In one morning, Chase Bank made its ambitious plans for building more branches around the country more concrete than ever by unveiling its “flagship branch,” reemphasized the importance of face-to-face…
Credit unions have a business model distinct from other financial institutions — one in which members are owners, and their financial wellness is the credit union’s top priority. At the…
When it comes time to plan for your credit union’s future, what issues are on the agenda for your next strategic planning session? The 2019-2020 CUNA Environmental Scan explores trends…
The House is expected to vote this week on the Financial Services and General Government (FSGG) Appropriations Act for Fiscal Year 2020 (H.R. 3351), a bill that contains CUNA-supported levels…
Contrary to some bank lobbyists' arguments, the increase in credit unions' acquisitions of banks is "a strategic decision" – both for credit unions to grow and banks to benefit financially…
There are more than 5,000 credit unions with 117 million members across the U.S. Members-only credit unions typically have lower fees and offer better interest rates than traditional banks, and…
Darrin Hopkins, one of three men who ran the so-called “God Squad” social media group that deceived high school students to steal hundreds of thousands from credit unions and a…
At the 2019 Association for Talent Development International Conference and Exposition that was attended bymore than 13,000 people in May, the room was full for one of the conference keynotes,…
The sounds of these words always bring me peace. Almost a type of serenity. And, at the same time, overwhelming feelings of excitement and hope because of the opportunity that…
Governance, Financial Inclusion, India, Tier 3 economies, remittances, payments, currencies, tokens, coins,… These and more terms have been tossed around over the past few days, as we consumed facts and…
Hi compliance friends! Since we all spend about 25 hours per day online, let’s take a look at some of the content posted there…. policies and notices! Credit unions attempt…
Credit unions kicked off 2019 with another strong first quarter. Although lending activity is slowing versus a year ago, membership growth — a key indicator of future growth potential —…
According to a recent BlackRock report, financial worry outranks other leading stressors including health, family and work. Financial stress is a top worry for American families because many of them…
CUNA called on Senate leadership Monday to reject inclusion of any language in the National Defense Authorization Act (NDAA) for fiscal year 2020 that would expand the Department of Defense’s…
A new loan product from Freddie Mac – CHOICERenovation – allows borrowers to combine home improvement costs with a mortgage or refinance loan. "We realized that there's a significant amount…
Organizations often prioritize risk management only during bad times, says Steve Houle, vice president, advisory service, for Catalyst Corporate Federal Credit Union. “That’s the wrong way to manage,” says Houle,…
The $295.5 billion Lévis, Quebec-based Desjardins, Canada’s largest credit union with 7 million members and 46,216 staffers, and one of the world’s largest financial institutions, disclosed an employee-caused breach. In…
Apple's first-ever credit card, called Apple Card, is coming in just a few months. The new card — which Apple unveiled earlier this year at an event at its headquarters…
The digitally connected ecosystem of our world today finds financial institutions competing to meet the robust expectations of their members while driving unparalleled business value. The transition to meet current…
Earlier this week Facebook unveiled its plans to launch a new blockchain-based payments network called “Libra.” The announcement came after a lot of speculation over whether Facebook would be making…
Effective Jan. 1, 2022, the nation’s credit unions will face what consensus holds is the biggest accounting change for financial institutions in decades. That’s when member-owned cooperatives will be required…
According to Adam Dell, Head of Product for Marcus by Goldman Sachs, traditional banks and credit unions are not prepared to compete with new digital challengers. At the Fortune Brainstorm…
Not all unbanked Americans are in that state due to poverty, a new study finds. Some are unbanked by choice. A survey analysis performed for Packaged Facts finds that there…
CUNA released the June 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. Senior Economist Jordan van Rijn provides an update about increasing trade tensions, which have…