NCUA’s Proposed 2025 Operating Budget Would Be Nearly $100 Million More Than Its Approved 2022 Budget
NCUA’s budget proposal for 2024-2025 has been released, and the numbers they are asking for should be setting off alarms with credit unions, says CUSO Magazine’s Esteban Camargo.
CUSO Identifies Opportunity in Underutilized Credit Union Owner Investment Authority
The multi-credit union-owned operational services CUSO, Xtend, analyzed the available CUSO investment dollars represented in its credit union owners. Vic Pantea explains the results of the analysis and the opportunities possible, and why more credit unions should be taking them.
Marijuana Businesses Sue to Gain Access to Financial Services
Due to a lack of federal regulation, many financial institutions cannot serve marijuana businesses without risk of repercussions. This inaccessibility leaves marijuana businesses open to safety and financing issues, the Massachusetts marijuana businesses argued when they filed their lawsuit last week, reports David Baumann.
Are Credit Unions Being Disrupted?
Chip Filson debates the possibility of disruption within the credit union industry, from what competition said disruption might be originating, and what this may suggest for the industry.
Banking’s Hidden Risk: Cyber Insurance Coverage Gaps, Exclusions, and Denied Claims
Cyber insurance has become essential in the past few years, with regulators expecting it of their credit unions, and many credit unions expecting it of borrowers. However, there are gaps in insurance that can leave businesses, and in turn credit unions, open to risk, says expert Brett Helm.
One Scam, Two Scam, Old Scam, New Scam
The more things change, the more they stay the same, or at least so it goes in the world of scammers. CUSO Magazine’s Esteban Camargo documents some of the oldest scams around as well as some newer ones that attempt to con your members out of their money.
NCUA Board Nominee Tanya Otsuka Testifies at Confirmation Hearing
On Thursday, October 19, during a confirmation hearing before the Senate Committee on Banking, Housing and Urban Affairs, NCUA board nominee Tanya Otsuka provided her opening statement, reports Esteban Camargo.
Are You Driving Your Career or Just Along for the Ride?
All too often, people become relaxed in their positions and simply wait for the next opportunity to come their way instead of actively seeking it out. John Beauchamp urges professionals to get behind the wheel and start making moves to get the position they want, as opposed to sitting in the passenger seat of their career.
Credit Unions Worldwide Celebrate the 75th Annual International Credit Union Day
On the 75th Annual International Credit Union Day, Emily Claus reports on the history of the event, past themes, and the celebrations going on across the world for the momentous occasion.
A Gen Z Story About Money Management in the Digital Era
Marit Hoyem reflects on lessons learned in making and sticking to a budget when using primarily digital payment methods, which can make it difficult to grasp spending habits.
