News Archives

Return of the credit union Jedi

Return of the credit union Jedi

Happy Monday and Star Wars Day! I hope everyone is still using the force to get through this pandemic and remain optimistic. As we enter the month of May, there is still a lot of [...]

Nussle talks COVID-19 successes, frustrations with HFSC members

Nussle talks COVID-19 successes, frustrations with HFSC members

CUNA President/CEO Jim Nussle discussed the credit union response to the coronavirus disease (COVID-19) with a bipartisan group of House Financial Services Committee members Friday, including Ranking Member Rep. Patrick McHenry (R-N.C.) and [...]

NCUA chairman backs NAFCU’s call for CU CECL exemption

NCUA chairman backs NAFCU’s call for CU CECL exemption

NCUA Chairman Rodney Hood Thursday called on the Financial Accounting Standards Board (FASB) to exempt credit unions from the current expected credit loss (CECL) standard. Since 2016, when the standard was issued, NAFCU has continuously [...]

Payments: The need for speed

Payments: The need for speed

In payments, fast can be defined in a single word: immediate. “Consumers experience real-time transfers across a variety of fintech tools. That expectation carries over to their relationship with traditional providers, including credit unions,” says [...]

PODCAST: Put your people first

PODCAST: Put your people first

Jason Lindstrom can summarize his best crisis leadership advice in one word: Listen. Lindstrom, president/CEO of $316 million asset Evergreen Credit Union in Portland, Maine, and chair of the CUNA Marketing & Business Development [...]

Retail delivery grew in 2019 and must adapt in 2020

Retail delivery grew in 2019 and must adapt in 2020

Retail banking across the world, including at credit unions, will see effects and changes brought about due to the coronavirus pandemic. With the loss in foot traffic to physical locations and increased remote work, institutions [...]