News Archives

Credit application denied? Here’s what to do next

Credit application denied? Here’s what to do next

It’s no fun being denied anything, especially credit. Usually when someone is trying to get a line of credit, it’s for a big reason or major life milestone. Having a credit application denied [...]

CFPB’s Supervisory Highlights: One-click away rule

CFPB’s Supervisory Highlights: One-click away rule

The CFPB recently released Supervisory Highlights, issue number 19 (Supervisory Highlights). The Supervisory Highlights reported some of the CFPB's examination findings for exams that the CFPB completed between December 2018 and March 2019. The Supervisory [...]

Contactless payments security: Myth vs. reality

Contactless payments security: Myth vs. reality

Over the last few years, the payments landscape has experienced many changes – shifting from standard magnetic stripe cards to EMV cards and now contactless payment methods. More and more merchants are beginning to embrace contactless [...]

3 ways to help a financially burdened borrower

3 ways to help a financially burdened borrower

Financial institutions and borrowers alike have breathed a collective sigh of relief over the last decade as the U.S. economy has improved from the dark days of the Great Recession. Delinquencies are not what [...]

Is your overdraft partner proactive or reactive?

Is your overdraft partner proactive or reactive?

We schedule routine inspections for our cars. We protect our homes against unforeseen events. We visit the doctor and dentist regularly for checkups. And we attend parent-teacher conferences every school year. We all engage in [...]

SAFE Banking Act shows benefits of financial sector cooperation

SAFE Banking Act shows benefits of financial sector cooperation

Last week’s historic House vote to advance the Secure and Fair Enforcement (SAFE) Banking Act was an example of what can happen when the financial services sector works together, CUNA Chief Advocacy Officer Ryan [...]

NCUA bans 7 from future work in FIs

NCUA bans 7 from future work in FIs

The NCUA in September issued five prohibition notices and two prohibition orders, which prohibit individuals previously associated with credit unions from any future participation in the affairs of a federally insured financial institution. Violation of [...]

Engaging ‘mobile-only’ members

Engaging ‘mobile-only’ members

SAFE Credit Union is connecting with its “mobile-only members” to remind them to optimize their cash-back rewards, to offer prizes at ballgames and to issue other alerts and offers on the device that comes with [...]

A guide for planning (big & small)

A guide for planning (big & small)

Is a recession really coming? What do the upcoming elections mean? Why do people let social media drive them to spend money they don’t have? Some answers to those questions and many more across [...]