CUNA announced the appointment of Alex Catanese as its newest director of advocacy. Catanese will help manage the association’s relationships with Democrats on a variety of key advocacy issues in his role at CUNA. [...]
Federal Reserve Vice Chair for Supervision Michael Barr released findings from the Fed’s review of Silicon Valley Bank’s (SVB) failure. In response to the insights, Barr said the Fed needs to strengthen its [...]
Over the last decade, mobile banking platforms and convenient features like remote deposit capture have gradually moved the transactional aspects of credit unions away from physical branch facilities and into online spaces. This transition was [...]
Credit Union Magazine announced the 2023 Credit Union Hero of the Year: Amanda Merz, community impact manager at $4.6 billion asset SAFE Credit Union in Folsom, Calif. Merz has deep ties to the nonprofit [...]
We’ve established that I am a reader. Previously I’ve shared books and other resources to celebrate Black History Month and Women’s History Month. Reading helps me see how other people, both very [...]
Customers who believe their financial institution cares about their financial health are three times more likely to be “very satisfied,” three times more likely to recommend their primary financial institution, and five times more likely [...]
In recent weeks the NAFCU Compliance Team has heard from a handful of credit unions about a notice they’ve received from the Consumer Financial Protection Bureau (CFPB or Bureau) relating to the data they [...]
Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to keep the ailing bank afloat failed. JPMorgan [...]
Thank you for tuning in to episode 159 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by CUES. CUES is the leading talent [...]
Today’s current economic climate, filled with news of modern-day bank runs, interest rates at levels not seen since before the iPhone era, an inverted yield curve reminiscent of the days prior to the past [...]
Just as upgrading technology has become a greater priority … inflation, shrinking margins and reduced deposits have slowed or stalled the implementation of new technology. Three common major obstacles standing in the way of their digital [...]
CUNA has serious reservations about the conclusion of a Government Accountability Office study relating to the regulation of federal depository institutions, it wrote to the GAO. The study, “High-Risk Series Efforts Made to Achieve Progress [...]
The Secure and Fair Enforcement (SAFE) Banking Act, which would provide greater clarity and legal certainty at the federal level for financial institutions to provide services to marijuana-related businesses (MRBs) in states that have legalized [...]
The credit union philosophy is largely driven by the idea of “people helping people” with a focus on promoting the well-being of every member. However, when it comes to the digital banking experience of most [...]
Revisit the 2023 CUNA HR and Organizational Development Council Conference in the latest episode of the Weekly Wrap-up. What were credit union professionals talking about this week when they met in San Diego? CUNA News [...]
