How millennials are changing the global economy

Millennials have grown up when technology has made its greatest strides. Many millennials remember a time before cell phones became mainstream, but are the same people who couldn’t live without them today. Unlike their Gen X or Baby Boomer parents, this group has experienced a wave of technological change, globalization and economic disruption that will […]

Treasury, NCUA partner to increase opportunities for low-income credit unions

The National Credit Union Administration (NCUA) and the U.S. Treasury Department’s Community Development Financial Institutions Fund, Monday, signed an agreement that will streamline the application process for low-income credit unions to become certified as Community Development Financial Institutions (CDFI). Credit unions that obtain CDFI certification can access training and competitive award programs provided by the […]

Credit unions have a steady November

November is typically a slower month for credit unions, but the CUNA Mutual Group trends report finds a steady month with many positives. Loan growth was positive for the month with every asset size category of credit unions showing higher loan growth, year over year. Driving the growth was auto loans, home equity lines of […]

Treasury, NCUA to partner to double number of CDFI CUs

The National Credit Union Administration (NCUA) and U.S. Treasury Department will partner up to double the number of Community Development Financial Institution (CDFI) certified, low-income credit unions in 2016. The memorandum of agreement will be signed today. The Treasury Department works with the CDFI Fund to fund and support mission-driven financial institutions. Treasury Secretary Jack […]

New financial counseling video released by NCUF

The National Credit Union Foundation (the Foundation) has released a new video to showcase its Financial Counselor Training program also known as the Enhanced FiCEP Program and its benefits for credit union members. This video is comprised of numerous testimonials and provides an overview of the financial counselor certification program available for credit union organizations […]