As financial institutions, credit unions are constantly faced with compliance challenges. From navigating evolving frameworks to dealing with potential threats from both staff and third-party vendors, managing compliance requires a…
More than any other factor, rewards programs for credit cards drive usage and interest in signing up for new accounts. But research by J.D. Power indicates that rising credit card…
CUNA continues its efforts to prevent the big box interchange bill from being attached to other legislation with a letter to Congressional leaders Friday. Sens. Dick Durbin, D-Ill., and Roger…
A federal court in Kentuckydelayed enforcementof the CFPB’s small business lending data reporting rule until the Supreme Court rules on the constitutionality of the bureau’s funding structure. The Supreme Court…
If you had to start from scratch in a completely new place, how would you do it? What would you need to survive? What would you need to thrive? For…
One resource everyone lacks these days is time. Your current members or customers are short on time. Potential members or customers are short on time. And you are short on…
SECU’s October 11, 2022, annual meeting was a rare example of democratic cooperative governance. Following the traditional annual meeting agenda, approval of minutes, the Chair’s report, election of directors, audit…
Contrary to the desires of Visa and PayPal, cash payments remain a vital segment of retail purchases.Although a smaller percentage of transactions than card transactions overall, cash still accounts for…
The digital revolution has changed how consumers want to engage and transact with their financial institution. Many consumers are managing their money online or with mobile apps, rather than visiting…
CUNA President/CEO Jim Nussle, who will lead America’s Credit Unions should members approve the proposed merger, provided an update on NAFCU and CUNA staff who will spearhead key transformation teams…
NAFCU President and CEO Dan Bergerwrote to Senate Majority Leader Chuck Schumer, D-N.Y., and Senate Minority Leader Mitch McConnell, R-Ky.,to reiterate NAFCU’s strong opposition to an amendment that would attach…
Thank you to NAFCU President/CEO Dan Berger and the entire NAFCU staff for putting on a great Congressional Caucus this week; it was a pleasure to spend a few days…
Contained inside the massive volumes of data that your credit union is creating on a daily basis is the insight you need to better understand your members. It contains valuable…
Student loans have undergone quite a few changes over the last few years. Backtracked statements and moving rollout dates have only made the headlines more confusing. As a borrower, though,…
This week, hundreds of credit union leaders joined NAFCU staff in Washington, D.C. for our annual Congressional Caucus. It was great to be together in-person for this event and to…
In early January, Melanie Vest was scrolling through the local news on her phone when she came across an item she just had to share right away. The company with…
The Federal Housing Finance Agency (FHFA) announced additional opportunities for ongoing public engagement to facilitate the transition to updated credit score models and credit report requirements for loans acquired by…
During Congressional Caucus Wednesday, NAFCU Senior Counsel for Research and Policy Andrew Morris moderated a panel discussion on the FedNow Service with key stakeholders who shared their perspective on the…
Now is the time for financial institutions to prioritize leveraging technology focused on the financial health of their account holders. Two recent surveys, highlighted below, found a gap between what…
As financial institutions continue to evaluate AI underwriting solutions to incorporate into their lending strategies, recognizingthe distinction between vendors and true partners in innovationis more important than ever. While a…
The debt-limit deal struck by the White House and congressional Republicans says the pause on student loan payments will expire no later than Aug. 30. This decision may have had…
The rise in cybercrimes and attacks has reached an alarming rate, putting organizations at risk of losing sensitive information and digital assets. The need to remain protected against these threats…
To begin the second day of NAFCU’s Congressional Caucus, CUNA President/CEO Jim Nussle – who will lead the proposed America’s Credit Unions – joined NAFCU Senior Vice President of Government…
NCUA Chairman Todd Harper and Board Member Rodney Hood addressed credit unions on the second day of NAFCU’s Congressional Caucus to share details on the NCUA’s efforts to bolster financial…