Banking has seen some drastic shifts since the global pandemic — from the competition to attract and retain new talent, to meeting the needs of customers facing increasing inflation and…
You may have seen a ‘Buy Now Pay Later’ option at checkout at your favorite online store. Buy Now Pay Later is a type of point-of-sale (POS) installment loan. Over…
The Senate returned to Washington, D.C., this week and the House will be back next week, marking the end of August recess. There’s a shortened Congressional calendar for the remainder…
Women in the US are much less likely to have life insurance than men. According to 2022 research from LIMRA, 47% of US women aged 18-75 own life insurance compared…
As consumers’ budgets are feeling the pinch, so is yours. And when times are tight, credit unions’ marketing budget is typically the first to go, which is contrary to research…
The Treasury’s Community Development Financial Institutions (CDFI) Fund issued CUNA-requestedsupplemental guidanceThursday for CDFIs currently in a certification cure period. CUNA and engaged with the CDFI Fund in recent months over…
NAFCUjoined several trades on a letterto the CFPB on Monday regarding the bureau’s request for comment on the Paperwork Reduction Act as itrelates to the collection of credit card terms.…
Momentum is growing for banks and credit unions to eliminate or significantly reduceoverdraft fees, and many institutions are hard at work planning how to navigate this revenue transition. What started…
There are many ways fraudsters try to get your personal information or separate you from your hard-earned money. One of the most popular schemes is through aphishing scam, in which…
It’s that time of year when marketing teams begin reviewing how to develop the budget ask for the upcoming year. It can be a hard needle to thread, as you…
The importance of conducting pre-employment assessments has never been greater. Knowing what qualities would best fit your open positions will most effectively determine if the applicant will positively impact your…
Special guest Representative Ed Perlmutter (D-CO) discusses his work on the SAFE Banking Act and the importance of federal clarity for marijuana banking. Rep. Perlmutter also reflects on the role…
During times of natural disaster, facilities closure and employee displacement create issues, often unprecedented, affecting payroll and other HR functions. The COVID-19 pandemic highlighted the vital importance of timely and…
I recently read “The Infinite Game”by Simon Sinek. Great book. I highly recommend it. It certainly fits nicely into this idea that I’m so passionate about: helping organizations succeed by…
Total loans outstanding in federally insured credit unions increased $194 billion, or 16.2%, over the year ending in the second quarter of 2022, to $1.39 trillion, according to NCUA's latest…
Total vehicle sales fell slightly from 13.3 million annualized units in July to 13.2 million annualized units in August, with monthly sales levels up 0.7 percent year-over-year. NAFCU Chief Economist…
It should come as no surprise that the most popular mobile apps all have similar characteristics: They are simple, easy to use, provide value and—most importantly—they are able to determine…
A recent survey of borrowers across the USA revealed that only 47% of Gen Z respondents (age 15-24) in the USA claimed to have an account with a traditional bank,…
Not unlike the birthdays, graduations and weddings that can forever play on repeat because you shot them on video, video marketing is vital when it comes to communicating about the…
According to CUNA’s2022 National Voter Pollin January 2022, credit unions’ unique makeup and characteristics offer greater financial resilience and higher levels of financial well-being for members and consumer, overall. According…
You either offer digital banking or you don’t. At least that’s how your members see it. They want a seamless experience – from opening their accounts to making transactions, managing…
Being financially prepared for retirement is a top concern for many Americans. With more people living paycheck-to-paycheck and the cost of living and healthcare costs on the rise, many people…
Low-income credit unions can get valuable advice on applying for Community Development Revolving Loan Fund grants and loans duringa Sept.14 webinar.Online registration for this webinar, “How to Get a Winning…
The Bureau of Labor Statisticsissued the August Jobs Report on Friday, which revealedthatthe unemployment rate rose slightly to 3.7 percent in August. NAFCU Chief Economist and Vice President of Research…