Do I need life insurance if…?
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 [...]
News Archives
3 Questions with Alacriti’s Mark Majeske
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 [...]
Survey: NCUA employees slightly less satisfied; CFPB employees happier
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” [...]
Capital Corner: Is the die cast for the midterm elections?
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 [...]
Reap the benefits of becoming a ShiftThinker™
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 [...]
Commercial cards: An opportunity too big to miss
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. [...]
Investing in back-end technology during challenging times
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 [...]
5 takeaways for credit union growth in FY2023
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 [...]
End terminal debt
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 [...]
McCarter LaBorde identifies strengths, challenges in WCUC address
World Council of Credit Unions (WOCCU) President/CEO Elissa McCarter LaBorde identified the strengths of the global credit union industry and issued some challenges to its leaders in her inaugural “State of the Movement” address [...]
This week: NAFCU tracks several hearings, NCUA Board meeting
This week, both the House and Senate are in session and NAFCU will remain engaged with lawmakers on the industry’s top priorities. Hearings of note this week include: tomorrow, at 2:00 p.m. [...]
Lending Perspectives: Is the 2022 housing market like the pre-Great Recession housing market?
I admit it, I’m a planner and always want to be prepared, no matter the situation—personal or professional. I once flew to Dallas to buy a car with a plan B and C [...]
House passes bill with marijuana banking, NCUA vendor authority
While the House last week passed an FY23 defense authorization bill that includes marijuana banking and several other financial services provisions, it remains unclear if the Senate will accept any of them or if they [...]
CFPB releases advisory opinion reaffirming position on “pay to pay” fees
On June 29, the Consumer Financial Protection Bureau (CFPB) released an advisory opinion reaffirming its position that pay-to-pay or “convenience” fees are prohibited by section 808(1) of the Fair Debt Collection Practices Act (FDCPA) [...]
Resources for borrowers: Tips for parents with young drivers
The first days of the fall semester are just around the corner. For many parents, this means their kids are going off to college or returning to high school driving their first vehicles. It can [...]