Sep 16, 2022
By Angela Russell, CUNA Mutual Group Chief Diversity Officer Multicultural business strategy is essential if credit unions are to remain relevant to an increasingly diverse marketplace. Over the last five years, multicultural consumers accounted for 61 percent of...
Sep 16, 2022
CECL. It’s a four-letter word that fills credit union officials with dread. It’s an accounting standard that few people understand that was issued by an accounting board nobody ever heard of. And like a pesky animal eating your petunias, all efforts to get rid of it...
Sep 16, 2022
The buy now, pay later (BNPL) industry grew rapidly during the pandemic, but borrowers may have received uneven disclosures and protections, according to a new CFPB report. Five firms surveyed in the report originated 180 million loans totaling over $24 billion in...
Sep 16, 2022
What is Amazon Business? Whether shopping for home or work, people value Amazon for its convenience, selection, and value. But credit unions have different needs than individual buyers. That’s why we created Amazon Business – to combine the selection, convenience, and...
Aug 17, 2022
Senator Dick Durbin (D-IL) and Senator Roger Marshall (R-KS) introduced S. 4674, the Credit Card Competition Act. The bill aims to apply the two-network and merchant routing choice requirements to credit card transactions that now apply to debit card transactions. The...
Aug 16, 2022
The Nebraska Credit Union League is excited to announce Amazon Business for members. With Amazon Business, credit unions can access hundreds of thousands of sellers who offer business-only selection, quantity discounts, and time-saving features that help businesses...
Aug 15, 2022
Be sure to mark your calendars for the upcoming events listed below. More information, calendar invites, and registration links will all be sent via email in the upcoming weeks. For more information, contact Amy Shaw, ashaw@nebrcul.org. Omaha Resolute GroupSeptember...
Aug 15, 2022
by Jami Jennings, Director Digital Channels/Card & Payments As rare as it is in baseball, the Triple Play is the new power play for credit unions competing with big-pocketed banks. It delivers greater home team advantage to credit unions by allowing them to reward...
Aug 15, 2022
The House of Representatives passed two bills supported by CUNA, the League, and credit unions on July 27th. H.R. 3962 authorizes the use of remote online notarization and creates national standards and protections for its use. The state of Nebraska passed its own...
Aug 15, 2022
Strengthen understanding of overdraft program benefits to fend off uncertaintyBy James Darden II, Vice President of Operations & Client Services Leadership provided by outside credit union board members is critical in setting strategic direction and ensuring that...
Aug 15, 2022
Through a partnership with Jackson Lewis PC member credit unions have access to a FREE Employment Law Hotline. Have an employment related question?Member credit unions can contact Jackson Lewis law firm for daily human resource issues. Contact Chad Richter direct at...
Aug 15, 2022
The House Financial Services Committee passed the Credit Union Board Modernization Act (H.R. 6889) on July 27th on a voice vote to allow flexibility of federal credit union boards of directors to meet a minimum of six times annually rather than the current requirement...
Aug 15, 2022
Building a bridge between inclusive fintechs and inclusive credit unionsBy: Elizabeth McCluskey, Director; CMFG Ventures What percentage of venture capital (VC) funding goes to Black, Latinx and female entrepreneurs? If you guessed somewhere near each group’s share of...
