News Archives

NCUA Chairman Hood outlines top priorities

NCUA Chairman Hood outlines top priorities

NCUA Chairman Rodney Hood outlines his credit union priorities in the latest CUNA News podcast at African-American Credit Union Coalition (AACUC) annual conference in Charlotte, NC. “Financial inclusion is the civil rights issue of our [...]

Telephone companies, AGs reach deal to combat robocalls

Telephone companies, AGs reach deal to combat robocalls

Fifty-one attorneys general and 12 of the largest telephone companies in the U.S. signed a pledge to combat illegal robocalls by implementing call-blocking technology at no cost to consumers and a new caller identification [...]

The critical mindset of the board member

The critical mindset of the board member

Speech is the primary mode of communication in the boardroom. It is extremely important for board members to be able to articulate their thoughts and opinions in a thoughtful and articulate manner. So, would it [...]

Addressing risk jointly

Addressing risk jointly

Consider the relationship between your credit union’s enterprise risk management (ERM) team and the internal audit team. If these two teams work together and share information, not only will they decrease the likelihood of [...]

Members may leave for better deals

Members may leave for better deals

The Federal Reserve’s recent rate cut is an opportunity for credit unions–but they need to act or risking losing members to other FIs that recognize how consumers are shopping around, according to one [...]

A guide to auditing your in-house collections

A guide to auditing your in-house collections

Year after year, financial institution portfolios continue to grow—especially auto loans. According to Experian’s data for the first quarter of 2019, auto loan balances have soared to $1.18 trillion, increasing 6.5% [...]

Here’s what to consider in strategy development

Here’s what to consider in strategy development

Most companies set aside time for strategic planning each year. This can have different meanings and approaches, but ultimately it helps leadership articulate the long-term vision and ensure continued success. Often, it coincides with budgeting, [...]

More markets. More members. More growth.

More markets. More members. More growth.

Four years ago, Arbor Financial Credit Union($652.M, Kalamazoo, MI) was a different financial institution —  both by brand and by plan. Known then as Educational Community Credit Union, the cooperative had a community charter [...]

WA CUs provide $330M in economic impact

WA CUs provide $330M in economic impact

Northwest Credit Union Association President/CEO Troy Stang explains why the credit union difference is essential to Washington’s economy and residents in Biz Journals.  “As not-for-profit cooperatives, credit unions offer better deals to their [...]