News Archives

NCUA board maintains 18% FCU interest rate cap

NCUA board maintains 18% FCU interest rate cap

The NCUA Board maintained the 18% federal credit union loan interest rate cap Thursday, setting it in place through September 2024 unless the board acts before that date. CUNA requested the board consider raising the [...]

Seven ways debit card issuers can compete in 2023

Seven ways debit card issuers can compete in 2023

The strategies credit unions deploy to grow debit portfolios in 2023 may wind up pulling double duty. That’s because many of the approaches to enabling a member’s everyday payments also move a credit [...]

VIDEO: Weekly Wrap-up Jan. 23-27

VIDEO: Weekly Wrap-up Jan. 23-27

The latest CUNA News Weekly Wrap-up, which covers Jan. 23 through Jan. 27, provides an early look at the biggest credit union event of 2023. The CUNA News Podcast features CUNA Executive Vice President and [...]

Risk management priorities for the new year

Risk management priorities for the new year

Rising inflation. High vehicle prices. Escalating monthly payments. These conditions are leading to financial stress for borrowers, and as a result, loan defaults are increasing. Lenders are in a precarious position to support borrowers while [...]

Digital banking: From cost center to profit center

Digital banking: From cost center to profit center

By 2028, the global digital banking market size is estimated to surpass $10.3 trillion—an omnipresence that regional banks and credit unions cannot afford to ignore. Financial institutions (FIs) need to step up their [...]

Stop the January work slump cycle

Stop the January work slump cycle

The new year is now in full swing. Activity is picking up at organizations as they execute their 2023 plans, with leaders at the forefront of this acceleration. However, studies have found that January is [...]

4 ways to get your week in order

4 ways to get your week in order

Sometimes it’s easy to prioritize your daily tasks. An average day usually contains at least a few things that can be pushed further down your to-do list. But what happens when you’re swamped [...]