, led by Senate Banking Committee Ranking Member Tim Scott, R-S.C.,sent a letterto Federal Housing Finance Agency (FHFA) Director Sandra Thompson over the weekend raising concerns…
In the ever-competitive landscape of indirect lending, credit unions are constantly seeking ways to enhance their operational efficiency, improve member satisfaction and solidify their position as reliable auto financing sources.…
On the surface, the differences between running a bank and running a credit union seem very similar. However, for the Board of Directors to select the right executive to lead…
If you’re worried about being scammed, it’s not because you’re paranoid. Scammers are the zombie apocalypse of the financial world. They’re relentless, they seem to be everywhere, and even if…
Overall, the financial sector appears well positioned for an economic downturn. Arguably, the predicted recession has been one of the most forecasted in economic history. As such, financial institutions have…
What credit unions have known all along federal regulation may now agree: For too many years, medical debt and collections have weighed heavy on consumers and members credit scores. Due…
Both chambers of Congress are in Washington, D.C., this week. The House may hold a vote for speaker this week, but no floor or committee action has been announced for…
In response to another attack from bankers questioning the credit union industry’s tax exemption and motives, NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussleset the…
Social media video is all the rage nowadays. TikTok is maybe the best example of the social media video craze, but it’s not the only one. Instagram has reels. YouTube…
Last month we co-hosted awebinar for credit union leaderscovering what they should know about outsourcing a credit card program and what to consider when seeking a partner. Here are five…
Interest rates are up, banking brand trust is down, and credit unions need to concentrate on making 2024 a year of innovation and growth. To get there, prioritizing loan growth…
The Consumer Financial Protection Bureau (CFPB) was on the hot seat in the Supreme Court October 3 as oral arguments in the case challenging its constitutionality and funding began. In…
TheDigital Banking Reporthas consistently found that financial institutions rank improving the customer experience as the top strategic imperative that will drive success in the future. Yet, in spite of this…
78% of Americans are concerned about sharing their personal information online, according to our Q2 2023Consumer Pulse survey. And it’s with good reason — that same survey found that 42%…
While the capabilities of intelligent content capture can be robust, it’s not always easy to identify where and how to use this tool effectively. Below are a few use cases…
For over 60 years, DCUC has successfully advocated for all credit unions serving our military and veteran communities across the globe. No other trade association accomplishes this important mission quite…
The historic growth of the Hispanic community in the U.S. requires innovative products, services, and marketing to meet their needs and values. Learn more about how credit unions are serving…
On a seasonally-adjusted basis, overall consumer prices rose 0.4 percent in September, with the overall consumer price index (CPI) rising 3.7 percent year-over-year. NAFCU Economist Noah Yosif analyzed the data…
Plans to introduceopen banking in Canadaare moving ahead in low gear, and there are no signs the federal government is likely to speed things along. It’s been five years since…
Over the years, Apple’s retail hubs have become more than just another store: It’s an experience so central to the brand that it is a product of its own. That…
This week we wrapped up our third forum on the proposed merger, and I want to thank everyone who attended, submitted a question, or shared an idea over the past…
Facing rising interest rates, financial institutions have shifted their efforts from lending to deposits. Meanwhile, the market has become increasingly saturated with attractive offers and flashy interest rates. Neobanks are…
What in your daily life makes you feel fulfilled? Motivated? Happy? Are you tapping into those passions to make a difference? These can be tough questions. And finding the right…