Syndicated

Without a doubt, the economic story of the past year has been the highest inflation in decades. Not only is it impacting current financial and economic activity, but it is…

As we celebrate the season of giving, we are reminded of the amazing contributions credit unions make each year to their local communities. Once again in 2022, Co-op Solutions and…

Having beenattacked by trade groups for proposed budget increases, the NCUA board on Thursday approved a spending plan that slashes $6.7 million from the document presented earlier this year. The…

The NCUA Board issued a proposal regarding the purchase of loan participations and set the 2023 Normal Operating Level at 1.33% (same as 2022) at its Dec. 15 meeting. The…

NAFCU President and CEO Dan Berger spent Wednesday on Capitol Hill meeting with credit union champions, including House Majority Leader-elect Steve Scalise, R-La., and Rep. Roger Williams, R-Texas, to discuss…

Ready for an astounding fact? According toSiteefy, 1.5 quintillion bytes of content are created every day. That number is expected to increase by 25% in 2022 and more than double…

You know your Credit Union needs to rethink its marketing strategy going into 2023. But how, exactly, are you going to do marketing differently? To help you answer this question,…

CFPB Director Rohit Chopra on Wednesday received a decidedly hostile reception from Republicans during his end-of-year testimony before theHouse Financial Services Committee. “You are changing the law,” Rep. Andy Barr,…

Everyone knows that theholidays are expensive, and one of the biggest expenses is buying gifts for everyone. You don’t just want to buy any old gift, though. You want to…

In late August of this year,Inclusiv/CapitaldirectorCathi Kimhad theopportunity to attendthe initial Native American Financial Institutions Gathering discussing the subject of Native CDFIs at theCenter for Indian Country Developmentin Minneapolis. What…

Once relatively rare, fiduciary liability litigation is on the rise across the country: In 2019, participants in Anthem Inc.’s 401(k) plan reached a$23.7 millionsettlement in an ERISA fiduciary breach lawsuit.…

CUNA Senior Economist Dawit Kebede issued the following statement following the Federal Reserve meeting Wednesday: “The Federal Reserve Open Market Committee (FOMC), as expected, raised the federal funds rate by…

NAFCU Vice President of Legislative Affairs Brad Thalerwrote to the House Financial Services Committee (HFSC)ahead of today’sCFPB oversight hearing. In the letter, Thaler expressed NAFCU’s “thoughts on some current issues…

In mylast column, I sharedbest practices for writing an effective annual performance review. In this post, I will provide strategies for making the evaluation meeting more comfortable, conversational, and meaningful.…

As instant payments grow worldwide, so do the opportunities for fraudsters to strike. In a recent webinar with Alacriti,Mark Majeske, Senior Vice President of Faster Payments at Alacriti, andBrian Riley,…

Time. It's simple but it is so important. Leaders have the unique ability to control their time. That's why it's so important to replace 'I didn't have time' to 'that…

Many credit unions offer traditionally underserved members an advantage in not just banking, but financial planning. One crucial asset they can offer is financial education, providing not only a way…

The CFPB on Monday proposed requiringnonbank financial firmsto register with the agency when they are subject to consumer protection agency or court orders. The registry, which one consumer advocate called…

Occasionally NAFCU will receive questions from credit unions regarding converting from a state to a federal charter. If your state-chartered credit union ever makes this decision, I’ve included some helpful…

The failure of FTX, and the numerous other crypto companies over the last year, has made crystal clear the need for a comprehensive regulatory framework to govern the digital assets…

In a letter sent Monday, NAFCU's Brad Thaleroutlined credit union priorities for the House and Senateas they consider an end-of-year government funding package and conclude legislative work for the 117th…

The NCUA has placedRichmond City Employees Federal Credit Unionin Richmond, Indiana, into conservatorship, agency officials announced Monday. They said the conservatorship was needed due to unsafe and unsound practices at…

Cardholders, whether referring to debit or credit, will likely use their cards because of the benefits that are offered to them. These benefits will increase member satisfaction, help make your…

I’m often asked by credit unions that are looking to work with our team this very question: “How long before I see my credit union marketing start to work?” It’s…