Sub-Optimal Fraud Prevention Hurts Member Experience and Hastens Member Churn
Frank Moreno explains how a credit union’s lack of modern fraud prevention technology can spurn away younger generations and lead them into the arms of a new financial institution.
Credit Unions: Trusted for Members in an Era of Tariffs, Uncertainty, and Rising Auto Costs
As the current economic environment continues to take its toll on members, Tim Blochowiak shares how credit unions can step up to support their members’ needs during this period of uncertainty.
NCUA Holds First Board Meeting Since Dismissals
Operating as a one-member board, NCUA Chairman Kyle Hauptman held the organization’s first board meeting since the dismissals of fellow board members Tanya Otsuka and Todd Harper, Emily Claus reports.
More Than Marketing: Cooperative CUSOs Have Been Supporting Credit Unions for Decades
Reflecting on the long history of cooperative CUSOs, CU*Answers CEO Geoff Johnson reminds credit unions not to be swayed by flashy marketing, but to find a true cooperative partner.
Building Bridges: Credit Unions Empowering LMI Communities Toward Financial Prosperity
Financial literacy efforts cannot and should not be constrained to the month of April, it needs to be core principle, ingrained into the credit union’s mission and practiced daily, says Kelli Holloway.
Budget Reconciliation Bill Advancement is a Positive Sign for Credit Union Tax Exemption
The House Budget Committee advanced the budget reconciliation bill to the House Rules Committee, still without language affecting credit unions’ tax exempt status. Esteban Camargo reports on the vote and what comes next as credit unions watch with bated breath.
The Art of the Steal
Chip Filson shares the consequences of regulation without enforcement: unchecked mergers doling out hundreds of thousands to executives while paying credit union owners less than they’re due.
Student Loans in the Wake of Department of Education Elimination: An Opportunity for Credit Unions
With the Department of Education on the brink of closing and the student loan system inside of it in a state of confusion and chaos, borrowers are in desperate need of solutions and support. Emily Claus urges credit unions to not only recognize the opportunity in front of them, but to answer borrowers’ call for help and serve as a trusted financial institution during this time.
How to Pick the Right Sponsorship for Your Credit Union
To further engage with their communities, credit union should consider sponsorship opportunities among local businesses and programs. But how to choose the right one? Kristin Llewelyn offers tips on making sure your partnership aligns with your credit union’s mission.
Credit Unions Secure Major Tax Status Victory
Emily Claus reports that after months of relentless campaigning, credit unions have secured a huge win in the tax exemption fight, as the House Ways and Means Committee reconciliation bill presented today failed to include any changes to the industry’s tax status.
