This is an important time for our movement, as we recommit to our principles through the critical work around Diversity, Equity and Inclusion (DEI). DEI is not only the right thing to do, it’s [...]
CUNA recommends federal financial agencies continue to work with financial institutions on the use of artificial intelligence (AI) in the delivery of financial services it wrote in response to a joint agency request for information [...]
President Joe Biden Wednesday signed the resolution to overturn the Office of the Comptroller of the Currency's (OCC) true lender rule using the Congressional Review Act (CRA). "NAFCU applauds President Joe Biden for signing a [...]
My Dad would often say, “When you are looking in the rearview mirror, you see everything with 2020 vision.” Little did I know how prophetic his words would be for the year we’ve just [...]
Financial services firms have performed admirably in helping small businesses with loans secured by the federal government in support of the Paycheck Protection Program (PPP) of the CARES Act. So how do banks capitalize on [...]
With an historic influx of federal stimulus (and more on the way), many credit unions are looking to deploy excess liquidity into earning assets. The question quickly becomes: How do I grow loan profitably these [...]
The workplace of tomorrow is here and your user’s expectations around how they communicate and engage with colleagues and customers is evolving. At the same time, customer expectations have evolved as well – they expect [...]
Anxiety and uncertainty can cause you stress and should be addressed. But it’s not something to leave for another day. If you start taking the needed steps now, you’ll soon realize you have [...]
We recently sat down with Cole Saini, Director of Risk Management at California-based KeyPoint Credit Union, to talk about how regulated financial institutions can provide reliable and cost-effective cannabis banking programs, and what cannabis-related businesses ([...]
In today’s market, there is an increased demand for a Security Information and Event Management (SIEM) platform as more companies are exposed to vulnerabilities, attacks, criminals, and other cybersecurity threats. According to Verizon’s [...]
In the last 18 months, credit unions have embodied the adage, “Necessity is the mother of invention.” After the pandemic was declared and George Floyd was murdered in early 2020, credit unions responded by reinventing [...]
There are some things in life that immediately evoke another when you think of them. Peanut butter and jelly, movies and popcorn, remote work and sweatpants (I know you do it too). Staying on that [...]
We have all heard how the pandemic put the demand for and use of technology into overdrive for most companies, including credit unions. Member expectations defined the need for faster adoption and more digital technology [...]
Data is one of the most powerful tools automotive lenders can use to inform their decision making. It can provide insight on a macro-, micro-, national, and regional level—something that can make a big [...]
While the Fair Credit Reporting Act (FCRA) should be examined for necessary amendments and modernized, CUNA has concerns about the negative impact that could result from “well-intentioned but overly disruptive changes to the system. CUNA [...]
