Syndicated

The NCUA should amend itsfield of membership(FOM) rules to make it easier for people to join credit unions and help those institutions grow, the two national industry trade groups told…

If you want a case study in defining your niche, look no further than Oxygen. It’s a FinTech company targeting freelancers and gig workers underserved by other financial institutions. Every…

Credit union champions won their primary races in Hawaii Saturday and Alaska Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 279 credit union champions with a…

The Federal Reserve on Tuesday issuedadditional informationfor Board supervised banks seeking to engage in crypto-asset-related activities. Although the guidance is directed toward banks,it helps ensure that supervisory expectations for firms…

Did you know that you have a secret rating that can massively enable (or inhibit) your ability to achieve your desired results? Worse yet, other people know the score, but…

The marijuana banking legislation passed by the House would not significantly improve the problems cannabis-related businesses face in trying to establish banking services, researchers at theDrug Enforcement Policy Centerat Ohio…

In today’s increasingly digital environment, it is easy to pay for almost anything, especially an online purchase, via installments. Buy Now, Pay Later (BNPL), point-of-sale installment payment plans are everywhere.…

“Risk is the clue that our dreams are both real and great.” – Craig D Lounsbrough When you think of life insurance commercials, what comes to mind first? Think about…

One of the significant and sudden impacts of the pandemic was people suddenly started driving far less than before. Subsequently, there were fewerauto insuranceclaims nationally. In response, many auto carriers…

The prospect of an economic recession in the United States persists in this summer of 2022. While fuel prices have progressively – and with great relief – dropped in the…

The cumulative regulatory burden on credit unions is near an all-time high, though it has slowed recently, CUNA wrote to NCUA Monday. CUNA’s comments were sent in response to NCUA’s…

The Federal Reserve on Monday announcedfinal guidelinesfor Reserve Banks to usewhenreviewing requests to access Fedaccounts and payment services.The Account Access Guidelines do not establish legal eligibility standards, but instead establish…

Over the last decade, credit unions have been consolidating rapidly. With the resulting increase in total asset size per credit union, the surviving credit unions are becoming more sophisticated organizations…

It’s August. And that means theNational Flood Insurance Program(NFIP) is about to expire. Again. Congress has been unable to pass a long-term reauthorization of the program for years. And so,…

Digital strategies are not just for deepening relationships with customers. The digital experience is also a way to refine and improve processes while also building community trust. Today’s guests,Mary Kate…

CUNA-League 360-degree advocacy is in full effect pushing back against the credit card bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill. We followed up last week’s action alert…

Responding to the pandemic forced financial institutions to accelerate years of progress into the span of just a few weeks; now the growing pains and disruption are just beginning. That…

What would an Apple bank account look like if the Big Tech company were to offer one? That was the question that well-known technology analystBenedict Evansposed recently on his Twitter…

Credit Union Awareness™ announced Monday the Your Money Further program is headed to Nevada. This expansion comes fourmonths after relaunching YourMoneyFurther.com – the only resource that connects more consumers directly…

The speaker lineup at NAFCU’s2022 CFO Summit, happening September 20-22 in-person in Annapolis, Md., now includes Mastercard United States Chief Economist Michelle Meyer who will discuss the current state of…

My regular readers understand this about me: Itryto be funny when I write. My wife likes to say IthinkI’m funny. I remember my high school band teacher, Mr. Cummins, liked…

According to the U.S. Census, women business ownership is on the rise. In 2018, women-owned firms made up only 19.9% of U.S. companies, but their numbers are growing. As someone…

We live in an uncertain world. Credit unions must deal with increasing levels of volatility, uncertainty, complexity and ambiguity. Navigating this environment requires strategic thinking and strategic leadership. Yet in…

The credit union, at its very foundation, has an obligation to include, educate, and be open and transparent with its members. After all, the credit union member is the physical…