ESG has become an increasingly important factor for investors over the years, but, recently, it's become a top priority for customers, and even employees, too. And with this increased pressure to be seen to be [...]
CUInsight Publisher & CEO Lauren Culp is joined by Michelle Prohaska, Chief Compliance Officer at Nymbus for a quick interview with just 3 questions about compliance... Three questions: 1. (0:40) Top three compliance trends [...]
As Congress continues to struggle with marijuana banking legislation, the number of credit unions serving marijuana-related businesses has remained consistent, according to data recently released by the Financial Crimes Enforcement Network (FinCEN). FinCEN reported that: [...]
As some of you may know, in early 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Under the CARES Act, borrowers with federally backed mortgage loans could obtain a 180-day [...]
Over the near term (12-18 months), credit unions will need to pull out their recession management playbooks. However, because we do not see the forthcoming economic downturn being anything as severe as the Great Recession [...]
‘Tis the season for never-ending commercials, ads, and emails. According to a recent article published by Forbes, holiday shopping is expected to look a little different this year—and some of the predictions may seem [...]
The Storyteller. If you’re lucky, there’s at least one person in your group that holds this title. The one that everyone gravitates toward. The one that always has everyone laughing, engaged, and having [...]
You know that voice in your head questioning your credibility? The one asking “who do you think you are for even trying this”? Instead of trying to silence it, give that voice a warm welcome. [...]
CUNA joined other community development organizations in a letter to Treasury’s Community Development Financial Institutions (CDFI) Fund calling simplified reporting requirements. The comments were sent in response to a request for feedback on the [...]
Today, the 117th Congress begins its final three and a half weeks with major bills still to pass, including the National Defense Authorization Act (NDAA) and a government spending bill to avoid a government shutdown. [...]
It’s no secret that economic turbulence is impacting both borrowers’ financial lives and credit unions’ portfolios. A perfect storm has been brewing since 2020, and it’s the convergence of historically high vehicle values, [...]
Digital technology has turbocharged the commercial lending process with fast, highly automated decisions seriously slashing the time to “yes.” But to navigate the uncertain times ahead, lenders will need more than speed from their fintech – [...]
Gaps in a person’s teeth are readily apparent. Closing them is a straightforward task for a good orthodontist. In contrast, gaps in the knowledge, skills and abilities of a leader, manager or individual contributor [...]
The holidays bring on a flurry of activity for most businesses every year. Even with the potential of a recession looming over us, there seems to be little to no signs of it slowing down [...]
The U.S. Supreme Court should not rush a decision about whether to consider a federal appeals court ruling that found the funding mechanism for the CFPB unconstitutional, an attorney for the Community Financial Services [...]
