Q3 2022 economic outlook for financial institutions
With a recession on the horizon, the landscape for financial institutions will become more difficult for the rest of 2022 and into 2023. Rising delinquencies, tighter margins driven by an ...
The latest from John Pettit
CFPB: Poor data protection may be abusive act under consumer law
Financial institutions, including credit unions, may violate consumer protection prohibitions against unfair acts or practices if they have insufficient data protection or information security programs, the CFPB announced Thursday. In ...
The importance of the ‘paradox mindset’
Ever get caught up in a game of tug-of-war with competing demands? As organizational leaders, this often brings about questions of today vs. tomorrow, productivity vs. costs, and more. Specifically, ...
Credit union difference on display for state legislators
CUNA, Leagues, and credit unions engaged with hundreds of state lawmakers from around the country over the last few weeks at the American Legislative Exchange Council (ALEC) in Atlanta and ...
NAFCU urges members to Act on Interchange and NCUA Vendor Authority
In a message to members, NAFCU Vice President of Legislative Affairs Brad Thaler highlighted the association’s recent advocacy initiatives on Capitol Hill regarding important credit union topics and encouraged ...
CFO Focus: Managing deposits in a rising-rate, post-pandemic economy
Credit unions serve as financial intermediaries to members who need money they don’t yet have (borrowers) as well as those who have money they don’t yet need (savers). ...
Nobody’s using the USPS postal banking pilot
You know that postal banking pilot program that has had financial services trade groups and congressional Republicans furious? Nobody’s using it. The US Postal Service on Tuesday released its ...
Finding hope amidst disaster: How your credit union can help
Losing their homes and possessions to the flooding that engulfed Knott and Letcher counties was catastrophic enough for scores of eastern Kentuckians digging through the wreckage that was their lives. ...