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Oct 5, 2023 | 
cuinsight.com | Sydney Isabelle Mayer |Pete Hilger |Ogie Sheehy |Andy Hardin
NCUA and the Federal Trade Commission (FTC) are hosting a webinar titled “Protect Your Credit and Identity with Cybersecurity Awareness” Oct. 26 in recognition of October’s National Cybersecurity Awareness Month. Registration is currently open for the free webinar, which is scheduled to begin at 1 p.m. ET. This webinar will bring together experts from the federal government to help credit unions and consumers increase their knowledge of:The economic consequences of cyber fraud and scams.
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Oct 5, 2023 | 
cuinsight.com | Sydney Isabelle Mayer |Pete Hilger |Ogie Sheehy |Andy Hardin
Total vehicle sales increased 400,000 annualized units in September and monthly sales levels were up 16.1 percent year over year. NAFCU Economist Noah Yosif analyzed the data in a new Macro Data Flash report. “These readings prove that inventory remains a saving grace for the market,” said Yosif. “The recent pickup in production has delivered sales growth by limiting price markups, supporting discounts, and allowing dealers to reach a greater range of prospective buyers across the income spectrum.
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Oct 5, 2023 | 
cuinsight.com | Sydney Isabelle Mayer |Pete Hilger |Ogie Sheehy |Andy Hardin
Publisher’s Note: CUInsight is hosting a free webinar Wednesday, October 11 titled, “Making an Impact with Mobile Education Tools”. We hope you’ll join us! Register here. In today’s digital age, education has evolved beyond the confines of traditional classrooms. The proliferation of smartphones and mobile devices has ushered in an era where the world’s knowledge is accessible at the simple touch of a screen.
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Oct 5, 2023 | 
cuinsight.com | Pete Hilger |Ogie Sheehy |Andy Hardin |Tracie Kenyon
A quick scroll through the news reveals inflation and a tough job market rivaling against the financial goals of the American people. Yet, credit unions continue to support members and communities with low rates, personal service, and local and national philanthropy – and they are positioned to innovate and grow like never before. However, many credit unions missed the innovation mark in the last financial crisis.
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Oct 5, 2023 | 
cuinsight.com | Ogie Sheehy |Andy Hardin |Tracie Kenyon |Scott Butterfield
As the threat landscape facing financial service providers evolves in complexity, more credit unions are formalizing their risk management programs by dedicating a C-suite or senior leadership position to the task. Often carrying the title of chief risk officer, this leadership role tends to be misunderstood. It’s easy to see why. The title alone conjures up the image of a single individual heroically shouldering the weight of all risks facing the credit union.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
The U.S. Supreme Court yesterday heard oral arguments in the CFPB v. CFSA case. In July, NAFCU, CUNA, and the American Association of Credit Union Leagues (AACUL) filed a joint amicus brief in support of CFSA, urging the court to uphold the U.S. Fifth Circuit Court of Appeals ruling that the CFPB’s funding structure is unconstitutional.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
The Carolinas Credit Union League Board of Directors—at its September meeting—approved an additional contribution of $182,975 to the National Advocacy Fund (NAF) to support ongoing CUNA-League efforts against the big box interchange bill and its supporters’ misguided arguments. The NAF has been leveraged by CUNA and the credit union system for many years to fund extraordinary political initiatives.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
For many C-Suites, discussions around loan and deposit pricing, and funding strategies are now beyond the short-term band-aid. Leadership teams are expanding their views to grapple with the inevitable – What may the future hold when our shorter-term funding band-aids peel off? There is no one answer to this question. That is why there needs to be diligent focus on thinking through options and modeling potential financial results.
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Oct 4, 2023 | 
cuinsight.com | Kevin Mummau |Andy Hardin |Tracie Kenyon |Scott Butterfield
We don’t take success as chance and that’s why we are committed to sharing ideas proven by your peers to drive growth and elevate any financial practice or wealth management program. Here are a few great ideas for you to implement in your business today. Let’s begin by taking a quick look at the basics of building and executing a successful business plan.
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Oct 4, 2023 | 
cuinsight.com | Sean Galli |Andy Hardin |Tracie Kenyon |Scott Butterfield
Abbott and Costello showcased how easy it is to miscommunicate in their famous routine, “Who’s on First?” The bit shows two characters unable to understand each other, primarily because “Who” is both the beginning of a question and the name of the first baseman. Watch the clip below to see what I mean…Your credit union marketing regularly gets caught in a “Who’s on First?” situation. You try to tell consumers one thing, but they hear something totally different.
