When an adustable-rate mortgage makes sense - The Term Sheet: Fortune's deals blog Term Sheet

FORTUNE -- During the housing meltdown, adjustable-rate mortgages were vilified as a hallmark of irresponsible borrowing. Recently, though, they've been making a comeback, especially among affluent borrowers. This summer, for instance, Facebook (FB) CEO Mark Zuckerberg reportedly financed his home using an ARM with a rate of just 1.05%. Most borrowers can't snag a rate remotely close to that. But many would still do well to consider an ARM right now ----------When an adustable-rate mortgage makes sense - The Term Sheet: Fortune's deals blog Term Sheet

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CUSouth - Your Partner in Proactive IT Management

See you in Key West 9/21-25/2025 IT Managed Services Your Partner in Proactive IT Management Managing an IT infrastructure is a formidable challenge among the many daily operations you oversee. As technology advances, the complexity of networks and their components increases, often surpassing the in-house IT capabilities of many credit unions. CU*SOUTH is acutely aware of these challenges and has developed a robust suite of IT Managed Services specifically designed to take the burden of IT management off your shoulders. Simplifying IT Complexity CU*SOUTH’s team of IT specialists is equipped to take over the management of your entire IT infrastructure. This comprehensive support allows your credit union to concentrate on its core mission: delivering exceptional service to your members. Comprehensive IT Managed Services That Give You the Advantage: Firewall Management Network Management Server and Systems Administration Desktop Support with Antivirus Patch Management Managed ...

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Estate Planning for Blended Families

Estate Planning for Blended Families In today's diverse family landscape, blended families—those formed when parents with children from previous relationships marry or cohabit—face unique estate planning challenges. The Unique Challenges of Blended Family Estate Planning Blended families often bring together different financial histories, inheritance expectations, and family dynamics. Without proper planning, these differences can lead to unintended consequences: Children from previous relationships may be accidentally disinherited Current spouses might receive less than intended Family conflict can erupt after a death Assets might not flow according to your wishes 1. Create Clear, Detailed Wills While a will is a fundamental estate planning tool for everyone, it's absolutely critical for blended families. Your will should clearly specify: Exactly which assets go to your current spouse Which...

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😊Your Advocacy Made a Difference – Let’s Keep Up the Momentum!

We are thrilled to share a significant win for the credit union movement: Credit unions are not included in the newly released text of the House Ways and Means Committee’s reconciliation bill. This outcome is a direct reflection of the unwavering, months-long advocacy from credit union professionals, volunteers, and leaders like you. Your voices were heard loud and clear. From emails and calls to social media and in-person outreach, your dedication has helped protect the credit union tax status. As the committee begins marking up the bill this week, we must remain vigilant. There is still a c...

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5 Tactics to Fight Fraud Proactively at Your Credit Union

Fraud prevention must be a strategic priority – not just a requirement. By Jeff Scott | May 07, 2025 at 09:00 AM Credit: Pungu x / Adobe Stock Fraud isn’t just a financial loss; it’s a breach of member trust. For credit unions, every fraudulent transaction carries a cost that goes far beyond dollars and cents. It undermines confidence, strains member relationships and exposes gaps in a system meant to protect the people you serve. While response to and recovery from an act of fraud are critical, they’re no substitute for prevention. Once fraud occurs, the damage is done. Restoring funds doesn't erase the emotional toll on members or the reputational impact on your credit union. That’s why fraud prevention must be a strategic priority – not just a requirement. Recommended For You Fintech Experts Share Their 2025 Predictions: Part One How Sun East FCU CEO Deborah Cook Broke Down Organizational Silos Here are five tactics your credit union should implement to turn that strateg...