Credit union trade groups scored a victory last week, when the House Financial Services Committee pulled from a markup a bill that would regulate overdraft programs at credit unions and banks. Financial services trade groups, [...]
A federal credit union (FCU) member has a right to inspect the books and records of a FCU so long as the member has a “proper purpose for obtaining the records.” While Article XVI, Section [...]
Thank you for tuning in to episode 35 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought [...]
During an onboarding meeting with a new credit union marketing client, I was asked point blank: Why aren’t we growing loans when so many other credit unions are? She went on to explain the [...]
We’ve all heard the generalizations about sensitive Millennials and the online entranced, eye-rolling Gen Z. While not everything you read is true, except that Gen Z is figuratively glued to their phones, both see [...]
Who knew hip replacement surgery would teach me inspirational leadership lessons. I’ve suffered from extreme hip pain the past two years. First I took aspirin. Then I scheduled massages, followed by acupuncture, a chiropractor [...]
A House Energy and Commerce subcommittee passed the CUNA-supported Securing and Enabling Commerce Using Remote and Electronic Notarization Act (H.R. 3692) with a unanimous 22-0 vote Thursday. The bill would authorize the use of [...]
This week, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Wednesday and House Financial Services Committee on Thursday as part of the Fed's Semiannual Monetary Policy Report to Congress. During both [...]
While there are many considerations when outlining an analytics strategy, one of the most critical components centers around the People. You Leadership Team is pivotal as they must continually provide top-down support to reinforce the [...]
Celebrity chef and author Jeff Henderson knows firsthand the therapeutic power of cooking, and he brings those insights to his work with the Chef Jeff Project, a workplace development and restorative justice academy that works [...]
How do credit unions best compete with fintechs? The key lies in becoming the digital hub for all the member’s financial needs. This is what leading fintechs are doing, and they are already enjoying [...]
I was reflecting on the fact that I’ve been talking about digital banking for a decade and a half. That’s a long time. I’d claim to have fathered the phrase banking-as-a-service back [...]
Gas prices these days, am I right? Not that you need the stats if you’ve made a trip to the gas pump lately, but here they are: On March 6, the price of regular [...]
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on Thursday opened its application round for the new Equitable Recovery Program (ERP). The program will provide about $1.73 billion in awards to [...]
As leaders, we learn to expect the unexpected. As life happens and new obstacles present themselves, we have to learn to assess, adapt, and reassess. However, this takes time and practice. When we learn that [...]
