Q1-2 2023 economic outlook and recommendations for lenders
As we discussed in part one of our Q1-2 2023 Economic Outlook, the financial sector appears well-positioned for an economic downturn. That being said, we are seeing the deterioration in ...
The latest from John Pettit
Prioritize efficiency in times of uncertainty
Over the last few years, we have all become familiar with operating our businesses in highly uncertain environments. Continued murkiness surrounding the possibility of a recession, the release of sometimes-troubling ...
Bill would establish ‘appropriate compliance timeline’ for section 1071
CUNA wrote in support of legislation to establish an “appropriate” compliance timeline for the Consumer Financial Protection Bureau’s (CFPB) section 1071 rulemaking. The Small Lenders Exempt from New Data ...
NAFCU updates CUs on Washington’s response to bank failures
NAFCU Senior Vice President of Government Affairs Greg Mesack sent member credit unions an update on discussions and efforts underway in Washington, D.C., in response to recent bank failures. ...
On uncertainty…
Many of us are watching as the United States grapples with the failures of Silicon Valley Bank and Signature Bank, and Republic Bank receiving an infusion of USD 30 billion ...
CUNA Mascot Madness: One semifinal set; Vote for the best in the West
The Midwest Region of CUNA’s Mascot Madness tournament wasn’t decided until the final day of voting. But with 36.4% percent of the vote, the regional champion is … ...
Create a board career path
A credit union board can be the institution’s biggest asset…or its biggest liability. As volunteers, board members enter their roles with varying degrees of experience and tend to ...
Your next hire? A chatbot
It’s long been a challenge for credit unions across the country to attract talent that stays. “Most attrition was/has been occurring in the front-line employees hired in the ...