Jul 21, 2023
A letter to the editor penned by League President and CEO Scott Sullivan and published in the Omaha World Herald on June 23rd points out that interchange is the cost of keeping consumers’ data safe. The editorial was sent in response to the introduction of the Credit...
Jul 21, 2023
By CHERYL LAWSON, EVP of Compliance Review, JMFA Despite no new guidance from the CFPB, regulators are emphasizing the need to evaluate and review overdraft services. Is yours up to date with the latest advice? Will there be any overdraft legislation passed or CFPB...
Jul 21, 2023
Proactive risk management in uncertain times for credit unions From bank runs to unrealized losses, financial institutions in 2023 are facing growing risks to their deposit books and investment portfolios. And at the root of their problems are rising interest rates,...
Jul 21, 2023
Camp FHLB is officially open for our 2023 Regional Meetings. No archery experts here though. Instead of hunting and fishing, we’re focused on finance with badges to earn in everything from economics to balance sheets. Leave the sleeping bag at home. This one-day...
Jul 21, 2023
For over a decade, low Fed and prime rates have meant credit unions could maintain fixed loan rates without much squeeze on profit margins. Now, as these rates continue to rise, credit unions might consider incorporating a variable rate strategy into their portfolios....
Jul 21, 2023
MemberXP Where is your credit union on the path to creating a brand-defining member experience that engages members, creating both market-share and wallet-share? This self-assessment has 15 questions and takes about 5 minutes to complete. At the end you’ll get a...
Jul 21, 2023
Consumers are looking for greater convenience in payments, and digital wallets are clearly on the rise. For credit unions, the question is – How can you best capitalize on this opportunity, while supporting your members’ evolving payment needs? As traditional methods...
Jul 21, 2023
The NCUA joined several other banking agencies and released a Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts. According to the NCUA, the statement is a “principles-based resource for credit unions when engaging with commercial real...
Jul 21, 2023
Voters in Nebraska’s 2nd Congressional District may have a rematch in 2024 between incumbent Congressman Don Bacon and State Senator Tony Vargas. On July 7th. Vargas announced his campaign to run for Congress in Nebraska’s 2nd Congressional District. Vargas was...
Jul 21, 2023
The people in this country deserve more than a singular vision of what the American Dream should be. We all have different goals, and we ask to define our own ideas of a successful life. So it’s within these multitudes of dreams that we find a question to answer: how...
Jun 20, 2023
Credit Unions have yet another opportunity to prove they are the more conscientious and caring financial institution as America’s consumers face financial burdens, declining benefits, and sobering news headlines. As an “out of control” economy keeps...
Jun 20, 2023
By Opal Tomashevska, Director, Multicultural Business Strategy, TruStage, and Geoff Cooper, Vice President, Product Development, MGIC As National Fair Housing Month, April offers credit unions an opportunity to continue pushing affordable housing and equal opportunity...
Jun 20, 2023
Trius FCU was awarded the Outstanding Achievement Award at this year’s Annual Meeting and Convention. Trius FCU has continued to be an outstanding champion for Credit Unions for Kids throughout the years. They raised $6,083 which is $.39 per member. They have sold...
Jun 20, 2023
Bills introduced in the U.S. Senate and the House of Representatives aim to reduce interchange fees for retailers on the backs of consumers and card issuers. S. 1838 and H.R. 3881, the Credit Card Competition Act of 2023, would require covered card issuers, defined as...
Jun 20, 2023
The Mission is Simple: On July 28, the credit union movement will come together with the purpose of inspiring authentic and high energy conversation about why we love credit unions under a common hashtag, #ilovemycreditunion. The Goal is Simple: To utilize all social...
