CUNA: Credit unions DO pay taxes
Someone—it’s not clear who—once used the term “lies, damn lies and statistics” to describe how numbers can be used, and misused, to bolster arguments. For years, credit union trade groups and their [...]
News Archives
CFPB issues advisory opinion on ECOA and Reg B
Two weeks ago, the Consumer Financial Protection Bureau (CFPB or bureau) issued an advisory opinion to clarify the Equal Credit Opportunity Act (ECOA) and its implementing regulation (Regulation B) prohibit discrimination against members during the [...]
The CUInsight Experience podcast: Whitney Anderson-Harrell – Not a dress rehearsal (#135)
Thank you for tuning in to episode 135 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Allied Solutions. Allied Solutions is focused [...]
Credit unions positioned to compete in war on talent
The war on talent is affecting every business of every size across all industries. Following two years of upheaval in the traditional way we work, and the fear of the unknown with a virus that [...]
Why financial scam education is an essential service
Financial scams can lead to headaches and loss for credit union members, so it's essential to be educated on financial cons. But where can they find trustworthy information on financial security? Enter the credit union [...]
How your credit union can help your business members with working capital challenges
We all know that a business is more than just generating revenue and profits; it needs to manage its working capital efficiently. As the backbone of any company's financial metric, the money that a business [...]
World Council, ENCU applaud agreement on Digital Operational Resilience Act
The European Council presidency and European Parliament reached a provisional agreement on the Digital Operational Resilience Act (DORA) that allows for the proportional treatment of credit unions under new regulatory requirements on the security of [...]
Existing home sales fell in April for third straight month
Existing home sales fell 2.4 percent in April to a seasonally adjusted annualized rate of 5.61 million units, representing a 5.9 percent decrease in sales compared to last year. NAFCU Chief Economist [...]
Security, privacy and the work-from-home contact center
For credit union agents and their members, security and privacy are a two-way street. Members need to make sure their sensitive data is private and secure, while remote agents need to make sure their security [...]
PODCAST: Transforming the digital lending process
The transformation of complicated, paper-driven agreement processes, such as loan closings, to a 100% digital environment has been rapid but challenging, driven by the necessity of a pandemic and slowed by legal and identification requirements. [...]
The benefits of IT staff augmentation
IT staff augmentation refers to supplementing your team with new employees who can pitch in when needed. For a small business or startup, it isn’t a matter of replacing key personnel, but about freeing [...]
Marijuana banking lobbying intensifies, as conferees seek deal
As House and Senate conferees struggle to come to an agreement on a massive competitiveness bill, lobbying is intensifying in an effort to convince them to include marijuana banking legislation in the measure. The House-passed [...]
Looking for a leader
We’re all familiar with the saying it’s the small things that matter. Here’s how that leadership principle applies at your credit union or community bank. Last weekend, I visited some friends out-of-state [...]
Five ways to shift your daily energy
As leaders, it can become dull to go through our daily routines and doing the same tasks each day. On top of keeping ourselves lifted, we’re also expected to boost morale for those in [...]
CUInsight Minute with Alyssa Angurio – May 20, 2022
Welcome to the CUInsight Minute, sixty seconds from our Community and Marketing Coordinator Alyssa Angurio with our favorite reads from the week. Mentioned: Succession planning leads to success by CARLYN ROY, HUMANIDEI Since joining the [...]