As we face economic headwinds and a volatile market, a number of banking and technology trends are emerging worldwide. As a result, credit unions will have to innovate faster than ever to avoid falling behind [...]
The other day, I heard someone say, in response to an employee leaving their company, that the grass isn't always greener on the other side; he'll be back. While I have mixed thoughts about that [...]
Credit unions support appropriate oversight and regulation of the digital assets marketplace and must have the authority to participate, CUNA wrote to the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion this [...]
Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin, D-Md., and Ranking Member Joni Ernst, R-Iowa, wrote to the Small Business Administration (SBA) this week to express major concerns on two proposed rules issued by [...]
A great book can change your perspective, open up possibilities, build self-awareness and spark personal growth and change. There is one author whose work has had a big impact on my life over the past [...]
Which credit union mascot is the best? CUNA News staff have compiled 16 of the goofiest, most creative, intriguing credit union mascots across the U.S. Now, over the next month, readers can trim that [...]
You might imagine that the modern-day workplace has left discrimination in the past century because the new wave of employers, HR managers and employees have all been well-educated about the value of an inclusive work [...]
“CECL becomes effective for federally insured credit unions for financial reporting years beginning after December 15, 2022. Required regulatory reporting will begin with the March 31, 2023 Call Report. Institutions may adopt the standard sooner.” [...]
In continuing with a busy start to 2023, the Consumer Financial Protection Bureau (CFPB) has brought a couple of interesting enforcement actions for violations that predominantly affect military families. CFPB’s Action Against TitleMax The [...]
In today’s fast-paced and ever-changing business environment, it’s becoming increasingly important for companies to be flexible and adaptable. One way to achieve this is by hiring a fractional leader or an interim or [...]
ITM adoption can be a controversial topic with members. From concerns that they’ll be losing access to real human service to worries about new technology, automation, and branch staff losing their jobs, many members [...]
As credit unions move forward with real-time payment adoption, how to connect is the primary consideration. However, another major decision is whether or not to use a funding agent (or correspondent partner). Participating in real-time [...]
Like many children of immigrants, my parents held down long hours at work and often juggled multiple income streams. This left me to be raised by my grandmother, an undocumented immigrant with no formal education. [...]
Dime-a-dozen promotions fill the web, but to build true trust with your credit union’s staff, membership and community, it takes more than super fabulous and illuminating adjectives. It takes facts—solid statistics and proof [...]
World Council of Credit Unions (WOCCU) International Advocacy and its partners outlined how advocacy efforts by U.S. credit unions have resulted in meaningful changes for credit unions and their members in wartime Ukraine, and [...]
