Insane growth at credit unions could be a killer
One thing I am always open to is admitting when I am wrong. As I’ve gotten older and matured as a leader, I’ve had to look back at things I’ve said and [...]
News Archives
Remember to link credit union vision to action
Memorial Day is a great summer kick-off celebration for so many families. And rightfully so…June is just around the corner, the kids are finishing up school and the weather is perfect for cookouts. But [...]
CIP rule should not be amended to allow for partial SSN collection
America’s Credit Unions opposes a change to the Customer Identification Program (CIP) rule to allow the partial collection of a social security number (SSN) for identity verification purposes. Credit union concerns are outlined in [...]
How to solve the financial close dilemma
The significant increase in entrepreneurial activity following the pandemic has caused a rise in disruptions in markets across all sectors, particularly evidenced by the widespread adoption of new technologies. A recent study conducted by the [...]
Upskill your credit union’s communication skills with the three Cs
Are you a good communicator? Most people would likely answer yes to that question. After all, we communicate all day long—through phone calls, texts, emails, video conferencing and, of course, in-person interactions. However, being [...]
Paying for college simplified
In a perfect world, a family’s college costs would be covered completely by their savings and “free” financial aid such as scholarships and grants. However, the rising costs of higher education, along with countless [...]
How credit unions can crush the HELOC game
There is no denying that home equity loans and lines of credit are the name of the game for credit unions right now. As of May 17, 2024, year-to-date home equity originations have already surpassed [...]
This week: Congress out; NCUA hosts webinar
This week, both the House and Senate are out of session. With lawmakers back home, credit union advocates have an opportunity to connect with key decisionmakers one-on-one in their districts. America’s Credit Unions will [...]
Rating agencies expect more downgrades among US corporate bonds
Rating agencies reportedly expect a greater share of the lowest-quality investment-grade bonds to be downgraded than to be upgraded. That’s the first time this has been the case in this part of the U.[...]
US house price inflation slows in March, FHFA says
WASHINGTON, May 28 (Reuters) - U.S. house price growth slowed sharply in March, likely as rising mortgage rates weighed on demand, data showed on Tuesday. Prices edged up 0.1% in March after surging [...]
Supporting AACUC in 2024 and beyond
Elan Credit Card has been a corporate sponsor and supporter of the African-American Credit Union Coalition (AACUC) since 2022. The collaboration has included a financial education event benefiting hundreds of students and other activities in [...]
Stocks fluctuate after Consumer Confidence Report: Markets wrap
(Bloomberg) -- Stocks fluctuated at the start of a holiday-shortened week, with traders wading through a raft of economic reports and remarks from Federal Reserve speakers for clues on the outlook for policy. Equities struggled [...]
Good governance: 2024 compliance topics for boards
Credit union directors need to understand these 4 regulatory topic The regulatory landscape requires board members to have knowledge of the most pressing compliance topics. We highlighted several regulatory topics in “A Culture of Compliance.” [...]
NCUA approves regulatory review
The NCUA Board Thursday unanimously approved a voluntary regulatory review. The agency is requesting comment to help identify NCUA regulations that are “outdated, unnecessary, or unduly burdensome on federally insured credit unions.” The agency noted [...]
The CUInsight Experience podcast: Tim Anderson – Transform people (#186)
Thank you for tuning in to episode 186 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Motivosity. Motivosity is all about building [...]