Flood Insurance Program to Expire Unless Congress Acts Quickly
On Sept. 30—the end of the fiscal year—the authorization for the NFIP to write new policies expires, which could cause the postponement of thousands of home purchases, reports David Baumann of CUCollaborate.
Democratic Disruption at an Annual Meeting
Chip Filson shares the debate that occurred at SECU’s annual meeting and how it serves as a rare example of the often overlooked aspect of credit unions: coop democracy.
Liquidity and the Incremental Cost of Borrowing
Thanks to changes in the Federal Interest Rates affecting the need for increased liquidity, examiners are more careful than ever to insure credit unions are maintaining acceptable levels of liquidity. Jim Craven offers ways for credit unions to assess their liquidity and action steps they can take to meet these challenges.
Using AI to Assess and Understand Your Loan Portfolio Ahead of Student Loan Repayments
As the pause on student loan payments comes to an end and borrowers begin planning how this will impact their finances, Adine Deford shares how credit unions can use AI to understand who in their loan porfolio this may impact the most.
NAFCU Congressional Caucus Underway In D.C.
As NAFCU’s annual Congressional Caucus opens up in D.C. advocates are meeting with lawmakers to discuss key topics and issues facing the industry, reports Emily Claus.
Are We Morphing the Wrong Way?
As the price for just about everything is increasing, so are the seemingly endless fees credit unions are charging their members, says Jerry Collins, who argues that these fees burden members and work in opposition of the foundation on which credit unions are built.
Alt text: What Is It and What Is It Good For?
Learning the dos and don’ts of alt text can seem overwhelming, and users may be tempted to add as much as they can. Accessibility expert Susanna Wojtkowiak explains the best methods for adding alt text without overwhelming those who need it most.
Do Credit Union Names Matter?
Juliet believed that names had little bearing on how something is treated or viewed. Chip Filson believes differently, arguing that credit union names—and name changes—can say something about how the institution sees itself and its members.
CU Groups Applaud NCUA Minority Depository Institution Program, but Say More Work Needed
From tailored examinations to merger assistance, the NCUA has taken useful first steps in increasing assistance to MDIs, but more work is needed say industry trade associations and MDI credit unions. CUCollaborate’s David Bauman reports.
Why AI Cannot Replace Your Writer: Part Two
In the final part of her series on AI-generated content, Emily Claus delves into the legal and ethical concerns, including several lawsuits, currently surrounding the use of AI material and why using it for anything important at the moment would be a misstep.
