FinCEN advisory on economic impact payments
The American Rescue Plan Act of 2021 provided for an additional round of economic impact payments, and the Department of the Treasury has been sending these payments for a little ...
The latest from John Pettit
CUNA/League-backed SAFE Banking Act reintroduced
Reps. Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velázquez (D-NY) and Warren Davidson (R-OH) reintroduced the CUNA-backed Secure and Fair Enforcement (SAFE) Banking Act today, which would provide protections ...
Fed holds rates; NAFCU doesn’t expect rate hike prior to 2024
The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. The committee noted it will run the ...
Inside Marketing: Becoming the Wendy’s of the credit union space
When you think of brands, the names that come to mind are iconic and clear. Apple and Google conjure impressions of cutting-edge tech and coolness. Coca-Cola thrives on building a ...
Foundation Field Notes Episode 9
Improving people’s financial well-being takes creativity, commitment and a culture of service. These are the stories of credit unions and how they are putting people’s financial well-being at ...
3 tips for effectively cross-selling insurance at your financial institution
It is a well-known fact that it is more cost effective to market to your existing account holders than to go after new ones. In fact, according to OutboundEngine, “The ...
Rebranding: why it’s all about your “why”
It’s human nature to name things to make them easier to understand. We name things in order to identify what they are, organize them into some sort of system, ...
What’s the future for overdrafts?
Just as interchange income was devastated in the months after the pandemic hit, overdraft fees earned by banks and credit unions also dropped precipitously. One reason was that the massive ...