Additional Paycheck Protection Program (PPP) funding will likely be needed in 2021, CUNA wrote to the Senate Small Business Committee prior to its hearing on the nomination of Isabella Casillas Guzman to lead the Small [...]
As the House prepares to advance the next round of coronavirus relief, NAFCU joined with several other financial institution and consumer groups to ask Congress to include language to protect economic impact payments (EIPs) from [...]
The National Credit Union Administration Board approved a proposed rule in November 2020 that, if finalized as proposed, would give federally insured credit unions a new loan workout option to help accommodate members during the [...]
In 2019, working from home was the second most sought-after perk behind paid time off, with 30% of prospective employees wanting this option. And it was a smart move for companies that implemented it well. [...]
We continue to track the increase in fraud through our Financial Hardship Studies. As of our latest report, 35% of consumers said they were either the targets or victims of a digital fraud attempt. As [...]
As your business grows, so does the number of documents you handle on a daily basis. Before you know it, your files have sprawled and become something that needed active upkeep. Thanks to the modern [...]
When you think of Silicon Valley, credit unions aren’t normally the first thing that comes to mind. I think even the most ardent credit union advocate would recognize there is room for improvement in [...]
CEFCU ($7.1B, Peoria, IL) found the right person to meld the qualitative and quantitative aspects of running a credit union. Jennifer Flexer has been on the leading edge of internet technologies and even hand-entered [...]
The cooperative model is rooted in inclusion and access. Why, then, does our country’s credit union industry, and the broader cooperative movement, remain primarily white? It’s a question that many people in this [...]
The process of reviewing appraisals for commercial loans is an important aspect of due diligence that is not always given thorough consideration. Appraisal reviews can serve many important purposes, but our focus here will be [...]
Credit Union women have blazed the DEI trail as a worldwide movement for over 12 years with an extremely relevant purpose – advancing economic stability through diversity, equity and inclusion. This DEI movement takes on all [...]
You think you know that the team leader you just hired will be a great asset to the company. The candidate writes well, knows every MS Office application inside and out, arrives at every appointment [...]
The advocacy challenge ahead is maintaining progress and taking advantage of opportunities in a different political environment, wrote CUNA Chief Advocacy Officer Ryan Donovan in Credit Union Times this week, as CUNA prepares for its [...]
According to the Small Business Administration's most recent paycheck protection program (PPP) data, roughly 300,000 loans were made during the week ending Feb. 21. There have been 1.9 million loans approved in 2021, [...]
Necessity is the mother of invention, and 2020 only reinforced the proverb. While banking trends mostly followed predictions, the pandemic drove them at an accelerated rate that has created a foundational change. Digital banking is [...]
