Credit unions will fall behind without NCUA action on credit unions’ ability to purchase digital assets, CUNA wrote to the agency Wednesday in response to an agency Request for Information on digital assets and related [...]
In a recent event for The Economic Club of Washington D.C., Sen. Joe Manchin, D-W.Va, Tuesday criticized the proposed IRS reporting proposal being floated in Congress. Manchin voiced his objection against the proposal [...]
In June of 2021, the Federal Financial Institutions Examination Council released an updated technology handbook that focuses on architecture, infrastructure and operations. The “Architecture, Infrastructure, and Operations” booklet (referred to as AIO) is one of [...]
It’s inevitable—life happens. When the unforeseen happens—because it will happen—an emergency fund can be the difference between an inconvenience and a financial disaster. An emergency savings account is designed to cover [...]
Artificial intelligence is helping credit unions respond to member requests in a way that doesn’t make “self” and “service” seem like they don’t belong together. The chatbots these cooperatives are deploying not only [...]
It is hard to read any trade magazine article, talk to a technology professional, or attend any conference without being inundated with all of the benefits of going to the cloud. And it’s no [...]
Some retirees approach a retirement strategy with precision. They know exactly how much income they will need. For the rest of us, using a “replacement ratio” is a good approach to estimating retirement income. This [...]
The climate is changing. This is a little bit of a play on words. Yes, we know the world is transforming and the impact from rapid climate change will likely be significant to our transformation [...]
Credit unions have great need of training solutions at a moment in time when new staff are being brought on board frequently, thanks to a national job-churn trend sparked by reaction to the pandemic. “The [...]
We’ve all watched as millennials took center stage as the countries dominant spenders. However, this got many credit unions thinking about what comes next. How can credit unions better serve Gen Z when it [...]
Wow, if you’re anything like me than you’re likely thinking that 2020 and 2021 are years that will forever go down in the history books. Years that forced us to pivot in more [...]
It’s interesting to look back to see choices we have made and how these actions have created the lives we lead. At the time, most of us are just trying to put one foot [...]
The Consumer Financial Protection Bureau (CFPB) missed many opportunities in its first decade of existence to leverage the credit union mission for consumers, CUNA wrote Tuesday, adding that new CFPB leadership can recalibrate this approach. [...]
As part of an ongoing effort to call on the Administration to reject the proposed IRS reporting requirement, NAFCU on Monday joined a joint trades letter to President Biden calling for a withdrawal of the [...]
You woke up this morning in the future. You probably didn’t think much about it because human nature, as is most business nature, is to focus on the here and now—the near term. [...]
