Electronic documents are a mundane yet integral part of the financial industry, as they improve operational efficiency, reduce costs and save paper for banks and credit unions. Members also enjoy the convenience they offer, as [...]
As we gear up for the annual CUNA Operations & Member Experience Council and Technology Council Conferences, it’s occurred to us that there’s a lot of content to cover, from keynote speakers to [...]
While auto loans often hold a prominent share of a credit union’s overall portfolio, some credit unions make the mistake of viewing indirect financing, leasing, and direct lending as entirely separate programs. This misconception [...]
Why do most credit unions handle their marketing in-house? Hiring an agency isn’t expensive but it seems that time to market is not afforded to many credit union marketing teams and the cost justification [...]
Credit union membership and loan growth weakened in January, but year-over-year membership and loan growth rates remain a strong 4.23% and 8.99% respectively, according to CUNA’s latest Monthly Credit Union Estimates. Monthly [...]
The Federal Open Market Committee (FOMC), the Federal Reserve's monetary policy-setting arm, begins a two-day meeting today, which is not expected to end with a rate hike. The committee last raised the federal funds target [...]
The number and size of retail financial institution branches are declining, but due to such factors as mergers and growth, headquarters needs are increasing at thriving credit unions. Just 10 years ago, the ratio between [...]
As the CFPB rewrites portions of its payday lending rule, state credit union leagues and national trade groups are calling for a delay in implementation and a broad exemption for short-term loans made by credit [...]
It will take time to figure out precisely how much this impacts credit unions but there is little doubt that at some point it will. On Monday, FIS announced it was acquiring payment processor Worldpay [...]
Diversity & Inclusion (D&I) programs have been around for decades, and frankly have created a limited amount of true positive impact. Credit union leaders have been trained on understanding the importance of diversity, [...]
The Community Development Financial Institutions Fund is once again on the chopping block. The Trump administration’s budget for 2020 would eliminate funds for the grants, which are used to encourage investment in low- and [...]
Recently, a lot of questions have been raised in the press about whether Senator Elizabeth Warren’s new American Housing Economic Mobility Act of 2019 would increase credit unions’ regulatory burdens—despite removing them from [...]
When Millennials get most of marketers’ attention — followed closely by Generation Z — one might easily get the impression that Baby Boomers have become irrelevant. To be sure, younger cohorts represent major, and long-running growth opportunities [...]
If you're looking to work your way up to be a great leader, it will take hard-work and good support around you. Here are three things you'll need to help you reach that goal... Caring [...]
During the opening session of the CUNA Governmental Affairs Conference on Monday, March 11, Executive Director of the Foundation, Gigi Hyland, took the stage. She started out by demonstrating the power of our language when [...]
