Credit unions have earned the ability to serve their members through decades of putting people first. Today’s environment means not only supporting pro-credit union policies, but also fighting back against…
We all know about the “feedback sandwich,” the idea that you start a feedback session with a compliment, move to the area of concern, then end with another compliment. But…
Growing up in a very small village in Central Michigan, I learned quickly that small business owners and farmers were a strong part of the local economy and their impact…
The digital wallet is becoming the payment channel of choice worldwide. Usage continues to pick up in the U.S. as well, although Americans still love their plastic debit and credit…
Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2023 is now available on the Federal Financial Institutions Examination Council’s (FFIEC)HMDA Platform for approximately 5,089 HMDA filers.…
The Consumer Financial Protection Bureau (CFPB) has proposed a rule to be effective October 1, 2025 (at the earliest) that would regulate overdraft services at financial institutions with $10 billion…
This is both an exciting and bittersweet episode. After recording 97 episodes of The Remarkable Credit Union, longtime host and PixelSpoke’s founder and former CEO, Cameron Madill, joins as a…
Stocks rallied into to the close end the last trading day of the month, capping a fruitful first quarter of 2024 with a fresh record high for the S&P 500.…
When you think of community bank or credit union marketing, think ABM. ABM, or “Always Be Marketing,” should be one of the primary rules you live by when promoting your…
Being a true corporate citizen means being in touch with your community. As credit unions, we have the unique ability to build meaningful relationships with local businesses and organizations within…
Since its launch in July 2023, the FedNow Service has rapidly expanded its reach. Initially launched with 35 financial institutions on the instant payments network, the number has surged to…
Higher interest rates, increasing inflation and stagnant incomes have made borrowing more expensive and meeting financial commitments more difficult. In fact,recent data from Equifaxshows that credit card utilization rates have…
A newreportfrom the U.S. Department of the Treasury identifies potential opportunities and risks for artificial intelligence (AI) on the security and resiliency of the financial services sector. The report covers…
CUES member Elizabeth Sharpe recently shared with theCUES Net member communitythat a couple of her members had moved their accounts toChime“because of the early availability of their funds. Some regional…
Refinancing your federal and/or private student loans can be a great way to consolidate payments and potentially save money on interest over time. However, while there are numerous advantages to…
U.S. stocks were higher on Wednesday, with the Dow leading gains and the S&P 500 setting a closing record, paced drugmaker Merck, while investors looked towards the next piece of…
In the ever-evolving landscape of lending, the intersection of human judgment and artificial intelligence (AI) has become a focal point. The coexistence and co-development of these two forces is all…
It’s been four years since the onset of the global pandemic and we arestillfeeling the economic whiplash. The result? A heightened regulatory environment around lending practices. Financial stability for borrowers…
The U.S. Chamber of Commerce, the American Bankers Association and state trade groups have asked a Texas federal appeals court to issue an immediate order delaying implementation of the Consumer…
In 1973 a critic of mainstream economic thought was published inSmall is Beautiful: A Study of Economics As If People Mattered by E. F. Schumacher. The author espoused a principle…
The “Buffett Indicator” is flashing red. In 2001, Warren Buffett came up with what he called in Fortune Magazine “probably the best single measure of where [stock] valuations stand at…
U.S. merchants, Visa, Mastercard and other financial institutions announced a settlement Tuesday in a lawsuit dating back to 2005 over credit card interchange fees. Visa and Mastercard will cap credit…