Both new and used car prices soared during the pandemic because of chip shortages and growing inflation. The latest data from the U.S. Bureau of Labor Statistics shows used car prices coming back to [...]
Credit unions celebrate Pride Month with their own collective voice of identity and representation. CU Pride, the LGBTQ+ association for credit unions, provides a space where credit union LGBTQ+ colleagues and allies can come together [...]
When a decision-maker approaches technology decisions from a business background, they’re not always swayed by the right factors. They end up obsessing over the marketing's promises of ROI rather than the security, or marveling [...]
Loan origination systems (LOS) can be simply defined as a digital platform that facilitates the lending process from application through the disbursal of funds. While the definition may be straightforward, comparing different LOS platforms will [...]
The House is preparing to consider legislation that would allow all credit unions to expand their fields of membership (FOM) to include underserved areas. The House Rules Committee has indicated it is likely to meet [...]
As leaders, it’s necessary to recognize how your employees respond to crises, and how they react when a customer or member have an issue they can fix. Do they work to see if the [...]
Welcome to the CUInsight Minute, sixty seconds from our Managing Editor John Pettit with our favorite reads from the week. Mentioned: 3 ways to own your growth and development by LINDA LAFORTUNE, CUINSIGHT.COM My [...]
I’m sure you’ve heard plenty of reasons why you should buy a house and stop renting. It's definitely nice to have equity, but does that make it the best choice for everyone? Maybe [...]
I doubt there’s anyone reading this who hasn’t heard the phrase “People Helping People.” It’s the three simple words that make up the foundation of our industry. It’s the reason why [...]
Everyone is also a leader. We are responsible for leading our members to good decisions, leading the people around us to reinforce the organization’s mission and vision, and leading ourselves to work to reach [...]
Attracting new members is great, but what makes them want to stay with you? At Service Credit Union, we’ve long believed that making our members more financially well should be our ultimate goal. After [...]
The National Security Agency, Cybersecurity and Infrastructure Security Agency, and Federal Bureau of Investigation issued a joint cybersecurity advisory on cyberattacks from China. The advisory describes the ways in which state-sponsored cyber actors continue to [...]
The Senate Wednesday confirmed Todd Harper to serve a full term as NCUA Board Chairman, in a 59 - 40 vote. The Senate Banking Committee in January earlier this year advanced Harper’s nomination in [...]
As interest rates rise, credit unions must look for strategies to protect margins and valuations on their loans and investments. A new update to Financial Accounting Standards Board accounting rules may provide options to use [...]
In this podcast, we hear from Christopher Leonard, CEO of Velocity Solutions about the many changes in the overdraft landscape. He shares ideas for how credit unions can provide responsible and compliant liquidity options for [...]
