Sep 16, 2020
It is with extreme disappointment that we are announcing that the 2020 Annual Convention is being cancelled. Since the pandemic began our number one priority has been ensuring the health and safety of our member credit unions, staff, and business associates. So, amid...
Sep 16, 2020
It is that time of year when students’ vulnerability for ID theft attacks goes up exponentially as they head back to school. And this year, they face a dramatically more substantial threat posed by the increased time they spend online taking virtual classes....
Sep 16, 2020
NCUA’s latest Quarterly Credit Union Data Summary provides an overview of the financial performance of federally insured credit unions based on information reported by credit unions in the second quarter of 2020. Data for federally insured credit unions as of the...
Sep 16, 2020
The Nebraska Credit Union League joined with CUNA and the American Association of Credit Union Leagues in penning a letter in support of simplifying the SBA’s Paycheck Protection Program’s loan forgiveness process by enacting the Paycheck Protection Program Small...
Sep 16, 2020
The voluntary federal payroll tax “holiday” went into effect at the beginning of the month, but it remains to be seen how many Nebraska employers, including credit unions, are participating. To-date the League is unaware of any credit union that has decided to...
Sep 16, 2020
Sep 16, 2020
2020 will certainly be remembered as the year Covid-19 changed the world as we know it. Likewise, the associated “Lockdown Recession” is already changing the way many credit union leaders manage their balance sheets. With loan demand dropping in most parts of the...
Sep 16, 2020
Leaders in every industry are trying to digest what has happened to their businesses, their employees and their clients after having to make major changes to their operations seemingly overnight. Leaders should be looking at lessons they learned during this crisis...
Sep 16, 2020
Ensure your overdraft solution contributes to service improvements and future growth By: Ron Jennings, Executive Vice President of National Sales & Alliances As the industry settles into a new normal—complete with unique operational challenges and service...
Sep 16, 2020
ICU Day is a chance to energize and celebrate how credit unions like yours are “Inspiring hope for a global community.” Give your staff some pep by shopping the Member Celebrations Store’s collection of ICU Day gear for your next training day! Support and...
Sep 16, 2020
The “new normal” is in full swing – and THINK 20’s theme, “Activate Your Next,” feels apropos. For some credit unions, your “next” may be activating behavioral science to optimize all the little things that heighten member engagement. For others, it might be placing a...
Sep 16, 2020
A delegation of credit union advocates met with Congressman Jeff Fortenberry of Nebraska’s 1st Congressional District in early September. In past visits with our Congressional Delegation, handshaking and standing room only were the norm. This meeting was much...
Sep 16, 2020
Class actions lawsuits targeting credit unions that impose multiple non-sufficient funds (NSF) charges on a single “item” and/or that assess overdrafts (OD) fees on certain debit card transactions are beginning to resurface by plaintiff law firms. Three things of note...
Sep 16, 2020
NCUA has announced that federally insured, low-income credit unions that want to become certified CDFIs can again apply to utilize its qualification process for streamlined CDFI certification. The current intake period closes Oct. 17. Credit unions that have obtained...
Sep 16, 2020
According to an independent study conducted by 2020 Ballast Research – formally National Journal Research – Credit Union National Association (CUNA) and its League partners are the most influential financial services organization and one of the top ten most effective...
Sep 16, 2020
With everything going on in today’s world, each one of us makes multiple assessments of risk every day. We might not be aware that is what we are doing, which leads to different evaluations and, in some cases, conflict. What I’m going to discuss in this...
Sep 16, 2020
Now more than ever before, reliable, secure, easy-to-use remote banking service is vital to a credit union’s success – and even their survival. That is why Cooperative Solutions Group is so excited to announce our partnership with Access Softek to bring member credit...
