News Archives

Consumers keep up with rising loan payments

Consumers keep up with rising loan payments

The average new vehicle loan amount increased 8.5% in a year, according to Experian. The company’s latest State of the Automotive Finance Market report found that the average new vehicle loan amount increased [...]

Five tips for stellar presentations

Five tips for stellar presentations

Presenting to the C-suite or board of directors at your credit union can be an amazing opportunity. It is also terrifying! Here are some things I remember to tackle ahead of time to help my [...]

‘Tis the season for BSA updates

‘Tis the season for BSA updates

Season greetings, compliance folks! December is already shaping up to be a busy month in terms of Bank Secrecy Act (BSA) updates from the regulatory agencies. Let’s review some recent changes to the BSA [...]

Holly jolly card fraud prevention

Holly jolly card fraud prevention

Tis the season for holiday shopping, and card-not-present fraud. For the 2020 holiday shopping season, many consumers pivoted to e-commerce to accommodate social distancing and stay-at-home orders from the COVID-19 pandemic. As online shopping increased, [...]

Kebede: Inflation continued to surge in November

Kebede: Inflation continued to surge in November

CUNA Senior Economist Dawit Kebede issued the following statement in response to the November Consumer Price Index: “Inflation continued to surge in November. Supply chain disruptions, higher demand for goods that continue to exceed pre-pandemic [...]

Harper talks NCUA 2022 outlook, priorities for CUs, more at WHF event

Harper talks NCUA 2022 outlook, priorities for CUs, more at WHF event

The Women in Housing and Finance (WHF) Thursday held a public policy lunch on financial institutions regulation, with featured speaker NCUA Chairman Todd Harper. NAFCU Vice President of Regulatory Affairs Ann Kossachev attended the event [...]

2022 budget on NCUA December agenda

2022 budget on NCUA December agenda

If Thursday’s National Credit Union Administration 2022 budget briefing was any indication, the agency board could have a hard time reaching a consensus by Dec. 16, when the board is scheduled to vote on [...]