News Archives

Here’s why you didn’t get the CEO position…

Here’s why you didn’t get the CEO position…

(…with apologies to all the wonderful candidates I’ve interviewed for retiring CEO positions…) My head is spinning. 200 CEO resumes. 180 cover letters (yes, some actually didn’t follow instructions to include a cover [...]

CUNA economics: Strong hiring in May

CUNA economics: Strong hiring in May

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s May Employment Situation: “The economy added 339,000 jobs in May, which was much higher than the consensus expectation, [...]

Senate sends debt ceiling deal to Biden ahead of deadline

Senate sends debt ceiling deal to Biden ahead of deadline

After a strong bipartisan showing in the House to pass the debt ceiling deal Wednesday evening, the Senate followed suit Thursday night and approved the legislation 63-36. The bill now heads to President Joe Biden [...]

PODCAST: Challenges facing finance leaders

PODCAST: Challenges facing finance leaders

The economy and pressures on liquidity and noninterest income dominated discussions at the 2023 CUNA Finance Council Conference in Anaheim, Calif. This episode of the CUNA News Podcast features conversations from that event. It features: [...]

Inflation’s impact on the housing market

Inflation’s impact on the housing market

Everything happening in our economy today hinges on inflation. If inflation continues to fall quickly, robustly, and smoothly, we can expect the U.S. economy to rebound well. Consider it a softish landing, as the [...]

The challenge of credit card debt and six ways to fix it

The challenge of credit card debt and six ways to fix it

Acting financially responsible in America today has come to mean “borrow and repay,” says Barbara Kiviat, economic sociologist at Stanford University. “It sort of crowds out the idea that maybe not borrowing in the first [...]

You want brandy? Really?

You want brandy? Really?

There’s nothing like a concierge. A good one listens and makes recommendations to you based on your wants and needs. The best businesses act that way. I recall walking into a wine store about [...]

NCUA designates June as MDI Awareness Month

NCUA designates June as MDI Awareness Month

NCUA is designating June as Minority Depository Institution Awareness Month to enhance the public’s understanding of the vital work minority depository institution credit unions perform in underserved communities nationwide. “Service, opportunity, and financial security [...]