News Archives

Giving hope when disaster strikes

Giving hope when disaster strikes

2020 has been HARD. Our credit union family has not only been navigating a pandemic, but many have found themselves faced with natural disasters that uproot their families, their finances and overall well-being. It has [...]

Addressing PPP forgiveness questions

Addressing PPP forgiveness questions

There is obviously a lot of confusion regarding the forgiveness issue for the U.S. Small Business Administration’s Paycheck Protection Program loans. The ultimate fallout of this is the significant non-productive time requirements lenders [...]

Are CU heroes born or made?

Are CU heroes born or made?

“A hero is an ordinary individual who finds strength to persevere and endure in spite of of overwhelming obstacles” - Superman There’s nothing quite like the optimism you feel when the clock strikes midnight [...]

CU leaders graduate from Foundation’s first virtual DE program

CU leaders graduate from Foundation’s first virtual DE program

Thirty–seven credit union leaders were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s Credit Union Development Education (DE) Training. The September DE Training was held from Sept. [...]

New-home sales fall ‘slightly’ in September

New-home sales fall ‘slightly’ in September

Following three consecutive months of "strong" rises, new-home sales fell slightly in September – declining 3.5 percent to 959,000 units. Compared to a year ago, sales were up 32.1 percent. "The single-family pipeline [...]

Pandemic as prelude to payment revolution

Pandemic as prelude to payment revolution

The COVID-19 pandemic provided the impetus for a lot of members who had been reticent about digital channels and payments to try them out—and for their credit unions to start planning the next steps [...]

Shifting from traditional to blended learning

Shifting from traditional to blended learning

Before the coronavirus (COVID-19) struck, Mountain America Credit Union in Sandy, Utah, was already adjusting its training and talent development program to meet the future needs of employees by revamping its training curriculum and boosting [...]

Is the shift toward real-time payments inevitable?

Is the shift toward real-time payments inevitable?

Real-time payments (RTP), the first new payment format in 40 years, is gaining considerable industry traction, despite being in operation just a little over two years. While RTP technology is still relatively new and the [...]

COVID-19 best practices for overdraft services

COVID-19 best practices for overdraft services

Given the mounting economic challenges facing many consumers since the coronavirus pandemic began, financial institutions have taken extraordinary measures to provide the services and advice necessary to help their account holders maintain financial stability. Operating [...]

Branches can help you win the war for talent

Branches can help you win the war for talent

In today’s tight labor market, even given the pandemic, financial institutions are waging a war for talent. Digital transformation and innovative staffing models have shifted staff responsibilities from routine transactional tasks to providing more [...]