Recent regulatory actions have credit unions facing a “tidal wave” of burdens and restrictions, Afena Federal Credit Union President/CEO Karen Madrytold the Senate Banking Committee in testimonyThursday. Madry testified on…
Two months ago, I was on a flight from Washington D.C. to North Carolina to work with a client. Just before takeoff, the pilot announced over the intercom, “Um, so…
Regular listeners know that a pet peeve of mine is how poorly most credit unions market. And then I discoveredBo McDonald, founder and CEO of Your Marketing Co.where the focus…
On the eve of MeridianLink®LIVE! in Nashville, our Executive Summit gathered a record number of industry executives, innovators, and experts for an afternoon and evening of insightful dialogue, peer connection,…
Stocks have rebounded from a rough April, led by two sectors that typically outperform when the economy is in a downturn. Since April 16, around when the S&P 500 (^GSPC)…
When it comes to building financial health, there are three fundamental concepts intrinsic to a customer’s journey: math, money and data. Whether a potential customer is fresh out of college…
The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, further evidence that the labor market was cooling.…
America’s Credit Unions President/CEO Jim Nussle stressed credit unions’ support of a strong national data security and privacy standard in aletter to the Senate Commerce Committee Subcommittee on Consumer Protection,…
On April 23, 2024, the Department of Labor (DOL) issued the final version of a regulation that would change the definition of "fiduciary" under the Employee Retirement Income Security Act…
It’s no secret that many Americans are struggling to repay their student debt. According to theU.S. Department of Education, in March 2023, about 44 million U.S. borrowers collectively owed more…
Depending on which experts you believe, the prevalence of racial and ethnic bias in the property appraisal business is either rampant or entirely overblown by politicians and the media. The…
We build on foundations we did not lay. We warm ourselves by fires we did not light. We sit in the shade of trees we did not plant. We drink…
The timeline to replenish Social Security is being extended. The federal retirement program said Monday it may not need to cut benefits until 2035, one year later than previously forecast,…
I just about missed it, the news of a regional bank failure and subsequent takeover by another bank at the tail end of April. Yes, it really happened! (You can…
Many Americans are house-rich, at least on paper. Thanks to skyrocketinghousing prices, homeowners are now sitting on nearly $30 trillion in home equity, according to theSt. Louis Federal Reserve— just…
America’s Credit Unions’ Luke Martone wrote to the NCUA Board Tuesdayrequesting the agency explicitly permitreimbursement of childcare costs incurred by a federal credit union board member. “Specifically, we ask the…
A new report from Elan Credit Card and PYMNTS Intelligence surveyed consumers to learn preferences on general-purpose versus co-branded and store credit cards, drivers that impact consumer choice, and trends…
Change is not only inevitable, but it's also happening more rapidly than ever. A leadership approach that addresses the uncertainty and complexities of change is needed for credit unions to…
Thirteen years after the rule was supposed to be finalized, on Monday federal banking regulators again proposed a rule governing incentive-based compensation practices at financial institutions. The proposed rule was…
“Some of them are just passing away!” I’m a marketer, not a doctor, so I can’t help with that. “68% of consumers leave a business relationship because of a perceived…
The measure of a successful inbox management strategy is open for interpretation. Is it reaching inbox zero? For many, this is too tall an order. Read on for a few…
For many people,retirementmeans living on a fixed income and cutting costs to reduce expenditure. And while these are both sound strategies to help stretch the dollar, sometimes the better option…
Across all industries, employees are worried about AI. A whopping 75% of workers are concerned about AI making certain jobs obsolete, and 65% are concerned about AI taking their job,…
Big box retailers are attacking consumer convenience, security, and value with the Big Box Bailout bill, America’s Credit Unions President/CEO Jim Nussle, American Bankers Association President/CEO Rob Nichols, and Independent…