Senate confirms Harper as NCUA Chairman
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 [...]
News Archives
PODCAST: Considering new interest rate risk strategies
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 [...]
Overdraft and alternatives – Fair and responsible liquidity options
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 [...]
3 things credit unions must know about social media
What would you do if Facebook disappeared tomorrow? It’s a question I posed to my social media team last year and a question that is more relevant today than ever. As the founder and [...]
Accounting teams: Effectively handle the growing demands of month-end close
Credit unions everywhere are seeing an uptick in asset size. From 2020 to 2021, credit union membership increased by 23%. Whether through acquisitions, mergers or organic growth, this means a larger burden for the accounting [...]
Creating avenues to financial inclusion for Latino communities
The Latino community represents 18 percent of the American population, according to a 2020 joint study between Harris Poll and Univision. That number is projected to grow more than 50 percent over the next decade. [...]
House draft defense bill considered a victory by key CU trade group
In an initial victory for credit unions, the draft defense authorization bill being marked up by the House Armed Services Committee subcommittees this week does not include a provision providing banks with the same free [...]
Leaders in Lending | Ep. 61: Where AI meets finance – Upstart hosts ‘boosted’ in San Francisco
"We should remember to always look back at ourselves and realize the power of what we can do if we push the ball forward," said Dave Girouard, Upstart's Co-Founder and CEO at Upstart's inaugural event, [...]
How climate change is impacting credit union communities today, and steps to mitigate risk
The time to acknowledge the effects of climate change on credit unions is a reality not to be dealt with tomorrow, but an existential challenge to be addressed today. According to a report by the [...]
Advantages of credit union credit cards for members
A credit union’s role to nurture member’s financial well-being is of the utmost importance in recent years. Providing products and services that meet all member needs, creating opportunities for financial education, keeping rates [...]
The six elements of a high-performance team
The words "teams" and especially "high-performance teams" get thrown around a lot. Most teams are not nearly as effective as they could be. Many are even what I would call dysfunctional. In years of working [...]
Helping members navigate in hard economic times
Everywhere we look, there seems to be more bad news about inflation, rising prices, and supply chain problems. The news can be pretty depressing. Not to mention challenging for all of us who are living [...]
Credit union champions see primary wins in six states Tuesday
Sixty-six credit union supporters won primary elections in California, Iowa, Mississippi, New Jersey, New Mexico, and South Dakota Tuesday. Candidates were backed by Credit Union Legislative Action Council (CULAC), CUNA’s federal political action committee [...]
NAFCU’s Berger, DCUC’s Hernandez team up to advocate for serving veteran members
NAFCU President and CEO Dan Berger joined with Defense Credit Union Council (DCUC) President and CEO Anthony Hernandez in a letter to House Small Business Committee Chairwoman Rep. Nydia Velázquez, R-N.Y., and Ranking [...]
NextGen Know-How: How to turn your inner critic into your inner coach
The first professional presentation I ever gave was as the assistant director of human resources. My vice president asked me to prepare a presentation for the board of directors. I had very little experience presenting—[...]