News Archives

NCUA should be ‘laser-focused’ on budget discipline

NCUA should be ‘laser-focused’ on budget discipline

NCUA should be laser-focused on budgetary discipline, CUNA Deputy Chief Advocacy Officer Jason Stverak told the agency Wednesday at its 2023-24 budget briefing. NCUA’s proposed combined 2023 staff draft budget is $367.0 million, [...]

Freddie Mac announces underwriting innovation

Freddie Mac announces underwriting innovation

Freddie Mac announced Monday a new underwriting innovation that aims to qualify more borrowers for a mortgage. The innovation will include a “review of a borrower’s bank account data to identify a history of [...]

Why insurance may help you feel better

Why insurance may help you feel better

Just imagining a scenario in which you can’t pay your bills is stressful. Now imagine how stressful it would be if you really can’t pay a bill. One’s mental health could be [...]

Why credit union marketing must be redefined

Why credit union marketing must be redefined

Life was very different 15 years ago. Second Gen iPhone came out and the big deal was 3G and it finally had GPS! Blu-ray players went “mainstream” Google introduced the android Blackberry debuted the Storm [...]

Tools available to help credit unions stabilize staffing

Tools available to help credit unions stabilize staffing

Stock market swings, shifting energy pricing and interest-rate spikes are converging to create a complex economic landscape. Stacking that atop the aftermath of a pandemic that led to widespread employee burnout and the uncertainty of [...]

Pause cancer debt

Pause cancer debt

Credit unions should pause all monthly loan payments, interest accrual, and late charges for a minimum of 12 months for every member in treatment for cancer. By doing so, we would provide immediate financial relief [...]