What Exactly is a Corporate Credit Union?
CUSO Magazine’s Esteban Camargo continues Financial Literacy Month by shedding some light on corporate credit unions, what they are, how they formed, and where they stand today.
NCUA’s Community Development Revolving Loan Fund to Award Up to $3.5M in 2023
The National Credit Union Administration announced that eligible credit unions will once again be able to apply for Community Development Revolving Loan Fund (CDRLF) grants in 2023, with the application window opening from May 1 to June 30, reports Esteban Camargo.
Explaining Liquidity in Credit Unions
It’s Financial Literacy Month and CUSO Magazine’s Esteban Camargo is back to explain key financial and economic concepts that impact our industry. In this article, Esteban attacks liquidity, explaining what it is and how credit unions manage it.
Credit Unions’ Role in an Increasingly Cashless Society
As nations begin to transition to cashless societies, eschewing cash and coin for digital payments solutions, CUSO Magazine’s Esteban Camargo wonders what credit unions’ role should be to their communities.
In the Wake of Silicon Valley Bank Collapse, NCUA Chairman Harper Issues Statement
Following the events of the weekend, during which two mid-sized banks collapsed, NCUA Chairman Todd Harper issued a statement on the safety and soundness of the credit union system, reports CUSO Magazine’s Esteban Camargo.
Overdraft Fee Income Down, Other Checking Account Fees Steady, Reports CFPB
In a report issued by the Consumer Financial Protection Bureau (CFPB) last week, the agency announced that banks’ reported overdraft fee income “was 43% lower in the third quarter of 2022 than in the third quarter of 2019 before the COVID-19 pandemic onset – suggesting $5.1 billion less in fees on an annualized basis,” reports CUSO Magazine’s Esteban Camargo.
New Chairman of Subcommittee on Financial Institutions Supports Cannabis Banking
Representative Andy Barr, a Republican from Kentucky’s 6th district, was chosen to lead the Subcommittee on Financial Institutions and Monetary Policy, which was previously known as the Subcommittee on Consumer Protection and Financial Institutions, reports Esteban Camargo.
Rebranding Your Credit Union: Is the Juice Worth the Squeeze?
Rebranding your credit union can sound appealing, but are you ready for it? We asked credit unions CEOs why their respective credit unions rebranded in the last decade and whether it has been a positive change.
NCUA Responds to Budget Criticism by Cutting $6.7 Million from Planned 2023 Increase
In response to the vocal criticism of the proposed 9.6% increase to NCUA’s operating budget for 2023, the board finalized its spending plan with $6.7 million cut from the final numbers reports Esteban Camargo.
Protect Your Credit Union’s Future with a People Development Life Cycle
What is your credit union’s long term vision for its staff? CUSO Magazine’s Esteban Camargo discusses why you need a People Development Life Cycle to manage succession events and protect the future of your organization.
