Syndicated

“A ship in the harbor is safe…but that is not what ships are for.” Credit unions and community banks are inherently conservative. That’s a good thing…until it becomes a bad…

Credit union loans outstanding increased 0.7% in June, compared to a 0.7% increase in May of 2023 and a 2.3% increase in June of 2022, according to CUNA's latestMonthly Credit…

Despite all of the talk about AI in financial services, banks and credit unions struggle to know where to start and where best to deploy resources at a time of…

Today, NAFCU has announced the eight winners of its 2023Annual Awards, which honor member credit unions, credit union professionals and volunteers for excellence and achievement in the industry. This year's…

While the feature set of a business process management (BPM) platform can be robust, it’s not always easy to identify where and how to use the tools effectively. Below are…

While they’ve achieved the top leadership spot at their organization, CEOs know they must still take advantage of every opportunity to learn. Three credit union CEOs—all with varying lengths of…

Jim Nussle, president and CEO of CUNA who has been selected to lead America’s Credit Unions should CUNA and NAFCU members approve the merger, penned a letter Thursday detailing how…

It’s an honor to be invited to speak at NAFCU’sCongressional Caucus, Sept. 10-13 in Washington, D.C. Thank you to NAFCU President/CEO Dan Berger for the generous invitation. I look forward…

One of the great challenges of technological innovation today is the understanding that for any product to find success, one cannot simply innovate for the sake of innovating. Finding true,…

It’s been two weeks since the announcement of the proposed CUNA-NAFCU merger, and we have been met with positive reactions, genuine questions, and an excitement that reinforces the sense that…

On August 1st, the Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) announced their intent to merge the two organizations. The merger of the…

With over half the year gone andCurrent Expected Credit Losses (CECL)audits looming around the corner, if your credit union hasn’t already found a CECL partner, it’s not too late to…

Building a culture of accountability within a credit union is crucial for fostering transparency, responsibility, and overall success. Here are some steps and strategies to help you establish and nurture…

In the ever-evolving landscape of data collection in the credit union and financial service industries, the race to capture new markets and enhance member experience has intensified.Basically, you have to…

Businesses are most interested in increasing the speed of their digital transactions, according to a research survey1of smallbusiness banking decision makers commissioned by Alkami in 2023. Among the top features…

The path to successful marketing lies in understanding your identity and the people you serve. $1 billionLAFCU, Lansing, Michigan, has earned national recognition for its ability to discern this. Yet…

This week, hundreds of thousands of borrowers arereceiving student loan forgivenessas a result of a Biden administration initiative that adjusts qualifying payment counts. “Beginning this week, 804,000 student loan borrowers…

When you buy a house, you’re not just getting a nice place to call your own. You’re also buying one of the few assets that tends to increase in value…

Banks and credit unions often use a consumer mobile banking app — or a glorified version of it — to serve small business customers. This is starting to change, but…

In 2022,McKinsey & Companyfound 40% of U.S. employees were planning toleave their jobs. While market-based compensation and benefits are a starting point to retain staff, McKinsey’s research found employees placed…

Credit union brand training easily becomes a dog and pony show if you’re not careful. The trainer shows up, gives a fancy presentation, packs their bags and heads home…leaving your…

Join VantageScore’s Senior Vice President of Industry & Government Relations for a discussion about credit scores, the Federal Housing Finance Agency’s (FHFA) initiative to validate and incorporate new credit score…

Commonwealth Credit Union’s partnership with Upstart shows how fintech partnerships can unlock potential in financial institutions. Automation drives innovation, allowing for financial institutions to focus on what matters most: supporting…

On July 28th, the credit union industry and all of its champions and supporters flocked to Twitter, LinkedIn, Instagram, and other platforms alike in celebration of the annual social media…