Credit unions need to work together against a proposal that would require financial institutions to report money moving into and out of accounts to the Internal Revenue Service (IRS), said CUNA Chief Advocacy Officer Ryan [...]
The U.S. District Court for the Western District of Texas upheld the Payment Provisions in the CFPB’s 2017 payday lending rule and marked the effective date as June 13, 2022. In response, CFPB [...]
As some organizations start bringing employees back to the office, many are finding that not all team members are excited to be transitioning back to an office environment full time. Although many employees struggled over [...]
The adoption of digital technology reached a tipping point during the pandemic. Companies accelerated the digitization of their customer and supply-chain interactions, as well as internal operations, by three to four years, with most expecting [...]
Tune into this episode to learn how fraudsters are leveraging weak authentication to commit account fraud and best practices credit unions can implement for strong authentication measures. Key Takeaways: [01:46] Online account opening - [...]
As we close out our multi-part DEI series, let’s take a look back at where we’ve been: We started out by considering what it takes to establish an organization-wide commitment to DEI and [...]
With 58 community colleges throughout the state, North Carolina boasts one of the largest community college systems in the country. For decades, SECU Foundation has provided two-year scholarships to students enrolling in that vast network, [...]
Fannie Mae and Freddie Mac are currently collaborating on a game-changing initiative to redesign the uniform appraisal dataset (UAD) for their standard appraisal forms. This project has been in the works since 2019, and we [...]
I hope everyone had a great Labor Day weekend! Speaking of laboring, the U.S. Department of Justice (DOJ) has been working hard on a number of criminal cases over the past few months. Today’[...]
Your employees aren't afraid of you. Are they? Your office is easily accessible and your door is always open. But you’re still feared. Why? Because you’re the boss. Sometimes, you say or do [...]
It is 2022 budgeting season already, which means understanding your credit union’s business priorities, aligning IT spending with said priorities, and building the case for critical investments to support growth and mitigate risk. To [...]
As we hit the 18-month mark of the pandemic, life insurance is experiencing a bit of a paradox. According to the 2021 Insurance Barometer Study from Life Happens and LIMRA: American consumers seem to understand [...]
When it comes to originating highly complex mortgage loans, whether for the lender’s portfolio or for selling into the secondary market, automation is a basic requirement. Today, there are too many legacy manual processes [...]
CUNA generally supports the Federal Housing Finance Agency’s (FHFA) thorough enforcement of fair lending laws but urges the agency to ensure this monitoring and enforcement does not generate costly new requirements or increased regulatory [...]
Reps. Vicente Gonzalez, D-Texas, and Brian Fitzpatrick, R-Pa., today introduced the Member Business Loan Expansion Act, NAFCU-sought bipartisan legislation that would allow the NCUA the flexibility to provide credit unions with relief from the 15-year [...]
