News Archives

Economic Update covers high-interest rate, high-inflation environment

Economic Update covers high-interest rate, high-inflation environment

CUNA Senior Economist Dawit Kebede discusses the latest economic and credit union system outlook in CUNA's latest Economic Update video. Kebede also issued statements this week on the Federal Reserve's Open Market Committee meeting, and [...]

Card looks matter

Card looks matter

In the scramble to get top-of-wallet position, graphics count, and graphics need to reflect demographics and local markets, explains senior graphics designer Josh Hatcher of CUES Supplier member Vericast, San Antonio. Metal cards are now [...]

CFPB writes report highlighting military complaints

CFPB writes report highlighting military complaints

Last month, the Consumer Financial Protection Bureau’s (CFPB) Office of Servicemember Affairs released its annual report identifying trends among consumer complaints submitted by servicemembers, veterans, and their families. The report highlights credit and consumer [...]

NCUA

NCUA Workbook update results in decline of LID population

The NCUA recently released an updated version of its Low-Income Designated (LID) Area Workbook, used to determine which geographic areas are classified as low-income. The new workbook implements the most recent American Community Survey (ACS) [...]

Capitol Hill momentum continues

Capitol Hill momentum continues

Credit unions were successful this week on Capitol Hill after the House passed two CUNA-League backed bills. The SECURE Notarization Act (H.R. 3962) authorizes the use of remote online notarization and creates national standards [...]

Demystifying your data journey

Demystifying your data journey

On average, a credit union has between 60-100 data sources. This alone feels overwhelming, but when attempting to harness this data to generate insights to help improve your members' lives, it simply feels daunting. This [...]

5 strategies to boost team synergy

5 strategies to boost team synergy

Something isn’t quite right, but you aren’t exactly sure what. Progress seems slow when your team has to work on projects together. Individually, they are all committed, smart, hardworking, and productive, but together [...]

GDP declines for second straight quarter

GDP declines for second straight quarter

The Commerce Department released its advanced estimate of economic activity Thursday, showing the U.S. economy, in terms of real Gross Domestic Product (GDP), contracted by 0.9 percent in the second quarter of 2022 – [...]