CUNA and the National Sheriffs’ Association (NSA) have entered into a strategic collaboration agreement in support of the NSA’s Inmate Growth Naturally and Intentionally Through Education (IGNITE) program, which helps…
Total consumer credit rose 6.2 percent, at a seasonally adjusted, annualized rate, in July and is up 7.7 percent compared to a year ago. Revolving credit - primarily credit cards…
As a credit union service organization, we spend a great deal of our time in conversation with credit union executives, staff and their members. The uncomfortable truth is that even…
A bill introduced in Congress that would allow merchants to bypass established secure payment networks and instead route payments through an unaffiliated network has drawn concerns from CUNA, leagues, and…
Additional money will not solve the problems with the CDFI program,NAFCUsaid in anissue brief, released late last week. “NAFCU would like to stress that additional funding alone cannot and will…
If you’re at a small Credit Union and are being told “you can’t” because of your asset size, this podcast is for you. Becky Reed, CEO of Lone Star Credit…
Greetings, compliance folks! As a compliance professional, and I’m naturally a risk-averse person. Apparently, the appledoesfall far from the tree, as my six-year-old son seems to be a daredevil. He…
As those of us in the lending industry know, unsecured loans inherently carry with them the highest level of risk. Because they’re not backed by any piece of collateral like…
If you look back to a great boss, coach, or teacher from your past, you recognize a common pattern. All of these leaders constantly pushed you to work harder and…
In season four of Stranger Things, Eleven and the crew battle an ambiguously undead supervillain and his cadre of squelching vines and vampiric bats in the Upside Down to save…
The 11thCircuit Court of Appeals vacated the plaintiff’s standing Thursday inHunstein v. Preferred Collection and Management Services Inc.,a Fair Debt Collection Practices Act (FDCPA) lawsuit. CUNAfiled a brief stating that…
NAFCU President and CEO Dan BergercelebratedNAFCU’s 55th anniversarythis yearin a message sent to members Thursday.Bergerreflected on all that NAFCU and the credit union industry has achieved togetherand looks forward to…
As we all know, the Telephone Consumer Protection Act contains a myriad of requirements limiting unsolicited telephone calls. And no matter how happy we are as consumers that the number…
A lot of work goes into running a household. It’s the culmination of many different skills: good organization, thoughtful time management, and careful financial management. The numbers prove it However,…
Banking has seen some drastic shifts since the global pandemic — from the competition to attract and retain new talent, to meeting the needs of customers facing increasing inflation and…
You may have seen a ‘Buy Now Pay Later’ option at checkout at your favorite online store. Buy Now Pay Later is a type of point-of-sale (POS) installment loan. Over…
The Senate returned to Washington, D.C., this week and the House will be back next week, marking the end of August recess. There’s a shortened Congressional calendar for the remainder…
Women in the US are much less likely to have life insurance than men. According to 2022 research from LIMRA, 47% of US women aged 18-75 own life insurance compared…
As consumers’ budgets are feeling the pinch, so is yours. And when times are tight, credit unions’ marketing budget is typically the first to go, which is contrary to research…
The Treasury’s Community Development Financial Institutions (CDFI) Fund issued CUNA-requestedsupplemental guidanceThursday for CDFIs currently in a certification cure period. CUNA and engaged with the CDFI Fund in recent months over…
NAFCUjoined several trades on a letterto the CFPB on Monday regarding the bureau’s request for comment on the Paperwork Reduction Act as itrelates to the collection of credit card terms.…
Momentum is growing for banks and credit unions to eliminate or significantly reduceoverdraft fees, and many institutions are hard at work planning how to navigate this revenue transition. What started…
There are many ways fraudsters try to get your personal information or separate you from your hard-earned money. One of the most popular schemes is through aphishing scam, in which…