Syndicated

U.S. senators have introduced a revised version of the Secure and Fair Enforcement (SAFE) Banking Act in an effort to connect legal marijuana companies to banking services, and the bill…

CUNA’s Small Credit Union Committee wrote to NCUA about merger trends, the current expected credit loss (CECL) standard and other issues this week. The letters follow a meeting between the…

Consumer sentiment regarding the housing market surged 5.5 points in March to 89.8 – the highest point since June 2018 – after seeing a decline in February, according to the…

Studies showthat on average 67 percent of companies fall short in achieving their strategic goals. In the wise words of Stephen Covey,“Most leaders would agree they’d be better off having…

When Washington state legalized the use of marijuana in 2014, O Bee Credit Union in Tumwater, Wash., initially decided not to serve marijuana-related businesses. But when members started asking for…

A deposits manager, head teller and branch services staffer have been indicted on multiple felony counts of identity fraud in connection with the theft of $85,000 from the $35.8 million…

Part of being a leader is helping the next generation prepare to transition into management roles. Within your organization, that starts with hiring the right people and then providing them…

No doubt about it, credit union compliance is complicated. Just ask Katie Elliott, vice president of risk management and compliance at Stanford Federal Credit Union. When Katie was hired two…

There are only a few things one can be sure of in this world: death, taxes, and audits, apparently. The credit union regulatory space is, let’s say, rigorous. (Stifling seems…

There is an important case pending before the Court of Appeals for the 11th Circuit which will have a direct operational impact on the type of technology your members can…

Mocking those with money is a popular pastime. The rich are an easy target. There are relatively few of them — the much vilified 1% — often stereotyped as greedy,…

CUNA President/CEO Jim Nussle addressed global credit union peers Thursday during World Council of Credit Unions’ Australian Credit Union Study Trip. His keynote address at a CEO/Director meeting focused on…

The House Financial Services Committee held a hearing Wednesday with members questioning CEOs of some of the world's largest banks on current capital levels, employee pay and their involvement with…

Credit unions are relying more on non-interest income to grow. Over the past 10 years, non-interest income as a percentage of gross income has risen from 19% in 2008 to…

In a span of a few years between the mid-70s and early-80s, our family went from upper-middle class to simply put, poor. Growing up in northwest Arkansas, at the edge…

2018 was a great year for credit unions nationwide. On the back of a strong economy, with GDP up 2.8% over the year and unemployment levels at record lows, credit…

Today’s consumers have more options than ever before, so they expect the financial service providers that they’ve selected to truly know them. On the other hand, consumers worry about privacy.…

With some service providers, it’s easy to measure success. They perform a one-time job and collect an agreed-upon fee when the problem is solved, or the project is complete. But…

Budgeting may not be the most exciting topic. But it is something that has a huge amount of value for credit unions and their members. Let’s break it down from…

CUNA is reaching out to leagues and member credit unions witha toolkitstocked with resources to demonstrate the wide variety of public benefits that exist due to the existence of not-for-profit…

A British bank has been fined by U.S. and U.K. authorities $1.1 billion for violating various U.S. sanctions against certain countries and inadequate financial crime controls. Among the findings, authorities…

I had just returned from a rare weekend away with friends when I walked into my house to find a mess—clothes all over the floor, living room pillows scattered everywhere,…

Three years after hackers managed to siphon off more than $100 million from the Bangladeshi central bank’s account in the U.S. Federal Reserve, cyber-criminals are going smaller. In 2018, attempted…

Home equity lenders aren’t just competing with each other, but also with online providers of personal loans. All indications are that the speed, convenience, and generally superior digital experience offered…