NAFCU, along with other financial services industry trade groups, wrote to the Federal Reserve Friday urging the agency to delay the effective date of its final rule that requires debit card issuers to enable and [...]
The return to physical retail was perhaps the bigger story of 2022, but the rising number of consumers shopping online and paying with digital wallets are trends to watch as those numbers climb. PYMNTS recorded [...]
As executive director at the Association of Black Economic Power (ABEP) in Minneapolis, Debra Hurston is dedicated to removing social stigmas and finding financial solutions that allow Black residents of her community to thrive. ABEP [...]
Credit unions have long been a staple in local markets serving communities that have been historically underserved by traditional financial institutions. Like banks, credit unions accept deposits, make loans, and provide a wide array of [...]
All businesses go through various stages in their existence--credit unions included. After you open your doors and have some time to get things running, you naturally start to expand. Over time, however, you hit your [...]
The credit union system is fantastic for its peer networking groups and sharing of knowledge and best practices. While the point of these is to share challenges and ideas for creative solutions and innovation, they [...]
In an early February NCUA issued Letter to Credit Unions 23-CU-02, outlining risk factors linked to credit union service organizations (CUSOs) originating business, consumer mortgage, student, and credit card loans. NCUA emphasizes that a credit [...]
Thank you for tuning in to episode 50 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought [...]
Love is a beautiful thing, but unfortunately, it can also make us vulnerable to those who seek to take advantage of our emotions. Sweetheart scams, also known as romance scams, have become all too common [...]
A couple of years ago when I first left credit union branches one of the things that I thought I would miss the most was connecting with members. However, through Humanidei’s Executive Recruiting process, [...]
Worldwide Foundation for Credit Unions, in partnership with World Council of Credit Unions, Thursday launched its Turkish Cooperative Earthquake Relief Fund to solicit donations in support of Turkey’s cooperative movement, which has suffered mass [...]
The NCUA Board meets next week and is set to finalize the rule related to cyber incident notification requirements. NAFCU offered recommendations on the proposed rule to improve clarity and reduce regulatory overlap. The proposed [...]
Jim Woodrum believes that credit unions have “Hotmail directors in a WannaCry world.” In case you’re not familiar with these technologies, let’s break it down. Hotmail was a web-based email service launched in [...]
While Chris Oldag didn’t spend all of his time lending as a credit union leader, he now has much more time to devote to the people and activities he loves after retiring from $1.[...]
Each year Credit Union Magazine highlights four nominees for the Credit Union Hero of the Year, individuals who go above and beyond every day in how they live the credit union difference. I’m inspired [...]
