Syndicated

Rising costs, depreciation values, and total loss claims are disrupting the way the auto market is doing business as dealers, lenders, and consumers grapple with how to best handle the…

As required under Dodd-Frank, late last month the Consumer Financial Protection Bureau (CFPB) released its Consumer Response Annual Report for the period of January 1 to December 31, 2018. This…

There’s a terrific scene in the 1995 Brady Bunch Movie when father Mike Brady tells his family “Put on your Sunday best, kids. We’re going to Sears!” The titular family…

Interest rates have hovered near historic lows for a decade, making it more efficient, and more member friendly, for credit unions to deploy capital in other ways. In the past…

The tax treatment conveyed on credit unions continues to serve the purpose for which it was created and is one of the best investments that the government makes in its…

Total consumer credit rose 4.5 percent in February (seasonally-adjusted, annualized) and is up 5 percent versus a year ago. NAFCU Research Assistant Dhruv Singh noted that while consumer credit remains…

The diversion of funds from checking accounts to such alternative accounts as PayPal, Amazon, Playstation, health savings accounts and robo-advisor tools is negatively impacting credit unions by diverting money away…

As Congress struggles with the hot button issues of data security and marijuana regulation, the nation’s state legislators are urging the federal government to defer to states on policies governing…

In our work with credit unions across the United States, we experience a variety of perspectives about checking. For most, it is part of doing business, but not necessarily a…

As you may have seen, the Foundation has gone a bit rogue and “credit union’izing” Financial Capability Month. Here’s why: At the Foundation, one of our three pillars of work…

In the wake of Apple’s most recent Special Event, one thing is clear: there is no escaping our corporate overlords. Apple, the company that already lives in the pockets of…

Stop me if you have heard the one about the person tasked with herding cats. It’s the notion that gathering strong personalities, tenacious professionals and overloaded leaders can be a…

The NCUA, along with other federal financial regulators, has posted a frequently asked questions (FAQ) document on the current expected credit loss (CECL) standard. CUNA has called on NCUA to…

Rodney Hood was named chairman of the NCUA Board today as he was sworn into office. He replaces J. Mark McWatters, who will remain on the board; McWatters' term is…

Member intelligence is driving an evolution in the member experience at Wings Financial Credit Union ($5.1B, Apple Valley, MN), which has gone all-in on using data to act and serve.…

Credit unions maintained their record share of credit cards in February with balances rising twice as fast as other lenders. The Fed’s G-19 Consumer Credit Report released Friday showed credit…

In a recent news opinion piece for Fox Business News, Alex Sanchez, president/CEO of the Florida Bankers Association, viciously attacked the credit union industry, claiming “corporate welfare” for credit unions…

Periodic statements are required for various types of accounts that credit unions offer. While sending a periodic statement is essential to ensuring compliance with the periodic statement requirements, it is…

Mistakes happen. Just ask the ref who didn’t call a double dribble on Virginia moments before it made the game winning free throws in the final four on Saturday night.…

In January of 2020, Microsoft will no longer support Windows 7, spelling potential trouble and security issues for many ATMs still running on that software. Now is the time to…

Registration is now open for CUNA Credit Union Finance for Boards & Committees Workshop, October 21-22,in Phoenix. This workshop is designed for credit union board and committee members to gain…

There's still time to save $200 off registration for NAFCU's 52nd Annual Conference & Solutions Expo happening June 18-21 in New Orleans, La. This year's conference is all about big…

Diversity, to me, is a mindset. We all bring diverse perspectives, experiences, lifestyles and cultures into the workplace. Such attributes as race and gender, along with how we were raised,…

Payments expert Mark Sievewright outlined the latest trends in the payments space during a breakout session at the PSCU Member Forum Thursday in Austin, Texas. Among the biggest trends is…