Organizations can gain many benefits from implementing aworkplace wellness program, but there are also potential legal issues related to employer-sponsored wellness plans employers should be aware of. Corporate wellness is…
The buzzword we have been hearing a lot of lately is ‘merger.’ Credit unions are merging left and right, particularly boutique credit unions. But is a merger the best option?…
Thirty-one credit union-friendly candidates won their primary races in Arizona, Kansas, Michigan, Missouri, and Washington Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 255 credit union…
Senators Jon Ossoff, D-Ga., Cynthia Lummis, R-Wyo., and Mark Warner, D-Va., Monday introduced S. 4698, the Improving Cybersecurity of Credit Unions Act, which would give the NCUA additional authority to…
There is no such thing as a perfect choice when it comes to partnering with a third-party vendor, according to Daniel Loritz, Esq., managing partner,Okun Loritz LLP, a Glendale, California-based…
Teaching leadership at credit unions can unlock strategic success, buttress succession planning, and build key bench strength at all levels throughout an organization. Although credit unions have training programs to…
Back to school season often comes too quickly for parents (and kids). You’re still enjoying the last warm, leisurely moments of summer, and suddenly it’s time to startbuying school supplies,…
When a company or organization dies, one commonality among the majority is comfort. As I type this, I’m mighty comfy sitting in my plant room in my vintage Woodard rocking…
Economic headwinds keep mounting as fears of a looming recession grow stronger. The blockbuster June CPI report that put inflation at 9.1% blew the doors off economists’ best previous estimates…
Digital advertising is a given for any business in the world today, but how can credit unions connect the right products to their existing members and grow their member base?…
As rare as it is in baseball, the Triple Play is the new power play for credit unions competing with big-pocketed banks. It delivers greater home team advantage to credit…
The current safe harbor for late fees should remain in place, as any changes would have significant adverse impact on smaller financial institutions and consumers,CUNA wroteto the Consumer Financial Protection…
NAFCU iscurrently seeking credit union feedbackon a variety of key issues, including lending and liquidity conditions, regulatory burdens, and strategic challenges. The association will share results of the survey directly…
How CUs will play in a cryptocurrency future is unclear but a major topic of conversation these days, reports David Pierce, CIE, CIO of $3.8 billionCanvas CU, Lone Tree, Colorado.…
Members of Generation Z – the demographic born between 1995 and 2015 – are now beginning to more fully explore financial services for themselves. As they embrace the financial system,…
In this episode, we are joined by Mike Umscheid, CEO of ARCSys. Mike is an expert in everything CECL and will be touching on what CECL means for Troubled Debt…
It’s no secret. Our credit union boards are changing. We know about theGreat Resignation, the ecosystem pushing people to reconsider all aspects of their personal and work lives, including board…
The Basel Committee’s recent release of itsHigh-level Considerations on Proportionalityis cause to celebrate for credit unions. While the Basel III Framework always had proportionality built into the standard, we have…
Financial institutions across the country are experiencing the rise of fraud, particularly in the area of card fraud. As touchless payments and online transactions increase, the type of card fraud…
It’s been a couple of tough years on the financial fraud front. Consider that e-commerce fraud reached $20 billion globally in 2021, representing 14% growth over the prior year. Meanwhile,…
Remarkable Credit Union · Economic Justice for All: How SCCCU Lives and Breathes its WHY Take a look around your community and ask questions. Be humble, be courageous, and take…
CUNA Senior Economist Dawit Kebede discusses the latest economic and credit union system outlook in CUNA's latestEconomic Update video. Kebede also issued statements this week on the Federal Reserve's Open…
Ina letter to the Senatesent Friday, NAFCU President and CEO Dan Berger voiced opposition for the Credit Card Competition Act and outlined the negative impacts of imposing any new caps…
In the scramble to get top-of-wallet position, graphics count, and graphics need to reflect demographics and local markets, explains senior graphics designer Josh Hatcher of CUES Supplier memberVericast, San Antonio.…