Tips for summertime fun
In a rut? Here are 13 ideas to help make the most of your summer... You’re ready to take advantage of the warm summer months that feel like freedom — especially after the challenging couple [...]
News Archives
What financial institutions need to know about the subscription economy
Today, there's a subscription for everything. Netflix, HBO, Amazon Prime and other streaming services. Pet food and meds. Cosmetics. Meal kits. Music streaming. You name it, there's a subscription for it. It's getting so popular [...]
How is your personal credit impacted by rising interest rates?
According to our Q3 2022 Consumer Pulse, rising interest rates is one of the top five concerns for Americans in 2022. It’s understandable — a rise in interest rates can impact numerous parts of your [...]
Break free from long-term contracts that don’t serve your credit union
With all the technological advancements around us, have you wondered what it would be like to go back to the good old days? You know, where a handshake meant something, and you could 100% trust [...]
The truth about measuring email marketing success: Profit and ROI vs. clicks and opens
When measuring the success of an email marketing campaign, many financial marketers can become hyper-focused on clicks and opens. While these are important metrics to track and optimize, they don't tell the whole story - [...]
Fair Lending: Using AI to democratize compliance
In its most recent advisory, the CFPB addressed a critical question - “When creditors make credit decisions based on complex algorithms that prevent creditors from accurately identifying the specific reasons for denying credit or taking [...]
Proud in the month of pride
A lot of us have been focusing on the “I” in DEI lately. Very basic DEI training has taught us that it is not enough to just make space, but efforts must be made for [...]
The power of partnership: Credit unions + fintechs
The well-known proverb "necessity is the mother of invention" sums up the story of how the traditionally adversarial relationship between financial technology companies (fintechs) and credit unions has evolved into a mutually beneficial partnership. The [...]
Approps markups, housing hearings scheduled this week
The House will hold a committee work week with no activity on the floor. The Senate will process several executive and judicial nominations. The House Appropriations Committee is expected to mark up the FY23 State, [...]
New home sales ‘rebound modestly’ in May
New home sales grew 10.7 percent in May to 696,000 annualized units, while April saw an upward revision of 38,000 units. Compared to last year, May sales were 5.9 percent lower. [...]
USF FCU’s strategic planning process promotes alignment
$1 billion USF Federal Credit Union in Tampa, Florida, has taken a novel approach to collaboration by developing a unique, best-in-class practice for strategic planning. Rick Will, Ph.D., professor emeritus at the University of [...]
Video: Cryptocurrency applications
Whether credit union leaders decide to offer or forgo cryptocurrency services, ignoring crypto isn’t an option, says Lamont Black, associate professor of finance at DePaul University. “You must do your due diligence,” says Black, [...]
Purposeful Talent Development: Why credit unions should offer continuing education for employees
The credit union movement is founded on the principle of people helping people. This relates to how credit union professionals work to improve the financial well-being of their organizations’ members and help those members reach [...]
8 common fair lending compliance myths – and the realities!
Editors note: this post was originally published in November 2015 and has been completely updated for comprehensiveness. Myths are stories with a purpose, often used to justify an approach or belief system. In conversations with [...]
Credit union leaders convene in Chicago
The CUNA Board of Directors had a great meeting this week in Chicago as we took stock of what the CUNA-League system has accomplished this year and made plans to capitalize on our momentum. Board [...]