Kansas credit unions and banks issued a statement of opposition to the interchange bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill. while Marshall was in Kansas recently. Jason…
Representative Blaine Luetkemeyer, R-Mo., has joined the lineup of lawmakers set to address credit unions during NAFCU’sCongressional Caucus, happening September 11-14 in Washington, D.C. Luetkemeyer serves as Ranking Member of…
Inflation is top of mind for many people. According to ourQ2 2022 Consumer Pulse survey, almost all consumers (95%) are worried about inflation. Inflation can have a direct, financial impact…
Marketing during an economic downturn may feel counter-intuitive. Slimy even. How can we ask people to do business with us when they’retrying to pay for groceries? But here’s the truth:…
Are you one of the54%of Americans that haslife insurance coverage? If you answered 'yes,' congratulations and job well done! You have taken a proactive step in securing the future of…
“We need younger members!” Of course, you do. I always think of the words my salty, old aunt used to use when I was a kid: “Hold out one hand,…
No matter which news article you tune in to, the world is focused on a single rallying point: Recession. Often followed by talks of ‘Stagflation,’ the fears around early recessionary…
Beleaguered New York City taxi drivers may finally be getting some debt relief from huge taxi medallion loans they took out from financial institutions, including two defunct credit unions. City…
With the goal of boosting businesses owned by Venezuelan and Ecuadorian entrepreneurs participating in the Economic Inclusion Project (EIP), World Council of Credit Unions (WOCCU) and USAID partnered with Visa…
NAFCU Regulatory Affairs Counsel James Akinwrote to the Federal Reserveon Monday to offer support for implementation of the Adjustable Interest Rate (LIBOR Act), while noting that the Fed must be…
All industries are feeling the current shift in the economy, including credit unions. With rising inflation, increased consumer debt and hardships resulting from the pandemic, credit unions are seeing an…
Severe flooding has impacted eastern Kentucky since late July. The damage hit home for theKentucky Credit Union League(KCUL), as credit union members and communities were impacted directly by the flooding,…
As the summer winds down, the state of the economy weighs on the minds of many. But the news is not all bad as some measures of economic health have…
According to research and consulting firm Gartner, teams with high diversity and inclusion show better adaptability, work satisfaction, creativity and loyalty to their company. Diversity is incredibly important to increasing…
CDFIs have submitted applications requesting $32.1 million from theCDFI Small Dollar Loan Program—almost three times the amount of funding available, the Treasury Department announced Friday. Up to $11.1 million is…
NCUA is somewhat ambiguous of what it considers reasonable health insurance and has addressed this issue on a case-by-case basis. Along the way, NCUA has issued several NCUA Legal Opinion…
NCUA, in its role as liquidating agent, announced a $313 million distribution to more than 400 membership and paid in capital shareholders of the former Members United, Constitution, and U.S.…
Last week, the Federal Reserve Bank of Kansas City hosted its 2022 Economic Policy Symposium,“Reassessing Constraints on the Economy and Policy,” in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell…
In May, theNational Credit Union Administrationissued a letter clarifying expectations regarding the adoption of emerging financial technologies—specifically,the use of distributed ledger technology. “The rapid emergence of financial technology is creating…
The two most important days of your life are the day you were born and the day you discover your true purpose in life, motivation speaker Milton Hunt says. Hunt,…
Food delivery giant DoorDash has confirmed a data breach that has left customers' personal information exposed to hackers,the company announced in a statement Wednesday. DoorDash stated that an "undisclosed number…
America’s Credit Union Museum (ACUM) has announced the inductees of their newest exhibit, “Credit Union Women Making History: Herstory,” which highlights a range of credit union women and their achievements…
In recent years there has been more reporting and recognition of the racial wealth gap — the growing disparity in the family wealth in Black households as compared to white…
People who aspire to lead at the top of organizations are plentiful. But although many are called, few are good enough to make it. The current (and past and most…