CUs back Amodei, others in Tuesday’s primaries
Credit unions around the country are once again active in Tuesday’s primary elections, which will take place in Maine, Nevada, North Dakota, South Carolina and Virginia. The main race CUNA…
Credit unions around the country are once again active in Tuesday’s primary elections, which will take place in Maine, Nevada, North Dakota, South Carolina and Virginia. The main race CUNA…
A bill that could provide more clarity on credit unions and banks doing business with marijuana-related companies in states where the substance is legal reportedly has the support of President…
When you think about the future of credit unions, what do you see? Strategic fintech partnerships? Data-optimized services that anticipate member needs? Virtual reality branches? When I spoke at CUNA’s…
Young Americans are hitting more and more homeownership roadblocks: crippling student debt, escalating home prices, surging mortgage rates and a scarcity of listings. So why have they gone on a…
We’ve all been anticipating it, and now it’s likely to come down the pike this week. The Federal Reserve is set to raise the target interest rate to above the…
The debate about the credit union tax exemption periodically flares up,the most recent episode prompted by remarks by Senator Orrin Hatch(R-UT). (Read NCUA Board Chair Mark McWatters letter in response.)…
Credit Union and Community Bank sales tactics are different from other industries because they're primarily focused on service, doing the right thing for the member/customer and deepening relationships. Sales for…
The recentWall Street Journalarticleabout the dominance of the three largest banks struck a visceral reaction among bankers. The key points were not only that the top three (JP Morgan Chase,…
As I am sure you are all aware, the Truth in Savings regulation has strict rules on when credit unions may advertise an account as “free.” Essentially, if a maintenance…
With S. 2155 signed into law, credit unions are curious about when its regulatory relief provisions take effect, and if any guidance will be available. CUNA’s compliance staff has collected…
The House and Senate remain in session this week and continue their work on various appropriations bills. NAFCU continues to track progress on two of the bills that include NAFCU-sought…
Many credit unions prioritize the digital optimization of their retail experience, but they cannot disregard the channels critical to business member engagement—particularly member business lending. As the CU industry continues…
Credit unions face a tough decision regarding the popular remote deposit capture–accept more fraud losses or make a policy change that could impact member service. RDC, a service provided by…
With S. 2155 the law of the land, we’re not taking a breather. Instead, we’re focusing on earning more regulatory relief. We intend to make it clear that the Bureau…
The people-side of your organization may be more important than you think. Employee performance has a direct impact on you, other team members, customers and, ultimately, your bottom line. Leadership…
The majority of marketing for car dealerships focuses on conquest — they want to bring customers in and make the sale. However, the underlying issue is retention. Dealerships spend hundreds-of-dollars…
In the neverending quest for non-interest income, financial institutions can find themselves in a bind: income is necessary to run any business, of course, but lenders often feel that seeking…
In this installment of Geezeo One-To-One, Amy Hibbard spoke with Jim Marous, internationally recognized financial industry strategist, speaker, author and the publisher of both the Retail Banking Strategies section of…
CUNA reached out to Capitol Hill Thursday with a graphic containing credit union facts to dispute inaccurate banker attacks, the first in a series CUNA will be sending in the…
The CFPB filed an order Thursday dismissing its case with PHH Corporation. The lawsuit came from a 2015 fine levied by the bureau on PHH Corp. over a Real Estate…
Allegacy Federal Credit Union in Winston-Salem, N.C., has entered into a partnership—believed to be the first of its kind in the country—to improve both the physical and financial well-being of…
A Supreme Court ruling allowing gambling on sports at the state level is raising the ante on a wide number of issues for any credit union that issues plastic cards.…
There is no standardized metric or database in the financial services industry today that measures and quantifies the brand value and ROI of community banks (non-publicly traded) or credit unions.…
The most recent episode of the CUES Podcast, discusses a uniquemergerwiththe leaders of $488 million4Front Credit Union,Traverse City, Mich. Many times credit unions merge because of shrinking membership, loss of…