When The Clearing House (TCH) launched the first new payment rail in the U.S. in over forty years, most of the focus (rightly so) went to the money movement functionality of the system. TCH’[...]
I remember the day when the Pantone Color Institute announced their annual color of the year selection for 2021. It was early December 2020, and things were not going…great. Pandemic infection rates were surging [...]
If a tree falls in a forest and no one is around to hear it, does it make a sound? Similar to this age-old philosophical question, social media content can fall into the same possibility [...]
CUNA joined several organizations to support bill H.R. 4773 from Representative Blaine Luetkemeyer (R-Mo.), which would replace the director of the Consumer Financial Protection Bureau (CFPB) with a bipartisan five-member commission. CUNA is a [...]
Yesterday the Federal Housing Finance Agency (FHFA) proposed updated housing goals for the government sponsored enterprises (GSEs) for 2022 to 2024. The proposed housing goals ensure that the GSEs responsibly promote equitable access to affordable [...]
Board Diversity Diversity on credit union boards is a topic getting a lot of justifiable attention. I don’t know that we’re making a great deal of progress in this area, but I take [...]
Having lost in the Senate, the National Association of Federally-Insured Credit Unions is asking the House to ensure that its version of an FY22 budget does not allow enactment of a controversial proposal that would [...]
As with any business, financial institutions need to ensure that they are keeping up with their customers’ expectations for services, proactively servicing and protecting their assets, and making the necessary investments to stay ahead of [...]
Americans today exist in precarious financial situations. CNBC Money reports that 49% of Americans live paycheck-to-paycheck, meaning they spend every dime of their monthly income with little left for saving. In fact, Americans save so [...]
For most consumers in the United States, a good credit score represents a pathway to increased wealth and access to a “better life” — the American Dream. As we are beginning to discover, however, not all [...]
If you’re looking for the next crop of managers in your credit union, it’s important to find the right candidates. Not every employee is destined to lead. Investing in the wrong person is [...]
Credit unions have lots of products and services. While variety can be a good thing, sometimes your own products compete with each other. For example, Denver Community Credit Union has three checking products: Preferred Checking, [...]
If there’s anything we’ve learned from COVID, it’s that the future is uncertain. Over the past 18 months, credit unions across the country have done an impressive job finding ways to rapidly [...]
The ability to tell your organization’s story from the inside-out is the secret to successful branding and marketing. Allow me to divulge a few more secrets: Video did not kill the radio star Social [...]
Credit union loans outstanding increased 1.0% in June, compared to a 0.8% increase in May and a 0.7% increase in June of 2020, according to CUNA’s latest Monthly Credit Union Estimates. [...]
