Did your board and leadership team leave your credit union’s strategic planning session pumped for action last year, but now you’re left standing in front of your ridiculously large sticky notes of your [...]
While the economic impact of COVID-19 on individuals and families has been about as divergent as possible, most people experienced a financial awakening of one form or another. Whether it was the financial devastation of [...]
As the overall economy is making strides, many Americans continue to experience financial difficulties as they did before the COVID-19 pandemic. Amid concerns over the impact the last year and a half have had on [...]
Adoption of a 36% “all-in” interest rate cap would have a “seismic” impact on credit cards and small-dollar loans, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Committee Thursday. The committee conducted a [...]
The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. Of note, the committee upgraded its statement on the economy, stating "progress [...]
Credit unions searching for candidates to fill C-suite positions typically think in terms of two possibilities: internal candidates and external candidates. But there is a third possibility for finding qualified candidates: members of their own [...]
When we talk about steps you need to take to achieve financial success, we usually don’t talk about the importance of a checking account. That’s because they’re so common almost everyone with [...]
Innovation ranks higher than ever in banking. The majority of financial institutions place it close to the top of their digital transformation strategies. Many teams understand innovation as a project or task, but it’s [...]
Americans love their mobile devices. Ownership levels of smartphones have continued to climb steadily to 85 percent, while tablet ownership has remained steady since 2016. And in some demographics, mobile device ownership is at near [...]
The effects of the COVID-19 pandemic, as it’s been widely recognized in the last year, accelerated mobile banking innovation in the financial services industry. While it’s also true that the technology for mobile [...]
Sometimes, it feels like the world is out to get you. Other times, you’re your own worst enemy. Here are three ways you may be holding yourself back... You’re not reflecting: Nobody knows [...]
Hurricanes. Tornadoes. Power outages. Pandemics. Cyber attacks. We can’t predict the future and what will come next, but whether man-made or a natural disaster, credit unions have to be prepared to address challenges as [...]
The viability of a credit union merger frequently hinges on the question of leadership. A strong CEO is vital to the success of the post-merger organization, but so, too, is a senior management team that [...]
After months of demos, asking questions and reviewing different systems, your credit union has finally decided on a new core! Congratulations! Now the “real” work begins. If your credit union hasn’t already started the [...]
The House Financial Services Committee began its markup of the CUNA-supported Promoting New and Diverse Depository Institutions Act (H.R. 4590) starting Wednesday. CUNA wrote in support of the bill in advance of the markup. [...]
