The COVID-19 pandemic profoundly impacted consumers and commerce. The crisis and resulting shutdowns drove unprecedented changes in borrowing trends. Today, understanding consumers’ financial and lifestyle changes is even more crucial ...
A recent Lexis/Nexis survey of over 1,000 financial crime compliance decision makers, which focused on finding the true cost of AML/CFT compliance, reported that the total price ...
Each day you see so much opportunity for your credit union to grow. You have some great ideas jotted down or floating around in your head, but you need a ...
What is your organizations’ cyber recovery strategy and cyber risk threshold? Who has the better insight into your cyber vulnerabilities – your IT leader, or cybercriminals? Every day, these threats are ...
The federal banking agencies—the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System (Federal Reserve)—...
The pandemic created the largest amount of excess liquidity in history. The credit union industry has never been more flush with excess cash. Loan demand remains weak. And margins are ...
NCUA issued a Regulatory Alert (21-RA-08) this week on the Consumer Financial Protection Bureau’s June 30 final Regulation X rule to assist borrowers affected by the pandemic. The final ...
NAFCU, along with several financial trade organizations, wrote to the Senate Banking Committee and House Financial Services Committee Monday to urge lawmakers against the expansion of the Durbin Amendment to ...
