The evolving credit crisis – How credit unions can respond now
The COVID-19 pandemic hit the US economy hard in the spring of 2020, yet many credit unions have yet to see the full impacts on their loan portfolios. While government ...
The latest from John Pettit
Five steps to incorporate diversity, equity and inclusion in the product lifecycle
As a credit union community, the principles of diversity, equity and inclusion speak to our very mission. From the beginning, credit unions have been called to serve all members regardless ...
Hauptman confirmed by Senate for NCUA board
Kyle Hauptman was confirmed by the Senate Wednesday for a seat on the NCUA board. Hauptman will serve a term through August 2025 once sworn in. CUNA President/CEO Jim ...
CFPB approves 2 AOs after finalizing policy
The CFPB Monday finalized its advisory opinions (AO) policy and announced two approved AOs that will be publicly available on the bureau’s website and published in the Federal Register. ...
The key components of a trademark audit
We spend a lot of time helping credit unions acquire new assets, including new businesses. In addition, we help them protect and enhance the assets they have. A way that ...
Cannabis lending doesn’t necessarily mean higher credit risk
Despite the ongoing discrepancy between federal and state cannabis laws, the number of financial institutions serving cannabis businesses in states with legal cannabis programs has been increasing steadily. While most ...
Credit card balances hit a new low: What that means for the holiday shopping season
To make the upcoming holiday season merry and bright, will consumers start using their credit cards again? It may be too early to tell. As reported in our just-released Q3 ...
Beyond the pandemic risk series [Part 1]: Pandemic-related lending portfolio risks
Is your credit union worried about how to handle the uptick in uninsured collateral and delinquencies? Hear how to adopt proactive, borrower-friendly strategies to better predict and manage these pandemic-related ...