News Archives

Focusing more on capital investments with Dan Raju

Focusing more on capital investments with Dan Raju

Do you find the world of trading a touch intimidating? Enthralling? Completely foreign but still a little fascinating? If capital investment piques your interest at all—and perhaps it should—this is the Banking on [...]

NAFCU asks NCUA to increase interest rate ceiling

NAFCU asks NCUA to increase interest rate ceiling

The National Credit Union Administration (NCUA) should immediately increase its permissible interest rate ceiling, the National Association of Federally Insured Credit Unions (NAFCU) said Thursday. In a letter to the agency’s board, Ann Kossachev, [...]

CFPB takes action against Bank of America

On May 4, 2022, the Consumer Financial Protection Bureau (CFPB) announced a $10 million civil penalty and the filing of a consent order against Bank of America, N.A. (BoA) for actions taken in respect [...]

CUNA Research: April jobs report stronger than expected

CUNA Research: April jobs report stronger than expected

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s April Employment Situation: “The economy added more jobs in April than expected fueled by employment gains across several sectors. [...]

NAFCU Board nominating ballot results

NAFCU Board nominating ballot results

The Nominating Ballot phase of NAFCU's 2022 board election has ended; official ballots will be sent to members May 11. The deadline for returning the ballots is May 25. Four candidates ran uncontested, officially winning [...]

Transforming transactions

Transforming transactions

Four experts weigh in on the disruptive, always-changing payments space—and their recommendations for how to capitalize on it. Payments Personalization From Amazon suggesting your next buy before you even realize you need it to [...]

PODCAST: Marketing and business development tips, trends

PODCAST: Marketing and business development tips, trends

The marketing and business development world is undergoing constant changes. Credit union thought leaders are paying attention, following technological advancements and changing member preferences, and their impact on the movement. Those topics are at the [...]

Close examination of tax expenditures needed, GAO says

Close examination of tax expenditures needed, GAO says

The federal government must develop a comprehensive fiscal plan, which should include an examination of the effectiveness of tax expenditures—a budget category encompassing the credit union tax exemption—the Government Accountability Office (GAO) said [...]

Whatever it takes

Whatever it takes

Watching yesterday’s post on the Federal Open Market Committee (FOMC) press conference with Fed Chairman Jay Powell, I feel that we saw a chairman chastened by a resounding early loss in battle to his [...]