News

Learn how credit unions in small, rural, and remote places offer services that meet the real needs of members and communities.
Explore the misconceptions about tax treatment of credit unions versus banks and their unique economic contributions.
Explore the impact of international development on global communities and how it transforms lives through sustainable financial services.
Bob Schroeder has been in the credit union industry since 1981, serving in collections, lending and administration. As a former CEO, Bob’s insight on financials and how to enhance CU performance ...
Effective risk management ensures stability and strength in today's fast-paced and ever-changing financial landscape. Among the array of risk mitigation strategies, Collateral Protection Insurance ...
Drilling down to the state level, we find a hodgepodge of credit union powers related to field of membership (FOM). For example, data from the Missouri Division of Credit Unions shows that as of ...
Wire transfers, cross-border payments, and ACH settlements are about to change – and in many ways, they already have! The launch of FedNow is a milestone that shifts the tides of the financial ...
Challenges in growing and retaining deposits in a rising interest rate environment are creating liquidity pressures for many credit unions. For example, 30% of credit unions with $1 billion or… ...
In the credit union industry, we maintain that our value to our members is a result of our status as cooperatives – we are our community’s not-for-profit, people-helping-people financial ...
According to recent reports, more than 65% of people use some sort of digital banking service to manage their finances. Since the beginning of the Covid-19 pandemic, online banking fraud and ...
The time to acknowledge the effects of climate change on credit unions is a reality not to be dealt with tomorrow, but an existential challenge to be addressed today. According… ...
The subject of mergers has once again grabbed the headlines.As might be expected, during COVID-19, the pace of mergers dropped from pre-pandemic activity.But recently the number of planned or ...