New home sales dipped 5.9 percent from March's downwardly revised rate of 917,000 annualized units to 863,000 units in April. Sales were up 51.4 percent versus April 2020, according to data [...]
Todd Robertson, SVP/business development for ARGO, Richardson, Texas, says that today’s digital, pandemic world has forever changed how consumers interact with their financial institutions. And it’s forced the financial services industry to [...]
Some diversity, equity, and inclusion (DEI) programs start with a small step while others take a larger, more formal approach. But they all have the same intent. “It evolves from a genuine heart of wanting [...]
This past month was a wild one for stocks, particularly in the growth-stock heavy NASDAQ 100. The index was down as much as over 5% as of May 12, before recovering a bit toward the [...]
Earlier this year, we blogged about a class action lawsuit pending in Virginia which alleged a lender violated the Military Lending Act (MLA) in offering vehicle purchase loans. Last week, that court issued a favorable [...]
Once upon a time, in a land far, far away, there was a terrible— no, wait. Hold on. (clears throat). It was a dark and stormy night, when suddenly a— er, no, that’s not [...]
Ensuring the security of Alacriti’s payments environment is an ongoing process. It demands collaboration and cooperation across the entire organization. Our role in facilitating electronic bill payments means we are subject to the strenuous [...]
GreenState Credit Union($7.5B, North Liberty, IA) is serious about serving Iowa’s growing Latino community. So much so that it has hired someone to lead those efforts full time. After spending nearly five [...]
Living in the future We live in an age where the sentence, “I’ll jump in the Zoom room soon, I had to find my ethernet dongle because my Wifi dropped,” is comprehensible to the [...]
Businesses have had to quickly adapt to consumers’ changing shopping habits as a result of the pandemic. 82% of small businesses report they have adjusted the way they operate. Given the rapidly changing environment, businesses – [...]
Artificial intelligence (AI) is not only transforming the future of credit unions, but it is making a real difference today. It can be challenging to understand what AI is and how it can work for [...]
Your members are taking their business to Fintechs and Fintech apps. Now what? We historically, as credit unions usually offer only one, maybe two apps to our members. As a result, several questions come up. [...]
Restrictions on the reporting or consideration of certain debt prevents lenders from seeing borrowers’ complete debt circumstances and clouds lenders’ ability to fairly assess borrowers’ creditworthiness, CUNA wrote to a House Financial Services Subcommittee Tuesday [...]
The NCUA Monday issued a Regulatory Alert on the delayed compliance date of the CFPB's qualified mortgage (QM) rule. The mandatory compliance date of the rule was recently delayed from July 1, 2021 to Oct. [...]
In the hundreds and hundreds of interviews we conduct each year with credit union directors and senior management, we always probe the question, “What does the board of the future look like for your credit [...]
