VIDEO: Weekly Wrap-up May 8-12
See what CUNA News staff is up to by watching the Weekly Wrap-up for May 8-12. Who is on the newest CUNA News Podcast episode? What awards are being handed out? How are credit unions [...]
News Archives
Driving low-cost deposits that deliver
Many credit union executives assume that once they acquire new members, those members will embark on a journey to become loyal account holders. This assumption is often wrong. If those new members never fully onboarded [...]
Banking agility: Aligning tech spending with business strategies
Financial institutions need to continue investing in technology if they hope to remain relevant in today’s competitive market. However, establishing business priorities and knowing where to invest can be challenging. There is a lot [...]
A BNPL borrower strategy that builds relationships
Times may be tough financially, but that does not mean consumers are skimping on necessities or sacrificing luxuries to get by. Many are leveraging a popular lending concept that facilitates short-term split payment options to [...]
Don’t be a jack-of-all-trades, be an ACE
I saw once that the original phrase for “a jack-of-all-trades is a master of none” was actually “a jack of all trades is a master of none, but oftentimes better than a master of one.” [...]
CUInsight Weekly Minute with Robbie Young – May 12, 2023
Welcome to the CUInsight Minute, sixty seconds from our VP & Associate Publisher Robbie Young with our favorite reads from the week. Mentioned: Is ChatGPT a helpful compliance tool? by RAFAEL DELEON, NCONTRACTS Everyone’s [...]
Leadership lessons from an animated dog
As some of you may know, I am a mom of two young daughters, Beatrice and Senora. Nowadays, all I get to watch are kids shows. I guess you could say I'm stuck in a [...]
Members are hungry for guidance and intervention
More than eight in ten Americans cite inflation as a source of stress and nearly 60 percent are concerned about having money to pay for present necessities. It seems safe to say the economy is [...]
Amidst bank failures, customers worry about FI stability
The last two months have been chaotic, unnerving and problematic for financial institutions, not only in the U.S. where 3 of the 4 largest bank failures in the nation’s history have occurred, but [...]
Proposed 7(a) changes will negatively impact CUs, borrowers
CUNA strongly opposes the proposed changes to the Small Business Administration’s (SBA) 7(a) loan program, it wrote to the House Small Business Committee for its hearing on the program. Loans made through the [...]
NAFCU’s Yosif: Inflation slowing, but not quickly
On a seasonally-adjusted basis, overall consumer prices rose 0.4 percent in April, with the overall consumer price index (CPI) rising 5 percent year-over-year. NAFCU Economist Noah Yosif analyzed the data in a new Macro [...]
CFO Focus: Federal funds rate considerations for credit unions
The Federal Reserve’s latest 25 bps increase in the fed funds rate presents opportunities and challenges for credit unions. With the grand total of rate increases since early 2022 now at 5%, this puts [...]
Navigating the financial implications of natural disasters
Natural disasters have been a part of the Earth's natural systems since the dawn of time. Galileo once taught that nature is orderly and follows mathematical and physical laws, but nature's complexity often defies predictability. [...]
Leaders in Lending | Ep. 108: Tackling the rise of fraud in banking
Fraud is on the rise — bad news for banks and customers alike. In today’s digital world, criminals have more tools at their disposal than ever before. And financial institutions, government and consumers all have [...]
Achieving long-term, sustainable growth through living your mission
If your community is growing, it’s also diversifying. To this point, the U.S. Latino population is growing rapidly in communities across the nation. In 2021, roughly one in five Americans was of Latino [...]