CUNA and Leagues continue to get the word out about credit union safety and soundness. We’ve reached out to members of Congress highlighting the ways credit unions are a stable, necessary, and popular choice [...]
"No man ever steps in the same river twice, for it's not the same river and he's not the same man." This quote from Heraclitus illustrates that in both life and business you can't go [...]
In lending, it’s often a case of “racing to the bottom” regarding rates and pricing. Competitors all try to have the best and lowest rates in town to maximize their loan dollars lent out [...]
As we discussed in part one of our Q1-2 2023 Economic Outlook, the financial sector appears well-positioned for an economic downturn. That being said, we are seeing the deterioration in delinquencies we have been forecasting. [...]
Over the last few years, we have all become familiar with operating our businesses in highly uncertain environments. Continued murkiness surrounding the possibility of a recession, the release of sometimes-troubling monthly macroeconomic data, and the [...]
Welcome to the CUInsight Minute, sixty seconds from our Publisher & CEO Lauren Culp with our favorite reads from the week. Mentioned: Cryptocurrency: The modern wild west by B. DAN BERGER, NAFCU “Tombstone” is an [...]
Looking for a new primary financial institution? Here are five reasons you should choose a credit union... Lower fees and better rates: Credit unions often offer lower fees and better interest rates on loans, mortgages, [...]
When I was a little girl, my two biggest fears were tornadoes and nuclear war. I grew up in East TN (tornado alley) near the plant that generates the explosive material for nuclear warheads. As [...]
Co-author: Katie Bailey One of the benefits of the cloud is an increase in the “as a service” model. This model allows businesses to take over some of the tasks or processes that a credit [...]
Comments from a panelist at the recent CUNA Governmental Affairs Conference provided the inspiration of this article. During the Inclusiv’ Juntos Avanzamos (Together We Advance) Forum I was privileged to listen to Eva Gomez, Board [...]
CUNA wrote in support of legislation to establish an “appropriate” compliance timeline for the Consumer Financial Protection Bureau’s (CFPB) section 1071 rulemaking. The Small Lenders Exempt from New Data and Excessive Reporting (LENDER) Act [...]
NAFCU Senior Vice President of Government Affairs Greg Mesack sent member credit unions an update on discussions and efforts underway in Washington, D.C., in response to recent bank failures. Of note, Federal Reserve Chairman [...]
Many of us are watching as the United States grapples with the failures of Silicon Valley Bank and Signature Bank, and Republic Bank receiving an infusion of USD 30 billion from 11 large banks. In [...]
The Midwest Region of CUNA's Mascot Madness tournament wasn't decided until the final day of voting. But with 36.4% percent of the vote, the regional champion is ... Boomer Froggy Boomer, the mascot of $81 [...]
A credit union board can be the institution’s biggest asset…or its biggest liability. As volunteers, board members enter their roles with varying degrees of experience and tend to stay on the board for [...]
