Of all the abnormal economic conditions we’re experiencing, the increase in consumer loan losses is what’s most perplexing in the eyes of Ent Credit Union’s Chief Revenue Office Bill Vogeney. In a [...]
A partnership, in its simplest form, allows two parties to produce a result that is greater than the sum of what they could each do individually. Naturally, the partnerships with the strongest goal alignment tend [...]
“We need you to push our limits this year,” said a credit union CEO as we built an agenda for a few days of strategic thinking, dialogue, and planning with senior executives and the Board [...]
Total loans outstanding in federally insured credit unions increased $132 billion, or 9.1%, over the year ending in the third quarter of 2023, to $1.59 trillion, according to the latest financial performance data [...]
The Treasury Department Thursday released a revised CDFI certification application after delays that have set back financial institutions. The CDFI Fund initiated a certification blackout period Oct. 1, 2022, as it proposed changes to the [...]
PSCU and Co-op Solutions announced on November 6, 2023, that they are entering into an agreement to combine. This combination of the industry’s two leading CUSOs promises to create the premier fintech solutions provider [...]
It's official, SundaySky and Allied Solutions have won the People's Choice Award for digital innovation in Finance. Join Allied's Charlie Peterson and SundaySky's Ian Gold in this special podcast release as they dish about gaining [...]
When asked “In the past year, which method did you use most often to manage your bank account(s)?” consumers responded as follows: Mobile (apps on smartphone or tablet) - 45% Internet/Online (Laptop or [...]
Are Americans willing to sacrifice convenience and ease of use to conduct their digital financial lives in a safer environment? Or will they continue to bank and invest on an Internet that resembles a game [...]
In 2022 alone, banks issued 680,000 reports of check fraud to the Financial Crimes Enforcement Network (FinCEN) — an increase of 94 percent over the previous year. How does check fraud happen? And, what is [...]
It’s gift-giving season! And there are a lot of ways people give gifts this time of year, from White Elephant to Secret Santa to Favorite Things to Snow Pals. But today, let’s focus [...]
In today's financial landscape, data is a must-have for success – and relying on a single data source is no longer enough. As cardholder interactions continue to evolve, diversified data strategies empower credit unions to bring [...]
As credit unions, our differentiator is not just in our structure as not-for-profit financial cooperatives, it’s in our heart and commitment to both our members and our communities. How that plays out in our [...]
Generative AI is a hot phrase today. A branch of Artificial Intelligence (AI), it can learn from and mimic large amounts of data to create everything from music to art. The media touts the excitable [...]
The Federal Housing Finance Agency (FHFA) released a report outlining roughly 50 recommendations for the Federal Home Loan Bank (FHLB) System. One recommendation that’s particularly relevant concerns the types of collateral credit unions can [...]
