News Archives

CUs working to meet members’ holiday financial needs

CUs working to meet members’ holiday financial needs

This holiday season, the average consumer will spend more than $1,000 on gifts and related expenses and credit unions are there to ensure consumers maintain their financial health, CUNA Chief Advocacy Officer Ryan Donovan [...]

No rate change expected as FOMC begins final policy meeting of 2019

No rate change expected as FOMC begins final policy meeting of 2019

The Federal Open Market Committee (FOMC) begins its two-day, monetarypolicy-setting meeting today and is expected to release updated projections. Following October's rate cut and decision to drop language regarding efforts to act "as appropriate to [...]

Linda Medina named 2019 CUES Distinguished Director

Linda Medina named 2019 CUES Distinguished Director

Linda Medina, board chair at $175 million Guadalupe Credit Union, Santa Fe, New Mexico, was named the 2019 CUES Distinguished Director at Directors Conference yesterday. A board member for 17 years, Medina played a key [...]

Turn mistakes into success

Turn mistakes into success

As a college basketball player at the University of Southern Mississippi, Samuel Jones received the tip and had the opportunity for a game-opening dunk. The problem? He dunked the ball in the opposing team’s [...]

The fraud that 85 percent of fraud detection systems miss

The fraud that 85 percent of fraud detection systems miss

The battle against fraudsters in the digital era has evolved into a never-ending arms race. The tools we use to detect, score and prevent fraud — particularly card-not-present fraud in digital transactions — have improved exponentially in [...]

Risk checklist: Holiday scam prevention for financial institutions and consumers

Risk checklist: Holiday scam prevention for financial institutions and consumers

Review two checklists produced by industry experts that provide actionable steps for addressing heightened online, mobile, and in-person fraud activity that occurs during the purchase-heavy holiday season: Checklist #1: Financial Institution Holiday Scam Prevention with [...]