Syndicated

A healthy deposit inflow is the foundation of financial institutions. It provides the funding that financial institutions need to make loans, invest in securities, and provide other financial services. Without…

Risk often comes in pairs, and right now, interest rate risk (IRR) and liquidity risk are the dynamic duo putting pressure on financial institutions’ balance sheets. In looking at paths…

Recently, I was addressing nearly 300 credit union leaders at a conference, and I caught myself saying something that I thought bears repeating. The topic was Interactive Teller Machines (ITMs)…

Join Carrie Hunt, President and CEO of the Virginia Credit Union League, for a discussion about state versus federal advocacy and policy priorities from state regulators and lawmakers versus the…

Around 90 percent of a loan lifecycle and engagement happens in the world of servicing, but no one really talks about it. From getting approved to taking a loan through…

I’m generally not a bleeding-edge adopter of technology. But I’m no Luddite either. My preferred category is fast-follower. So, this whole AI, large language model of machine learning thing has…

Sens. Dick Durbin (D-IL.), Roger Marshall (R-Kan.), J.D. Vance (R-Ohio) and Peter Welch (D-Vt.) on June 7 introduced the Credit Card Competition Act (CCCA, S. 1838), which would require banks…

In an interview last winter, Bill Gates described Elon Musk’s decision-making style as“seat-of-the-pants”rather than based on “an objective set of measures done by a broad group of people.” The most…

For credit unions to stay ahead of the curve in the rapidly changing and increasingly competitive world of financial services, they need to fully embrace and integrate digital solutions. Declining…

As customers become more tech-savvy and demanding, their higher expectations extend to when they go to work and represent their businesses. This has become especially true in recent years, as…

NAFCU President and CEO Dan Berger Tuesday presented the keynote address at the African-American Credit Union Coalition’s (AACUC) 25th Anniversary Annual Conference in Atlanta, Ga. In his remarks, Berger discussed…

Let’s just say it: minority depository institutions are having a moment, and we’re here for it. According to the NCUA’s recently releasedannual MDI report to Congress, findings revealed MDIs –…

Working on your credit score can make a critical difference in your long term financial success. For one thing, maintaining a good credit score can save you money when taking…

Goldman Sachs revised down the odds of a U.S. recession happening in the next 12 months, cutting the probability down to 20% from 25% on the back of positive economic…

NCUA Chairman Todd Harper spoke at the International Credit Union Regulators’ Network Annual Meeting in Alexandria, Va., Monday. He discussed the challenges facing regulators and the credit unions and cooperatives…

NAFCU Director of Regulatory Compliance Nick St. John, Regulatory Compliance CounselTara Simpson, and Regulatory Compliance Counsel Judy Dahn presented at the Capital Area Compliance Roundtable (CACR) – a group of…

Back in April, the NCUA requested information on “current and future climate and natural disaster risks to federally insured credit unions, related entities, their members, and the National Credit Union…

If the internet quote is true, Confucius once said,“The man who chases two rabbits, catches neither.” The same is true for the credit union that chases too many ideal members.…

In fact, college tuition is rising at a rate that many can’t keep up with. In the past 20 years, a private school education at the nation’s top universities has…

Payment systems are evolving at an exciting pace and in a way that will help shape the future of financial services in the U.S. Businesses and consumers have been looking…

In today's fiercely competitive financial services market, credit unions face an ongoing challenge to establish themselves as leaders among the thousands of financial institutions. FedNowcan provide your credit union with…

Fraudsters are always looking for a new way to take what is not theirs—cloning debit and credit cards is just one of those ways. In the race to create more…

World events have created economic uncertainty, resulting in financial unease among consumers and businesses. Daily necessities, such as food and gas, have grown more expensive. Jobs have been lost and…

Surfing (whether on the waves or on the web) requires a destination. The destination for normal summertime surfing is clear: the beach. The destination for web surfing is less clear.…