Uncover the Top 5 fraud schemes and proven defense strategies
As the financial worldbecomes increasingly digital,fraud in all its forms is on the rise. This is especially true for credit unions, which are often targeted due to their perceived lack…
As the financial worldbecomes increasingly digital,fraud in all its forms is on the rise. This is especially true for credit unions, which are often targeted due to their perceived lack…
I hope you’re as excited as I am about our intent to merge with the National Association of Federally-Insured Credit Unions (NAFCU) announced this week. This came about by leaders…
According to the most recent survey from Bankrate1, U.S. adults, on average, have held the same checking account for 17.75 years, with adults age 55+ keeping the same account for…
NAFCU and CUNA made an exciting announcement this week – theintent to merge and form America’s Credit Unions. This decision was not made lightly. It was a collaborative process, with…
NCUA has observed a rise in cyberattacks against credit unions, credit union service organizations (CUSOs), and other third-party vendors supplying financial services products. These attacks include incidents directly related to…
Total vehicle sales increased 100,000 annualized units in July and monthly sales levels were up 22.6 percent year over year.NAFCU Economist Noah Yosif analyzed the data in a newMacro Data…
Does your bank or credit union have a tried-and-true formula for pricing that it has used for years? Does it rely on basic inputs like loan-to-value and debt-to-income ratios? It…
In an industry first, Alkami is now leveraging artificial intelligence (AI) predictive modeling to help financial institutions identify highly engaged account holders, offer them products and services most likely to…
The numbers have come out, and Gen Z is still available for the taking. With just four percent of our youngest generation registering as members of a credit union, the…
As we enter the time when we start looking ahead to the next year, your credit union strategic plan might be complete, or you plan to work on it very…
Streaming. Same-day delivery. Information at our fingertips. Technology has made instant or fast gratification a fixture of modern life. We expect to get what we want when we want it,…
All CEOs will inevitably leave their roles. As experienced professionals approach retirement age and a tight labor market persists, executive succession plans are becoming more important than ever to ensure…
Deploying technology to meet members’ needs these days—wherever they are in their financial services journey—increasingly means leaning into artificial intelligence and predictive analytics. But taking the AI bull by the…
Amanda Merz has deep ties to the nonprofit community in the Sacramento, Calif., area, and these relationships provide deep insights into community needs. Merz is community impact manager at $4.6…
As the days become shorter and record-high summer temperatures finally begin to cool down, young students and their families naturally begin thinking about the return to school and college. Fortunately,…
Hello, college, hello, money worries! College life brings a sense of independence that extends to personal finances. Being in charge of your own money can seem like an impossible challenge,…
In credit unions, Financial Education, Financial Literacy, and Financial Wellness are seemingly interchangeable, but each has a distinct meaning and purpose. What does your credit union want to become in…
CUNA President and CEO Jim Nussle and NAFCU President and CEO Dan Berger Tuesday notified members of both organizations that the associations have signed a Letter of Intent (LOI) to…
DCUC, CUNA, and NAFCU sent ajoint trades letterto Senator Patty Murray (D-WA) expressing our support of theSenate Amendment 206to the 2024 NDAA. This amendment would help to remove many current…
The Federal Reserve’s Julysenior loan officer opinion survey(SLOOS) on bank lending practices examined changes in the standards and terms on demand for bank loans to businesses and households generally corresponding…
Having a comprehensive succession plan can help credit unions achieve their goals, mitigate leadership transition risk, maintain cultural continuity and instill confidence in the organization. Recognizing the many and significant…
MECU Credit Union and the MD|DC Credit Union Association recently held a roundtable discussion with Rep. Kweisi Mfume, D-Md., who represents Maryland's 7th congressional district. Following the meeting, Mfume took…
Mastercard(MA.N)has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United…