Thank you for tuning in to episode 70 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by our friends at PSCU. As the [...]
We’re in a recession and lending is down, which means your credit union has fewer opportunities to earn revenue. People are still applying for loans and opening accounts, just not as many. And now, [...]
I doubt whether it’s possible to find an industry that has not had to adjust in response to the COVID-19 crisis and that’s certainly the case with cannabis. With marijuana legal in some [...]
Experts have predicted that this is the year the U.S. Latino population will comprise the majority of new household formations and, correspondingly, new home purchases. The last decade has seen the U.S. Latino [...]
Administrator of the U.S. Small Business Administration Jovita Carranza and Treasury Secretary Steven Mnuchin said the SBA will resume accepting Paycheck Protection Program (PPP) loan applications Monday, April 27 at 10:30 a.m. ([...]
President Donald Trump today signed into law legislation to provide the Small Business Administration's (SBA) paycheck protection program (PPP) with more than $300 billion in additional funds. In a win for credit unions, a portion [...]
The impact of the COVID-19 pandemic on credit union income statements won’t be clear for many months or even years, but it’s not too soon to consider some long-term recovery strategies. One of [...]
When Wisconsin instituted a stay at home order and schools shifted to online learning, a single father of two who didn’t own a computer had to figure out a way to ensure his children [...]
The NAFCU compliance team has blogged about short-term forbearance plans and what the Consumer Financial Protection Bureau’s (CFPB) Regulation X might require when providing a credit union’s members with that relief. Earlier this [...]
The unprecedented COVID-19 crisis has shaken the U.S. economy. Credit unions are juggling tough decisions like never before to help members in need, while grappling with market volatility and potential revenue loss. With so [...]
CUInsight Publisher & CEO Lauren Culp is joined by Paul Siegfried, SVP of Financial Services at TransUnion, for a quick interview with just 3 questions about the COVID-19 crisis… (0:31) What is your company [...]
Based on calls we have received over the last month, there is no doubt credit union leaders believe our business will be forever changed after COVID-19. The thoughts these leaders shared with us can generally [...]
In December of 2019, a North Carolina man logged into his credit union and watched as a scammer withdrew money from his account. In early April, a fraudster impersonated credit union employees, asking customers to [...]
How are you and your organization doing amid the coronavirus pandemic? It's a difficult time for us all as we change the way we do business and live. While the crisis has cast a bleak [...]
If you’re able to, think back to a time pre-the-current-crisis, when some within your organization (just like any organization) were no doubt bothered about this or that change, this or that problem, or whatever [...]
