Capital One is acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market. Under the terms of the deal announced late [...]
In a landscape where the credit union industry seems to be shrinking, a curious paradox arises – an influx of aspiring individuals eager to establish their credit unions. But what fuels this drive? On this episode, [...]
The Conference Board's Leading Economic Index no longer signals a coming recession for the U.S. economy for the first time since the summer of 2022 even as the index declined in January for the [...]
Oh, the frustration! An increased budget. An innovative strategy. Hopeful execution. And then… nothing. Sometimes, it results in denial, and other times, it results in doubling down on the failing strategy, hoping a little more [...]
This week, while both the House and Senate are back in their states and districts for the Presidents Day recess, America’s Credit Unions continues to push for credit union priorities with regulators and key [...]
Thank you for tuning in to episode 179 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Humanidei. Humanidei helps credit unions build [...]
$25 million is wired out by a bank employee who thinks he is receiving instructions from his CFO on a video call. It turns out he was duped by Generative AI’s (GenAI) Deepfake technology. [...]
Relax. This isn’t another article on how close science fiction books and movies got things right 30 or 40 years ago. Although many things have changed for the better or worse (as predicted), we [...]
The attacks on legitimate financial services that many Americans rely on to make ends meet aren’t going away. As policymakers consider misguided proposals and rules under the guise of consumer protection, we need you [...]
Creating a corporate culture that mirrors your mission and values is crucial to credit unions—and indeed, any employer—today. Employee resource groups are emerging as pivotal platforms for fostering diversity, inclusivity and employee engagement. [...]
“Democracy Dies in Darkness.” That is the official slogan of The Washington Post, adopted in 2017. The slogan was introduced on the newspaper’s website on February 22, 2017. The phrase was popularized by investigative [...]
US consumers raised their optimism about the US economy for the third straight month in February to cap a week that offered investors a complicated picture. The initial read on consumer sentiment in February from [...]
Credit score “migration” isn’t a new phenomenon. Scores for individual consumers rise and fall by definition. If someone gets behind on a loan, that counts against their score. If they apply for a lot [...]
Loan demand was strong last year. Deposits were elusive. But that’s not news to you. That was the overall story for most credit unions in 2023. For more than 10 years, we have collected [...]
Community Development Financial Institutions, often called CDFIs, are the unsung heroes of financial empowerment and community growth. This guide will delve into what CDFIs are, who they serve, their benefits, how they help people, and [...]
