Even as he was serving as chairman of the National Credit Union Administration (NCUA) from 2019-2021, current Board member Rodney Hood always had an eye on the road ahead for the credit union movement, zeroing [...]
The pandemic accelerated consumers’ appetite for digital offerings. We’ve gotten spoiled with services ranging from one-click purchases from Amazon to mortgages in minutes online. Digital service is practically a product on its own, and [...]
When I first started my career journey, I wasn’t sure when I could or could not use my voice. More often than not, I would bite my tongue to spare myself a difficult conversation. [...]
CUNA wrote Senators Tim Scott, R-S.C., Mike Crapo, R-Ida., and Rep. Drew Ferguson, R-Ga., in support of their Prohibiting IRS Financial Surveillance Act. The legislation would prevent and codify opposition to the implementation of [...]
January marked 12 consecutive months of declining existing home sales as sales fell 0.7 percent during the month to a seasonally adjusted annual rate of 4 million units, representing a 38.4 percent decrease [...]
Interest rates have steadily risen over the last year, and the Federal Reserve just hiked them again. These steep rates in conjunction with inflation and the possibility of a recession have made consumers leery about [...]
Turning a perceived competitor into a partner is not a new strategy, but leveraging partners in the digital financial space to gain a competitive edge is increasingly urgent. In this episode, Curt Queyrouze, President of [...]
This week we are honored to have the Vice Chair of the NCUA (and Maine small-town boy), Kyle Hauptman. Kyle opens up about the biggest political and economic issues that are hitting our Credit Unions [...]
What are bankers thinking about when it comes to instant payments? Take a look at this infographic containing stats from a recent survey to find out:
“Call me Ishmael.” It’s perhaps one of the most famous opening lines in literature. (Bonus points if you can name the book!) It immediately invokes intrigue. “Is your name not Ishmael?” “Why are you [...]
Regulatory expectations related to overdraft fees continue to be a trending topic. Now more than ever, it is imperative to re-evaluate your program strategy to avoid compliance headaches and reduce your litigation risks. JMFA’s [...]
As we read in last month’s ALERT, the Defense Credit Union Council (DCUC) was created under the Credit Union National Association (CUNA) in 1963 with 87 credit unions serving 1,327,690 members with $[...]
On February 16, 2023 the NCUA issued its final rule on cyber incident notification requirements for federally insured credit unions. Compliance teams may not be feeling the pinch, but IT teams might need a hug, [...]
Opinions on the importance of branches vary throughout the industry. But every credit union can agree that traditional branches are expensive – and growing more costly every year. The past year and a half have brought [...]
If your credit union’s marketing and sales plans are hitting the runway with last year’s wardrobe, those same threads of rinse and repeat marketing tactics are likely to result in “meh” growth and [...]
