The first credit union securitization recently closed in November 2019 (GTE Auto Receivables Trust 2019-1), undoubtedly catalyzed by the NCUA’s June 2017 opinion, issuing the authority for credit unions to undertake securitizations. Moving forward, [...]
CUNA has launched a resource page for information and other materials on the coronavirus (COVID-19) disease as they become available. CUNA is closely following all developments and will update the page as necessary with business [...]
House Financial Services Committee Member Blaine Luetkemeyer, R-Mo., today introduced NAFCU-supported legislation that would reform the CFPB's governance structure from a single director to a bipartisan commission. NAFCU has consistently advocated that the bureau's leadership [...]
With the recent and significant uptick in global cases of the coronavirus (also known as COVID-19), and the virus now prevalent in the U.S., credit union executives and their leadership teams are assessing how [...]
These days, most people use the internet to research the things they’re interested in. It happens constantly with consumer goods—people read reviews, blogs, tech specs, and anything they can find about their intended [...]
Financial institutions need a talented workforce to accomplish strategic goals, such as planning and completing their digital transformation, creating a better user experience and leveraging emerging technologies. But in an economic climate rife with continued [...]
If you’ve ever wondered if you’re doing enough in your strategic process, there is a highly beneficial piece that is often overlooked. Strategic plans commonly look out three to five years, yet financial [...]
As the saying goes, content is king. It seems this trend will continue this way for some time, as marketers notice ongoing impact on building awareness, increased customer engagement, as well as lead quantity and [...]
Ideally, you are your members’ primary financial institution. Whether it’s checking, savings, starting a college fund, buying a new car, or purchasing their dream home, you want your members to come to you first. [...]
As leaders or as employees, how often are we advised to slow down and stop working so hard? Isn’t it always the opposite? We live in a work culture that encourages long hours, a [...]
In my hometown there’s a grocery chain whose moto has been: “We’re the friendliest store in town”. However, most people who shop there know the truth: their employees turn the moto to be “[...]
To keep it short and sweet, we’ve created a series of articles to describe each one of the components of our SPECS business model. This is our third article, which will focus on Ease. [...]
Sens. Tim Scott (R-S.C.) and Catherine Cortez Masto (D-Nev.) introduced a CUNA-supported bill Wednesday that would raise federal credit union loan maturity limits on non-mortgage loans from 15 to 20 years, the Expanding Access [...]
The Federal Reserve cut interest rates by 50 basis points Tuesday in efforts to mitigate the potential economic effects of the coronavirus, also referred to as COVID-19. The federal funds target rate is now set [...]
Credit unions in the business of serving business members are pretty common today, led by sophisticated operations “that have been at it for a while and have the scale to go toe to toe with [...]
