Direct-deposit relationships are not as sticky as they used to be, with technology making it easier for people to switch the account where they send their paycheck. Companies like Pinwheel…
The Consumer Financial Protection Bureau (CFPB or bureau) released apolicy statementoutlining the elements of abusive acts or practices and offered a framework that may help credit unions identify practices that…
It’s a statistic we’ve heard on newscasts and in any number of settings over the past few years.More than 40% of Americans would struggle to find the funds to pay…
Your credit score is calculated based off the information in your credit report. To create your credit score, the information is broken down intodifferent categories or factors. These factors may…
It’s been said again and again that search engine optimization isn’t a race; it’s a marathon. It works as a metaphor to set expectations that content work takes time and…
The CUNA CEO Council announced three new credit union CEOs to the 2023-24CUNA CEO Council’s Executive Committee. Genisys Credit Union President/CEO Jackie Buchanan is the new chair of the group,…
A newarticlefrom Pew Charitable Trusts examined trends in credit union lending trends and found that credit unions issued $846 million in loans through the NCUA’s Payday Alternative Loan (PAL) program…
Interviews are one of the best ways to get to know a candidate before they join your credit union team. But let’s face it—interviewing really isn’t fun for either side…
The credit union movement is celebratingNational Credit Union Youth Monththroughout April. Thethemeof 2023's Youth Month is "Unleash the Power of Saving at Your Credit Union™" “Youth Month presents an opportunity…
When it comes to preventing card fraud, issuers need all the help they can get. Fortunately, credit unions have access to a variety of tools, resources and expertise in their…
Fintechs came onto the scene over a decade ago, and ever since digital transformation and optimization have been buzz words in the banking industry. The emphasis on digital transformation picked…
Financial institutions that are digitally mature are better able to leverage data, analytics, digital channels and technology to drive business growth, improve customer experience and satisfaction, and achieve competitive advantage.…
You’ve done your due diligence. Your credit union leadership has interviewed, researched, and consulted on your top options for a service provider to meet your needs. You made your pick,…
The Consumer Financial Protection Bureau (CFPB) Monday issued guidance to address “abusive conduct” in consumer financial markets. Thepolicy statementwill “assist consumer financial protection enforcers in identifying wrongdoing, and will help…
The second half of March was dominated by conversations around the recentfailures of Silicon Valley Bank and Signature Bank. As NAFCU President and CEO Dan Berger noted onBloomberg TV, credit…
Whether and what to pay credit union directors is getting attention. CUES Supplier member Kaufman and Canoles goes into detail in anarticle on the subject. “It is a well-known fact…
Credit unions often look to other credit unions for tips and tricks. The final day of the2023 CUNA Marketing & Business Development Council Conferencein Orlando gave attendees a look at…
If you’re working hard to better your credit health, like paying down credit card balances or loans, you may be wondering when these positive actions will show up on your…
The start of April marks National Credit Union Youth Month and Financial Literacy Month, two great opportunities for credit unions to promote their Financial Well-being for All efforts. National Credit…
“Thanks for your order, Jayne. We’ll send you an update when it’s ready for shipping.” “Great news! Your order has shipped and will arrive early! Track progress with this link!”…
On March 30th, the CFPB issued afinal ruleunder section 1071 of the Dodd-Frank Act. A little history behind this rule, section 1071 of the Dodd-Frank Act amended the Equal Credit…
A pair of 21-year-old runners finished first in their groups and credit unions presented Children’s Miracle Network Hospitals with a check for $450,000 Sunday morning at the 50thrunning of the…
NAFCU has launched a new working group for member credit unions focused on Community Development Financial Institutions (CDFIs). The group held its inaugural meeting Thursday to discuss recent updates, including…
Business resource groups are powerful tools that can help organizations, including credit unions, promote diversity, equity and inclusion in the workplace. Successful BRGs are not in a silo; they are…