When companies consider their security posture and cybersecurity strategies, there are two areas that are often overlooked – maintenance and employees. Cybersecurity is not a one and done project. Hackers are evolving their methods and there [...]
“We’re part of something bigger! Our networks are our net worth! Cooperation is our superpower!” These are the mantras that inspire World Council’s Young Credit Union Professionals’ (WYCUP) program to connect the world’[...]
The year 2020 was a tough time for businesses and workers alike. One of the long-term impacts of Covid-19 was the transition to increased working from home (WFH), which brought about new challenges for team [...]
CUNA wrote in support of a bill Tuesday that would prevent the Small Business Administration (SBA) from directly making loans under the 7(a) loan program. Rep. Blaine Luetkemeyer (R-Mo.) introduced the bill, H.R. [...]
President Joe Biden Monday reappointed Jerome Powell for a second term as Chair of the Federal Reserve, head of the U.S. central bank. Powell currently serves in this capacity and was nominated by President [...]
Michael Daigneault, CCD, CEO at Quantum Governance, tells a story of a judge who served on the board of a large credit union. At board meetings, he would speak up, be heavily involved and opine [...]
An influential community group last week joined bankers in telling Congress that credit unions are not fulfilling their mission and are not sufficiently accountable to the communities they serve. “Credit unions are not held accountable [...]
According to a recent issue of the “Digital Banking Report”, mentioned in the blog “The Financial Brand”, “abandonment rates increased significantly as the time to open an account or complete an application increased. If the [...]
A recent study showed 71% of US CEOs are “extremely concerned” about cyber threats — ahead of pandemics and other health crises. This concern is well-founded considering: 70% of successful breaches originate at the endpoint 70M [...]
Seattle has a housing problem. By one estimate, 40% of the city’s residents are considered low income — making less than 80% of the area’s median income — in a market where rents have risen [...]
Feeling hunted? Not an ideal place for a credit union to find itself, but – for many CUs today – them’s the hard facts, folks. So how can your credit union avoid mergers and acquisitions? And [...]
More and more, financial institutions are focusing on the consumer experience. Particularly, in our post-pandemic environment where consumers are leveraging self-serve channels for their day-to-day activities, user experience has become critical to maintaining and growing [...]
In 2008, the bottom fell out of the economy. The Great Recession devastated world financial markets, the banking industry, and real estate. During this time of great economic upheaval, CUNA Mutual Group launched what would [...]
The African American Credit Union Coalition (AACUC) annual conferences set the tone for our year ahead as an organization. The 2021 annual conference was extraordinary – one of the best conferences to date. We chose a [...]
It seems that interest in Bitcoin and other cryptocurrencies raises exponentially (“to the moon” as crypto-enthusiasts like to say) every day. This has caused credit unions, financial regulators, and policy-makers to seriously consider how, and [...]
