Yes, you can add life insurance to the list of products and services permanently changed by Covid-19. What you buy and how you buy it, will never be the same again. But perhaps not in [...]
The Treasury and Federal Housing Finance Agency (FHFA) Tuesday announced the suspension of several parts of the 2021 Preferred Stock Purchase Agreements (PSPAs). CUNA brought credit union concerns to the attention of FHFA Acting Director [...]
Sessions from NAFCU's Congressional Caucus began yesterday with welcome remarks and an industry update from NAFCU President and CEO Dan Berger, followed by a special Q&A with keynote and political icon James Carville. [...]
Starting when I was a child up until a few years ago, I had a safe deposit box. In it, I stored a coin collection, mostly silver dollars, a raised seal copy of my birth [...]
We’ve all heard the term user experience (UX) a lot in recent years, but what does UX actually mean for financial institutions and their digital payments platforms? In this blog post, we’ll let [...]
I double dog dare you…to implement a culture that actually delivers. Diving into that realm does require chutzpah — from a leader who’s willing to go where others don’t. Lucky for our listeners, [...]
Strategists at Alabama Credit Union ($1.3B, Tuscaloosa, AL) figured they were on the money when the cooperative integrated a credit score app into its member-facing digital displays, and they were right. The My Credit [...]
Monitoring borrowers’ auto insurance helps the financial institution understand their risk of uninsured losses, and enables them to make informed decisions for mitigating that risk and improving their bottom line. Having a strategy in place [...]
Credit unions derive income from revenues generated by two primary sources: interest income and fee income. Interest income is revenue earned by lending money, and fee revenue is earned from account-based charges. Typically, interest income [...]
Interesting times continue for auto lenders and service providers. There’s been a lot of volatility so far this year with supply shortages and increased auto values, including the appreciation of used cars values. Our [...]
National Hispanic Heritage month is here again! You are probably starting to see messages on social media and maybe even posters promoting local events. But what is National Hispanic Heritage Month? National Hispanic Heritage month [...]
With most children going back to in-person school the past few weeks, you may think that parents are feeling happy and relieved. The reality is, not only are many parents still anxious about their kids [...]
Credit union loans outstanding increased 0.8% in July, compared to a 1.0% increase in June of 2021 and a 0.7% increase in July of 2020—according to CUNA’s latest Monthly Credit [...]
An independent study commissioned by NAFCU released today examines the benefits brought to consumers, businesses and the U.S. economy by the credit union federal income tax exemption. Specifically, the study found that removing the [...]
Some say that there are two types of companies: those that have been hacked and those that have been hacked but don’t yet know it. Today, all companies—including credit unions—are considered technology [...]
