Situation With the effects of the coronavirus continuing to reverberate through the global economy, American credit unions face an existential crisis. To survive they must embrace a digital-first strategy that preserves the sense of trust [...]
NCUA Chairman Todd Harper testified before the House Financial Services Committee Wednesday, a day after his testimony before the Senate Banking, Housing, and Urban Affairs Committee. CUNA submitted a letter for the record of the [...]
The Treasury Department released a report Wednesday assessing the impact of fintechs in the financial services space. NAFCU met with the department earlier this year to share concerns about the lack of accountability and supervision [...]
The 2022 World Cup is quickly approaching, and many soccer legends are participating in their final world cup games. One of them is Lionel Messi—a soccer (or football, for those not in the U.[...]
Remarkable Credit Union · What it Means To Be a Remarkable Credit Union Our podcast is called The Remarkable Credit Union, but what does that mean, exactly? What distinguishes a good credit union from a remarkable [...]
The world of auto finance is broad and complex, and the evolving economic and regulatory environment is only adding to the complexity. As dealers and creditors increase their focus on revenue streams from ancillary product [...]
Federal credit union and banking regulators are working on two proposed rules aimed at eliminating racial bias in the home appraisal industry, NCUA Chairman Todd Harper told the House Financial Services Committee Wednesday. The first [...]
Mobile banking is now the primary way most Millennials and Gen Zers bank. And 46% of Baby Boomers are now using mobile banking since the pandemic. Between early retirement due to COVID, a tight job [...]
Technology is transforming the banking landscape, but it is cost-prohibitive for smaller institutions and can unfortunately leave out borrowers who need access to capital the most. Recognizing that access to credit is access to opportunity, [...]
With inflation reaching its highest point in 40 years and subsequent steep interest rate hikes, the real estate investment insurance landscape has changed significantly this year. For one thing, insurance costs are rising. Two Main [...]
Success may come easy to some, but to others it might as well be the Eighth Wonder of the World. It takes hard work, determination (perhaps a little luck), and the right support around you. [...]
The results of a recent National Credit Union Foundation (the Foundation) research grant are in—and they’re exciting. Launched in mid-2020, our Start at Home grant project asked a relatively simple question: if credit [...]
Remember when “constructive criticism” was considered an effective way to give feedback that would somehow illicit behavior change? Authority figures would tell an employee their bad behaviors (criticism), then tell them how to behave effectively ([...]
The new Congress brings new opportunities for credit unions and members, CUNA President/CEO Jim Nussle wrote in CUInsight Wednesday. Nussle noted the 118th Congress will feature a credit union majority, and CUNA, Leagues, and [...]
The Senate Banking Committee held a hearing yesterday to discuss how federal financial regulators are working to create a financial system that strengthens the financial services industry to benefit consumers, communities, and small businesses. During [...]
