CUNAwrote in supportof legislation to establish an “appropriate” compliance timeline for the Consumer Financial Protection Bureau’s (CFPB) section 1071 rulemaking. The Small Lenders Exempt from New Data and Excessive Reporting…
NAFCU Senior Vice President of Government Affairs Greg Mesack sent member credit unions an update on discussions and efforts underway in Washington, D.C., in response to recent bank failures. Of…
Many of us are watching as the United States grapples with the failures of Silicon Valley Bank and Signature Bank, and Republic Bank receiving an infusion of USD 30 billion…
The Midwest Region ofCUNA's Mascot Madnesstournament wasn't decided until the final day of voting. But with 36.4% percent of the vote, the regional champion is ... Boomer Froggy Boomer, the…
A credit union board can be the institution’s biggest asset…or its biggest liability. As volunteers, board members enter their roles with varying degrees of experience and tend to stay on…
It’s long been a challenge for credit unions across the country to attract talent that stays. “Most attrition was/has been occurring in the front-line employees hired in the last 12…
For many American consumers, 2023 represents an opportunity to begin rebuilding their financial health and wellness goals that were essentially detonated with the arrival of the COVID-19 pandemic three years…
CUNA Senior Economist Dawit Kebede, PhD, issued the following statement following the Federal Reserve meeting today: “The Federal Reserve Open Market Committee (FOMC) increased the federal funds rate by 25…
The NCUA released its2022 Annual ReportTuesday highlighting the agency’s top activities, policy initiatives, and key accomplishments from the previous year. The report showed a heavy focus on helping credit unions…
Finding the right strategy for growth is a challenge for many credit unions today. According to the mostrecent data from the NCUA, annual membership growth hovers around 4.4%. And credit…
The recent collapse of the Silicon Valley Bank has been one of the most significant bank failures since the global financial crisis and the second-largest bank failure in the history…
More than ever, it’s critical for credit unions to find ways to prioritize the speed of innovation and delivery when it comes to digital transformation. The pressure is on to…
Taylor Nelms is here to reveal Filene's latest Breakthrough research for Credit Union Success. Armed with insights from Filene's cutting-edge incubators, research projects, and focus groups, Taylor talks about the…
The failure of Silicon Valley Bank (SVB) and Signature Bank just over a week ago proved to be one of the biggest stories for the financial services industry in the…
We’ve talked a lot in the last year about the tech talent shortage and the difficulties in finding and attracting good talent. With the recent layoffs of tens of thousands…
equipifi, a fintech company enabling credit unions with buy now, pay later (BNPL) offers for purchases made on debit cards, was awarded with the CUNA Technology Council’s Best of Show…
House Financial Services Committee Chairman Patrick McHenry, R-N.C., and Senate Banking Committee Ranking Member Tim Scott, R-S.C.,wrote to Federal Reserve Chairman Jerome PowellMonday requesting that the Fed provide insights into…
If you don’t think the saying “Everything old is new again” applies to financial fraud, think again. Check fraud is on the rise again. While that might seem like stealing…
The first regional champion ofCUNA's Mascot Madness bracketis ... Count Earn’est the SAVERtooth Tiger! The mascot of $503 million assetFairmont Federal Credit Unionin Fairmont, W.V., received 1,007 votes (63%) to…
Whether you are currently employed or seeking a new opportunity, how will you know if the job you’re in—or one you might be pursuing—is right for you? Here are a…
Opinions are like…, well, you know. Everyone has one. And that’s not a bad thing. However, if you treat your opinion as a fact, it can completely ruin a productive…
Over the past few years, the evolution in consumer spending behaviors has been a catalyst for payments innovation. From P2P to mobile wallets, and contactless to buy online/pickup in store…
“Recession,” though it hasn’t officially arrived, has been on everyone’s minds for months. You have probably felt the financial pinch already — which means 2023 could be another challenging year…
In my many years hopping on calls with community banks and credit unions about their strategic planning sessions, I found there are some questions leaders always ask. To help you…