Corporate communications at many credit unions is like snow in the Pacific Northwest. It comes infrequently, no one’s planned for it, it sometimes causes a mess, but many feel exuberant when it happens. Before [...]
The failure of FTX, and the numerous other crypto companies over the last year, has made crystal clear the need for a comprehensive regulatory framework to govern the digital assets system, CUNA wrote to the [...]
In a letter sent Monday, NAFCU's Brad Thaler outlined credit union priorities for the House and Senate as they consider an end-of-year government funding package and conclude legislative work for the 117th Congress. Thaler, NAFCU’[...]
The NCUA has placed Richmond City Employees Federal Credit Union in Richmond, Indiana, into conservatorship, agency officials announced Monday. They said the conservatorship was needed due to unsafe and unsound practices at the credit union, [...]
Cardholders, whether referring to debit or credit, will likely use their cards because of the benefits that are offered to them. These benefits will increase member satisfaction, help make your credit union their primary financial [...]
I’m often asked by credit unions that are looking to work with our team this very question: “How long before I see my credit union marketing start to work?” It’s either an innocent [...]
This is the comment George would have written about the Vermont State Employees Credit Union merger proposal with New England FCU. We all remember George Bailey from the holiday film classic set in the fictional [...]
Many financial institutions have simultaneously set goals of becoming “mobile-first” and reducing costs by trimming their branch systems. But there are downsides to such thinking that may not be adequately accounted for in their strategy. [...]
As any parent will tell you, a baby’s name is important. And the process might be…long, to say the least. The parents make lists, have disagreements and after much exploration and compromising, name [...]
As the premier defense trade association representing the interests of credit unions serving the U.S. Armed Forces worldwide, the Defense Credit Union Council’s (DCUC) mission is one that always circles back to Serving [...]
The arrival of a new year often brings hope for a fresh beginning. But credit union business lenders who have dealt with the impact of a turbulent economy for many months should, unfortunately, be ready [...]
Everyone in the room agrees. People are more important than process. Our people are our top priority… We value our people above all else. Great! We then spend the next hour talking about how we [...]
Cutting costs and improving efficiencies to grow operating income is imperative in a recession economy. Credit unions can take proactive steps to help marketing and sales teams be both more efficient and achieve better returns. [...]
The House and Senate are in session this week, and the Senate will consider nominations and the FY2023 National Defense Authorization Act. Federal government funding is also scheduled to expire at midnight Friday, and members [...]
The Office of the Comptroller of the Currency (OCC) released its semiannual risk report last week, which found that interest rates, cybersecurity, compliance, and loan portfolio performance are among the top risks facing the banking [...]
