How to achieve maximum potential
Whether they serve anyone in a branch of the U.S. armed services, employees of a single company or several enterprises, or those who live, work or worship in a small town, all credit unions [...]
News Archives
Financial innovation persists through market turmoil
Its timing and San Francisco backdrop provided an added dimension to last week’s Finovate Spring conference. A procession of seven-minute demos from 52 fintech innovators remained the main attraction at the event’s annual [...]
Evolution or revolution?
There’s no shortage of statistics that tell you that in this age of digital transformation, members and prospective members are often ahead of credit unions in the adoption of digital technology. In addition, the [...]
Reimagining the human touch with AI: The practitioner’s perspective
Organizations are working relentlessly to make the customer experience at every touchpoint of a transaction as seamless as possible. And the conversation around AI has intrinsically correlated itself with intuitive, human-based customer experiences. The need [...]
Credit unions and the automatic stay
We’re all taught to stop, drop, and roll when it comes to catching fire, but we’re not always taught to stop and freeze all collection activity when it comes to a member who [...]
Treasury: CDFI program requests far outpace available money
The Treasury Department had good news and bad news for the Community Development Financial Institutions (CDFI) program on Tuesday. The good news: the program is growing in popularity, with 719 organizations applying for the CDFI [...]
Trends all credit unions want to know
We live in a fast-paced world and staying up to date on trends in the credit card industry can be daunting. Let Elan’s thought leaders and in-depth research help guide you to what you [...]
Building a modern credit union branch in a historic rowhouse
You’ve done your data-driven market analysis and crunched all the numbers. Not only did you find the absolutely ideal branch location for your market expansion plans down to the intersection, there’s a property [...]
4 upsides of cannabis banking
The Federal Reserve Bank recently announced its first interest rate hike since 2018 and financial institutions across the country are turning an eye toward new sources of low-cost deposits. The growing legal cannabis market offers [...]
How to access the productive flow state
Have you ever been in the zone at work? You are consistently checking things off your to-do list. You are being productive. In essence you’re just killing it that day, and then the next [...]
CFPB should bolster oversight of nonbank financial services
CUNA appreciates the Consumer Financial Protection Bureau (CFPB) bolstering its oversight of nonbanks in consumer financial services, it said in comments filed Tuesday. The CFPB issued a procedural rule amending the procedures the CFPB uses [...]
NAFCU offers support for HUD’s proposal to increase FHA insured mortgage loan term to 40 years
NAFCU Senior Regulatory Affairs Counsel Aminah Moore Friday wrote to the Department of Housing and Urban Development (HUD) to offer support for its notice of proposed rulemaking (NPRM) that would allow mortgagees to modify a [...]
Secondary capital helps boost financial well-being for credit union members, communities
Great Lakes Credit Union, a Northern Illinois-based credit union with more than $1 billion in assets, is focused on empowering its 80,000 members and the communities it serves—promoting financial literacy; giving back to [...]
Fintech partnerships: Focus on member value
While credit unions initially viewed fintechs as competitors and disruptors, they’ve become valuable partners in many instances, a panel of industry leaders said Wednesday during the 2022 CUNA Finance Council Conference in Las Vegas. [...]
Purposeful Talent Development: 9 reasons your bench is weak (and how to remedy each)
Here are some “givens.” Endless and annual CEO, C-suite and board surveys confirm that everyone is concerned about the strength of the talent bench. They state that the quality of talent management is among their [...]