Fresh Today

WASHINGTON–Credit unions talk about improving members’ financial wellness—but where is the data to back up those claims?

WASHINGTON–Pointing to shorter term threats—cyberattacks as a result of the war between Russia and Ukraine—and longer-term issues—plans for more thorough reviews of credit union overdraft practices this year and next—NCUA Chairman Todd Harper touched on numerous issues in remarks to CUNA’s GAC.

WASHINGTON–A group of credit unions leaders here got “real real” on the issue of DEI during CUNA’s GAC here, including addressing the touchy issue of whether some groups in credit unions are just a “tool of the radical left.”

WASHINGTON–CUNA has announced a new chairman and other board officers following elections held during its Governmental Affairs Conference (GAC).

‘WASHINGTON–It was while watching the recent Winter Olympics that Shazia Manus said she began to think about how the pursuit of a life-long quest of transforming into an Olympic athlete that she also began to think of the digital transformation in front of credit unions as a “team sport.”

WASHINGTON–The bad news: Fintechs are winning (500% growth over two years) and credit unions are losing market share, as the data make clear. The good news: Credit unions have the capacity to change, re-capture share and help not just themselves but members, according to one person.

DENVER/SEATAC, Wash.–After earlier announcing they were entering into due diligence related to potentially merging the two organizations, the Northwest Credit Union Association and the Mountain West Credit Union Association agreed said they have agreed to move forward with a merger.

BETHPAGE, N.Y.— Scienaptic, a provider of an AI-powered credit decision platform, has announced that Bethpage Federal Credit Union will implement its solution.

WASHINGTON—Defense credit unions were given an update on cybersecurity-related issues as well as a forecast for the upcoming mid-term elections during the Defense Matters Brunch hosted by the Defense Credit Union Council.

WASHINGTON—The CFPB is expressing concerns over auto lending practices in a new blog post, including suggesting that high used vehicle prices may spur increased repossessions.