The Senate passed a joint resolution of disapproval Wednesday on the Consumer Financial Protection Bureau’s section 1071 rule. CUNA wrote in support of the resolution, which would void the rule through the Congressional Review [...]
CFPB Director Rohit Chopra joined NAFCU President and CEO Dan Berger and member credit unions Tuesday for a virtual town hall discussion on a broad range of issues impacting the credit union industry. Berger asked [...]
Fintech companies have disrupted the traditional banking industry in an unprecedented way. Their innovative technologies and customer-centric approaches are reshaping how financial services are delivered, prompting credit unions to explore partnerships and collaborations with fintech [...]
In early 2020, no one (least of all the largest commercial banks) expected anything but doom and gloom. Jamie Dimon, CEO of JPMorgan Chase, noted in his annual shareholder letter, “We don’t know exactly [...]
Take a moment and think about your own path; surely you can identify a mentor that had an impact on the trajectory of your career. When I look back on my career, both in the [...]
Retirement can include many changes, including moving to a new home. Senior living communities are growing in popularity among those in their golden years. Within a span of 50 years, it’s predicted that the [...]
You’re squarely in the middle of a really busy season! I know what you’re thinking: when is it not a busy season in your industry? For many credit unions and community banks, the [...]
Happy National Chocolate Cupcake Day! Go ahead and indulge in one of life’s greatest desserts. In fact, grab a cupcake or your favorite treat, something to drink (a cup of coffee as I like) [...]
In the diverse landscape of financial institutions, credit unions hold a distinct place, characterized by a member-centric approach that prioritizes relationships over mere transactions. This unique approach requires training programs specially designed to capture the [...]
Now is the perfect time for community financial institutions to grow revenue from their credit card programs. Over the last year, low unemployment and high consumer confidence have driven increased spending and credit card usage. [...]
I love October. Especially in the Midwest, the fall blue skies shine boldly and hint at the chill in the air as summer fades. Joy emanates with the celebration of fall festivals, the creativity of [...]
Community Development Financial Institution-certified credit unions are key to achieving the mission of the CDFI movement, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Committee Tuesday. The committee conducted a hearing on how [...]
A group of Senate Republicans, led by Senate Banking Committee Ranking Member Tim Scott, R-S.C., sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson over the weekend raising concerns about the [...]
In the ever-competitive landscape of indirect lending, credit unions are constantly seeking ways to enhance their operational efficiency, improve member satisfaction and solidify their position as reliable auto financing sources. To achieve these goals, credit [...]
On the surface, the differences between running a bank and running a credit union seem very similar. However, for the Board of Directors to select the right executive to lead a credit union, it must [...]
