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 [...]
America’s Credit Unions President/CEO Jim Nussle urged the House Financial Services Subcommittee on Financial Institutions and Monetary Policy to ensure credit unions continue to have access to liquidity via multiple channels in a [...]
Credit unions will never apologize for putting people over profit. For-profit financial institutions are responsible to their shareholders, our industry is committed to—and responsible for—Americans reaching financial freedom. The Community Reinvestment Act (CRA) [...]
As the Foundation team talks with credit unions about financial well-being for all, the single, recurring question we get is, “So, how do we actually ‘do’ financial well-being for all?” Folks understand that financial well-being [...]
What do you get when you mix three renown pop culture figures with business? The answer is simple: a lot of earned media. At a time when consumers have more media than they can consume [...]
Credit unions are excellent financial partners for members. In addition to being not-for-profit financial cooperatives, many credit unions offer competitive services and higher interest rates on savings accounts. Moreover, they pride themselves on knowing the [...]
Chances are, you’re not the only financial institution in your consumers’ lives. The digital age of banking is here, and with that shift has come a rise in neobanks and other non-traditional, often digital-only [...]
One of the most widely recommended tactics to enhance security is the implementation of multi-factor authentication (MFA). MFA adds a layer of protection to user accounts, requiring more than just a username and password for [...]
Do you remember the U.S. Postal Service pilot program that financial services trade groups warned was the first step toward postal banking? No? You’re not alone. Despite all of the dire predictions when [...]
Investment banking giant Morgan Stanley (MS.N), opens new tab is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string [...]
Retail sales slipped more than Wall Street expected in January, raising questions of whether America's resilient consumer could be losing steam. Retail sales fell 0.8% in January from the month prior according to Census [...]
Ahead of today’s hearing to examine potential regulatory overreach by the Department of Labor (DOL), America’s Credit Unions President/CEO Jim Nussle wrote to a House on Education and Workforce subcommittee to provide [...]
Just like in life, change is a constant in today’s financial services industry, and credit unions are not exempt. In order to fully support employees and organizational goals, credit union leaders must focus on [...]
We're all feeling the sting of inflation. Milk, bread, and a lot of other things are more expensive than they have been in a long time. Unfortunately, there's not a whole lot that we can [...]
As the father of two college sophomores, I’m no stranger to the Free Application for Federal Student Aid (FAFSA). The most important piece of the college funding puzzle, the FAFSA is used to determine [...]
