CFPB takes action against Bank of America
On May 4, 2022, the Consumer Financial Protection Bureau (CFPB) announced a $10 million civil penalty and the filing of a consent order against Bank of America, N.A. (BoA) ...
The latest from John Pettit
CUNA Research: April jobs report stronger than expected
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s April Employment Situation: “The economy added more jobs in April than expected fueled by ...
NAFCU Board nominating ballot results
The Nominating Ballot phase of NAFCU’s 2022 board election has ended; official ballots will be sent to members May 11. The deadline for returning the ballots is May 25. ...
Transforming transactions
Four experts weigh in on the disruptive, always-changing payments space—and their recommendations for how to capitalize on it. Payments Personalization From Amazon suggesting your next buy before you even ...
PODCAST: Marketing and business development tips, trends
The marketing and business development world is undergoing constant changes. Credit union thought leaders are paying attention, following technological advancements and changing member preferences, and their impact on the movement. ...
Close examination of tax expenditures needed, GAO says
The federal government must develop a comprehensive fiscal plan, which should include an examination of the effectiveness of tax expenditures—a budget category encompassing the credit union tax exemption—the ...
New Mexico’s Calf Canyon inferno a powerful reminder the importance of life event loans
As you may have noticed the last couple years, there is no longer any single wildfire season. The now-annual campaign to tame the nation’s wildfires will start earlier and ...
Whatever it takes
Watching yesterday’s post on the Federal Open Market Committee (FOMC) press conference with Fed Chairman Jay Powell, I feel that we saw a chairman chastened by a resounding early ...