News Archives

CUs provide protections not present in proposed FedAccounts

CUs provide protections not present in proposed FedAccounts

While credit unions agree with the spirit of a proposed to provide monthly stimulus payments to be distributed to direct deposit to a new, Fed-backed account, CUNA believes Americans would best be served by leveraging [...]

NAFCU’s State of the Industry: A novel CU event in unprecedented times

NAFCU’s State of the Industry: A novel CU event in unprecedented times

As the world continues to adapt to the uncertain circumstances surrounding the coronavirus pandemic, NAFCU's State of the Industry – a complimentary event – will provide valuable insights and information straight to credit unions in a virtual [...]

CFO Focus: 7 filters for strategic cost-cutting

CFO Focus: 7 filters for strategic cost-cutting

Like in the Great Recession, decision-makers are facing a margin squeeze, credit risk is unknown and non-interest income is under pressure. During that time, there was significant cost-cutting. But it was different back then. Consumers [...]

Three cybersecurity tips for credit unions in a COVID world

Three cybersecurity tips for credit unions in a COVID world

When the COVID-19 pandemic hit, credit unions everywhere rolled out business disaster recovery and business continuity plans. Alongside drive-thru services and social distancing, credit unions implemented cybersecurity policies to maintain data integrity and safeguard customer [...]

Everyone’s using Zoom, and it shows

Everyone’s using Zoom, and it shows

We’ve all been Zooming, so it probably comes as no surprise to hear that the videoconferencing service Zoom reported revenue growth of 169% from the previous year in its first-quarter earnings report on Tuesday. [...]

The NFL, the war for talent, and COVID-19

The NFL, the war for talent, and COVID-19

Hearing the bad economic news of our nation’s high unemployment rate, credit unions might be tempted to think that no one is hiring or developing talent during the current pandemic. Nothing could be further [...]

Our members need a cookie jar

Our members need a cookie jar

Our world outlook will be forever shaped by our COVID experience. COVID has exposed personal and financial weaknesses. We feel more vulnerable, less secure, and less in control. This lack of control causes fear and [...]