Financial wellness continues to be top of mind for consumers today as many feel lingering impacts of rising interest rates and inflation on everyday necessities. But with the growing number…
The CUNA research and policy analysis team had a busy 2022. We were firmly focused on collecting and using data to bring your stories to life and highlight the credit…
Fears of arecession,tech layoffs and high interest rates are still with us in the new year. But what’s different now and how can lenders use the economic moment to gain…
Unlikeanother blog postI wrote, this article is actually about buffaloes—the large…very large animal. Turns out many of us interchange the word buffalo with bison, and the latter is actually correct…
A common concern about the cloud is that it represents an additional security vulnerability. In reality, there are security risks that are actually mitigated by the cloud. Satisfaction of compliance…
It doesn’t take the latest statistics to demonstrate the importance of security for credit unions. From ransomware to e-mail, perpetrators can be relentless in their attempt to find a way…
CUNA President/CEO Jim Nussle issued the following statement in response to the Environmental Protection Agency’s Tuesdayannouncementregarding the Greenhouse Gas Reduction Fund. “CUNA applauds the Environmental Protection Agency’s recentannouncement that it…
Yesterday, President Joe Bidenannounced staff changes for the White House’s top economic policy team. Federal Reserve Vice Chair Lael Brainard will resign from her post next week to lead the…
Developing rapport is distinct from having a relationship with a person. There are important differences between these concepts, a fact that is critical to understand within the sphere of persuasion…
No two customers are alike, and each consumer expects you to know them, understand them and reward them with a level of contextual experiences that extend from product creation to…
Financial institutions spend thousands to tens of thousands of dollars every year on getting new consumers (anaverage acquisition costof $200 per new consumer). However, in recent years, consumer habits have…
Hello everyone! My name is Judy Dahn, and I started working for NAFCU at the beginning of this year. I work remotely from Michigan and I am excited to bring…
Picture this. You’re on a road trip in a beautiful convertible on a warm sunny summer afternoon. Your favorite jams are on the radio. You’re halfway to your destination with…
I know what you’re thinking – “I couldn’t if I tried!” But sadly, the financial industry isn’t the upbeat world of an Elton John song. In fact, community institutions are…
CUNA Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s January Consumer Price Index Report: “Consumer prices increased 6.4% year-over-year slightly cooling down from 6.5%…
Ahead of today’s Senate Banking Committeehearing on financial safeguards for digital assets, NAFCU Vice President of Legislative Affairs Brad Thalerstressed the need for a clear regulatory frameworkfor cryptocurrency and other…
Capturing a member’s share of wallet has always been a challenge for financial institutions, including credit unions. Given today’s economy, credit unions are working even harder at gaining new members…
Think yourinvestmentswill carry you throughretirement? New research says that’s not the reality for the majority of workers in their pre-retirement years. In arecent surveyof Americans aged 40 to 85 with…
In a report issued by the Consumer Financial Protection Bureau (CFPB) last week, the agency announced that banks’ reported overdraft fee income “was43% lower in the third quarterof 2022 than…
There’s something special about that one Sunday in February when family and friends draw together in front of their televisions to watch the culmination of a season’s worth of practice,…
When you stop to think about it, saving for short-term financial goals and medium-term financial goals isn’t that hard. All you need to do is regularly set money aside until…
Political insiders Jennifer Palmieri and Karl Rove will join the 2023CUNA Governmental Affairs Conference(GAC) on Wednesday, March 1. The two political strategists and authors will participate in a point-counterpoint discussion…
NAFCU, along with other financial services industry trade groups,wrote to the Federal Reserve Fridayurging the agency to delay the effective date of itsfinal rulethat requires debit card issuers to enable…
The return to physical retail was perhaps the bigger story of 2022, but the rising number of consumers shopping online and paying with digital wallets are trends to watch as…