Bridging success from this year to the next
There is more good news to report for the Defense Credit Union Council! We just won a major concession in the 2021 National Defense Authorization Act. What is even better ...
The latest from John Pettit
Auto lending is still slow in the third quarter
In the third quarter, total vehicle sales in the United States bounced back from a dramatic slowdown induced by COVID-19 in the second quarter of 2020. According to FRED Economic ...
The SolarWinds cyberattack: What you should know
As we continue uncovering information about the recent SolarWinds attack involving the U.S. federal government and many large corporations, it’s clear this has the potential to be the ...
Podcast: Why banking is emotional and not transactional
Feeling all the feels this holiday season? So are your customers and members. Why? Because they’re human. And here’s the kicker: those humans are emotional 365 days a ...
CDC panel clarifies financial institution worker vaccine allocation
Financial services employees should be included in Phase 1c of COVID-19 vaccination, a Center for Disease Control and Prevention panel voted Sunday. The presentation from the ACIP COVID-19 Vaccines Work ...
Berger blasts bankers’ criticism of NCUA’s subordinated debt rule
In an editorial published in American Banker, NAFCU President and CEO Dan Berger pushed back against the American Bankers Association’s criticism of the NCUA’s new subordinated debt rule. “...
Lending Perspectives: Feasting on mortgage refinance business?
The other day, I shared some thoughts with my mortgage group about how being in the business was akin to riding on a roller coaster. Sometimes it’s best enjoyed (...
Bankers say NCUA subordinated debt rule undermines credit union mission
The National Credit Union Administration board’s decision to allow low-income, complex, and new credit unions to issue subordinated debt is another sign that the industry is eroding the mission ...