Syndicated

Like most markets these days, the mortgage industry is facing considerable economic headwinds as high inflation and the threat of a recession make it difficult to pin down—let alone lower—mortgage…

In today's ever-changing economic landscape, credit unions face the challenge of managing interest rate risk while meeting the needs of their members, especially their commercial members. With interest rates fluctuating…

Your credit union’s Board of Directors can either be your biggest asset or your biggest liability. But making the Board into an asset is easier said than done. Credit unions…

Federal regulatory agencies—including NCUA and the Consumer Financial Protection Bureau (CFPB)—released the latest Unified Rulemaking Agenda with several items of interest for credit unions. The agenda includes actions the agencies…

I am so excited to celebrate Pride Month! We have a lot of activities planned here at PSCU through the efforts of our LGBTQ+ Business Resource Group, PSCUnity, which started…

The use of the LIBOR index is expected to end on June 30, 2023. Per the CFPB’sLIBOR Transition FAQs, “[t]his change will affect some adjustable (or variable) rate loans and…

According toJavelin’s 2023 Identity Fraud Study: The Butterfly Effect, identity fraud losses totaled $43 billion in 2022, a 17% decline from 2021. While rates of identity theft may have decreased…

In a recent episode of The CUInsight Experience podcast, I had the privilege of sitting down with Bob Trunzo, the renowned industry leader and CEO of TruStage (formerly CUNA Mutual…

The economy has taken some wild and unpredictable turns since 2020 and the beginning of the COVID-19 pandemic. When quarantines first began and businesses all over the country – the…

Welcome to the CUInsight Minute, sixty seconds from our Director of Learning & Client Support Linda Lafortunewith our favorite reads from the week. Mentioned: 5 marketing shifts to drive results…

On June 6, 2023, the Basel Committee on Banking Supervision followed up on itsmeeting in Hong Kongin March and met to further discuss recent financial and market developments, global banking…

Similar to skipping annual doctor and dentist checkups, putting off regular overdraft program disclosure evaluations until the next rule change or updated guidance can result in major and costly problems.…

Several US federal government agencies have been hit in aglobal cyberattackthat exploits a vulnerability in widely used software, according to a top US cybersecurity agency. The US Cybersecurity and Infrastructure…

Regulatory change management is the process financial institutions use to identify, evaluate, and implement new or amended rules and regulations. It’s designed to create an efficient, repeatable process that helps…

Digital service and temperatures are heating up as credit unions leverage technology to provide their members with seamless banking experiences to match the sunny vibes of the season. From mobile…

Federal agencies, including the NCUA and CFPB, have released their spring 2023 regulatory agendas. There are several NAFCU and credit union advocacy priorities included among the items, some of which…

Taking care of employees is crucial for attracting and retaining top-tier talent. A progressive company culture, competitive salaries, and traditional benefits will always be a strong foundation for a great…

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s  May Consumer Price Index (CPI) Report: “The headline CPI increased 4% over the last twelve…

The world seems to be changing faster every day. Businesses are being challenged to find ways to cope with these changes while still maintaining high levels of safety, security, profitability…

NCUA Chairman Todd Harperspokeat CONNECT 2023, the MD|DC Credit Union Association’s annual meeting and convention Tuesday. Harper discussed the safety and soundness of the credit union system, interest rate and…

Both 30- and 60-day delinquencies have surpassed levels from before COVID-19, and theConsumer Financial Protection Bureau reportsthe percentage of auto loans transitioning into delinquency is rising at an accelerated rate.…

 We’re in the middle of an insurance crisis: Credit Unions and community banks are being dropped by their providers while premiums skyrocket. Likewise, consumers face escalating insurance costs as…

The Federal Reserve held interest rates steady Wednesday, but officials signaled they are prepared to raise rates again this year to tame stubborn inflation. The central bank maintained its benchmark…

If your team breaks out in chills, moans and groans when the phrase “cross-selling” is mentioned, it’s time to re-think some things at your credit union. First, do you have…