CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s June Consumer Index Report: “Prices jumped to another record high in June, coming in at 9.1% year-over-year, which [...]
NAFCU Tuesday announced its 2022-2023 Board of Directors during its Annual Business Meeting at the association's headquarters in Arlington, Va. Gary Grinnell, President and CEO of Corning Credit Union, has been elected as NAFCU's board [...]
Have you ever worked a long day only to feel frustrated that you didn’t get any real work done? Perhaps you dealt with constant interruptions, emergencies and issues, so you didn’t have time [...]
I recently witnessed one of the best examples of organizational clarity and alignment on a week-long cruise to the Eastern Caribbean. Subsequently, it only affirmed my belief that I should change my residence to somewhere [...]
Credit unions that are considering dipping their toes into the proverbial waters of cryptocurrency services for their members must consider the risk of doing so. There are counter-party risks, regulatory risks and reputational risks, among [...]
CUInsight Publisher & CEO Lauren Culp is joined by Jim Giacobbe, President & CEO at United Solutions for a quick interview with just 3 questions about ATMs and Magic Line... Three questions: 1: (0:35) [...]
Americans have been on a housing buying spree over the past two years, but there are signs the hot seller’s market is cooling off. Real estate data from April and May 2022 shows new [...]
AI in lending is still far from becoming mainstream. Credit scores invented many decades before modern computing, and AI's emergence often decides the fate of millions of members' dreams. Over 90% of all lending is [...]
As NAFCU reported last week, on July 7th the CFPB published an advisory opinion regarding “Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports.” The CFPB also released this press release about [...]
Do you ever wish you could have a proxy make a decision for you? Because flipping a coin isn’t usually a great idea (unless the decision is where to eat dinner). Here are three [...]
Long before there was an Alexa, Siri, or modern GPS, sailors navigated the high seas using the North Star as their guide. The sight of this brilliant, solitary star identified their location and, equally as [...]
For those of you who do not know, I started my career in a credit union because a credit union helped me immensely as a member. I wasn’t looking for a new job, nor [...]
Given the rising rate environment, many investors are looking for ways to mitigate their interest rate exposure, often investigating floating-rate assets. As discussed previously in our first article, Floating on Rising Rates to Success, from [...]
A group of American and Polish credit union leaders have joined forces to create a support fund through Polish credit unions delivering relief and economic stability for Ukrainian refugees in Poland. The proceeds of the [...]
NAFCU Senior Vice President of Government Affairs Greg Mesack Monday wrote to the House Rules Committee to voice the association’s priorities and concerns regarding the fiscal year 2023 National Defense Authorization Act (NDAA) as [...]
