As credit unions push to raise deposits, they might also find members pushing back to quickly access those funds, regardless of the service channel they’re using. Nusenda Credit Union($2.4B, Albuquerque, NM) has [...]
It has not been easy for the mortgage servicing industry to recover and navigate the economic climate in the aftermath of the Great Recession. In addition to the surge of regulations and sky-rocketing operational costs, [...]
Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? Security firm Symantec said this past week that it found a security flaw [...]
Welcome to episode 30 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. Today’s guest is Teresa Freeborn the president and CEO of Xceed Financial Credit Union and [...]
Since I started my company 18 years and 87 credit unions ago, one of the biggest challenges I’ve observed in the credit union industry is hiring. The next biggest challenge is firing. And I’[...]
Organizations instinctively understand that personal health plays a major role in morale, productivity, and cost. As a result, many employers provide wellness programs that enhance both the physical and mental well-being of their employees. Unfortunately, [...]
We live in the age of information, with any and everything that we’ve ever wanted to know available at our fingertips. And yet, the overall financial literacy in this country is incredibly low. According [...]
CUNA released Friday the July 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. Senior Policy Analyst Samira Salem reports on recent U.S. economic growth developments, most notably a forecasted slowdown [...]
A new report from the CFPB on third-party debt collection revealed that 28 percent of consumers with a credit report in 2018 had at least one debt in collection with a third-party. The CFPB is [...]
To open his session for the CUNA Management School’s second year class, Ronaldo Hardyasked students to leave the classroom briefly. Students formed two groups: women and minorities, and white males. When the groups re-entered [...]
Florida police alleged a former employee for the $8.6 billion VyStar Credit Union and her boyfriend stole nearly $50,000 from two member accounts. Lake City Police arrested Stevlein Stephon Bivins and Jasmine Cassandra [...]
While anyone could purchase a Certificate of Deposit (CD) that paid over 5% APY just a decade ago, the average rate for a 12-month CD is now just 0.59%. Worse, the average savings account [...]
When it comes to digital financial services, it's game on. Today, credit unions of all sizes need a proactive, cohesive digital strategy that provides the right products, services, and best possible member experience. More than [...]
We're just over halfway through 2019. At my organization – and I'm sure at many of yours, too – our managers are holding midyear reviews with their team members to see how things are going. Part of [...]
With the number of states legalizing cannabis in some form continuing to grow, it’s understandable that Americans with differing views would want to debate whether it’s time to reform the nation’s marijuana [...]
