NAFCU Thursday asked the Federal Housing Finance Agency (FHFA) toextend the effective date for targeted changesto the government-sponsored enterprises’ (GSEs) guarantee fee pricing to March 1, 2023. The changes took…
Small businesses are the heartbeat of our communities, providing localized services and responding to needs felt uniquely by people like them. That’s why it’s so important to us atVerity Credit…
Climate change poses long-term risks to financial institutions’ safety and soundness, as well as possible physical threats in the near term. The former include the increased threat of wildfires in…
Federal financial regulatory agencies are either the solution to discrimination in banking or the cause of the discrimination, witnesses told the Senate Banking Committeeat a hearing on the issue Thursday.…
In this two-part blog series, we will cover the history ofproperty valuationprocess improvements, the challenges the industry faces, and what the Appraisal Qualifications Board is doing to modernize the process…
The credit union movement began with a simple idea — that by pooling savings and making loans to neighbors and co-workers, people could achieve a better standard of living. This…
Hard and soft inquiries, sometimes referred to as credit checks, are requests to view your credit report by lenders, landlords, employers and companies that are authorized to do so. Both…
Whether you’re a soccer fan or not, it’s hard to ignore one of the largest sporting spectacles on Earth – the World Cup. While the feats of athleticism on the…
Recent failures of cryptocurrency and blockchain based financial platforms have demonstrated that an unregulated, unsupervised structure is not viable and poses serious risks to consumers and the economy,CUNA wroteto the…
TheFederal Reserve released its latest Beige Bookyesterday, showing that national economic activity was about flat or up slightly since the previous report, while also being down from the modest average…
It was the fall of 1999, and instead of starting my sophomore year in the classroom, I was spending the semester working in merchandise on the Walt Disney World College…
Join NCUA Board Member Rodney Hood in a discussion about the importance of building strategic partnerships with fintech companies to provide products and services to your members. Explore how the…
Creating a startup in any sector is a challenge. But given the level of technology, regulation, and specialist knowledge required, creating a successful business in the fintech space is even…
While the backend of 2022 has brought us post-covid, a new onset of struggles, by way of inflation and a (presumable) recession, have emerged. The economy is seeing some of…
An estimated one in fourAmerican adultsremain underbanked in 2022, defined as underserved by the traditional mainstream financial system while often relying on abusive alternative financial service influences as predatory payday…
Delivering the best member service at credit unions was once totally dependent on face-to-face relationships, and while that is still important today, the digital transformation has upended what constitutes personalized…
TheAmerican Enterprise Institute, a conservative think tank, is calling for the end of the federal income tax exemption that credit unions now receive. “In addition to the major proposals, our…
Credit unions are consistently willing to refinance small balance loans, but face systemic challenges to refinancing those loans, CUNAwroteto the Consumer Financial Protection Bureau (CFPB) in response to its Request…
As credit unions’ voice in Washington, NAFCU strives daily to provide the industry with unwavering federal advocacy, award-winning compliance assistance, and top-rated education resources. With the support of credit union…
You had the best of intentions. You worked hard all day and had great conversations. You identified the strategies and tactics for the next year. But here you are, once…
In benefits administration, as in life, mistakes happen. In spite of employers’ best efforts to facilitate a successful open enrollment, a few employees will inevitably miss the deadline or accidentally…
Being passionately curious and taking risks are just two of the key lessons that John Davison, Program Director at WHWK taught me when I was a teenager. I've carried those…
We all know brands that stand out, tap emotional connections and build legions of raving fans. Differentiation for them seems almost effortless. They often define their category—or even create a…
It’s that time of year! Credit Unions are holding planning sessions to develop the 2023 Strategic Plan. Is your plan going to ensure your credit union survives and thrives? Or…