No overdraft fees may sound consumer-friendly — until you realize that people will still overdraw their accounts and need a way to meet short-term liquidity deficits. What does "no overdraft fees" really mean? For some consumers, [...]
On July 1, credit unions in Arizona, Colorado, Idaho, Oregon, Washington, and Wyoming came together as members of the GoWest Credit Union Association. The name, “GoWest” embodies the bold, pioneering spirit of the West, and [...]
World Council of Credit Unions (WOCCU) announced Diana Dykstra, president/CEO of the California and Nevada Credit Union Leagues, as its new Board Chair on day three of the 2022 World Credit Union Conference. Dykstra [...]
The Federal Housing Finance Agency (FHFA) Monday announced the establishment of the Office of Financial Technology, which will serve as a source of information to support the FHFA in assessing risks of emerging fintechs. NAFCU [...]
After a long slumber, inflation is awake and creating havoc for consumers and financial markets. The drama of the moment is amplified by the starting line from which inflation began its race higher. Since the [...]
You’re a coward! Yes, you! “It takes one to know one.” Indeed, it does, which is why I feel confident in calling you out. Because much like you, I hate tough conversations and big [...]
We have different needs at different stages of life. A young Gen Zer entering the workforce for the first time will have an entirely different path and goals than their Gen X counterpart who can [...]
CUInsight Publisher & CEO Lauren Culp is joined by Mark Majeske, SVP Faster Payments at Alacriti for a quick interview with just 3 questions about real-time payments... Three questions: 1. (0:33) When it comes [...]
Employees at the National Credit Union Administration (NCUA) were slightly less happy in their jobs in 2021 than they were the year before, according to the latest “Best Places to Work in the Federal Government” [...]
This November’s midterm elections are considered by political observers as one of the most critical in decades. President Joe Biden is suffering from low approval ratings and congressional Democrats are privately and publicly pessimistic [...]
A common denominator many of us share is being confronted by extraordinary uncertainty and adversity over the past few years. For some of us, the challenges created setbacks and forced us to question things—even [...]
Based on the December 2021 update to the Payments Study1, Visa estimates there were 2.9 billion B2B checks for an estimated $11.8 trillion. This represents 26% of all checks paid by U.S. [...]
Amidst uncertain macroeconomic conditions like rising rates, inflation, the war in Ukraine and an end to stimulus, credit union leaders may be wary of pursuing new fintech partnerships and digital transformation efforts. However, rather than [...]
I’ve spent the last year talking to scores of credit union leaders. What’s quickly become clear is that many credit unions are well-positioned for growth—even if they don’t realize it. The [...]
This is the most important CUInsight article I've ever written. In May, I launched End Terminal Debt, a project to convince every bank, credit union, credit card company, and mortgage lender to forgive the debt [...]
