Ukraine invasion hits home
The war in Ukraine hits home for manySelfreliance Federal Credit Unionemployees and members. The Ukrainian founders of the $800 million asset credit union in Chicago were displaced by World War…
The war in Ukraine hits home for manySelfreliance Federal Credit Unionemployees and members. The Ukrainian founders of the $800 million asset credit union in Chicago were displaced by World War…
So, you’re a credit union leader. You have a staff to pay, an organization with a strong legacy looking to you to lead the company into its next chapter, and…
On the surface, the Internet is Hawkins, Indiana, a regular place where you go about your daily routine checking emails, paying bills, and posting pictures of what you ate for…
High-performing organizations need high-performing people, and people need feedbackfully develop into high performers. Enter talent development best practices. In our work with financial institutions, we have found that leaders are…
FinCEN issuedFIN-2022-Alert001to credit unions about the potential of sanction evasion activity. This alert warns credit unions the Russian government and sanctioned individuals may attempt to evade sanctions through the use…
Systemic bias in the home appraisals exacerbates the homeownership gap, racial wealth gap, and harms long-term U.S. financial security,CUNA wroteto the Senate Banking, Housing and Urban Affairs Committee Thursday. The…
NAFCU's widely readNAFCU Todayis credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's…
A little over 25 years ago, paying bills required some effort. Back then, your options were to write and mail a check, pay over the phone or pay your bank…
Today, credit unions are up against more challenges than ever, from the rise of fintechs and challenger brands, to the deterioration of the “traditional” banking model. The rapid growth of…
On March 16, 2022, the CFPB published arevised examination procedure guide(Guide) for unfair, deceptive, or abusive acts or practices (UDAAP). In itspress release, the CFPB states that the agency is…
Do you find it difficult to find the right candidates for your company's open positions? Well, you're not alone. By evaluating and refining a few key hiring tactics within your…
Every person has heroes and leaders that they look up to and aspire to become. However, there comes a time when a leader must recognize that the person who they…
What is luck in leadership? Is there something to it? As fictional character Harvey Dent famously said,“I make my own luck.” But still, what is luck in the first place?…
NCUA issued a Risk Alert (22-RISK-01) on the heighted risk of social engineering and phishing attacks that comes with the conflict in Ukraine. According to NCUA, there are raised concerns…
NAFCU President and CEO Dan Berger Wednesdaywrote to the Internal Revenue Service(IRS) urging the agency to adjust the 2022 standard optional mileage rate to reflect the strained oilmarketand rising gas…
This spring marks the beginning of a new era in theNational Credit Union Administration’s approach to call reporting, compliance examinations and regulatory capital for federally insured credit unions. These changes…
Succession Planning So … theNCUA has new proposed rulesabout the board’s involvement in succession planning. (You do know that, right?) They’re concerned that the board’s relative lack of involvement is…
There is no denying the world has changed significantly over the past couple of years. Even now there are still travel restrictions, fluctuating health requirements, and other ongoing disruptions to…
Ever wonder how many times a member has started your online loan application process, and then stopped filling it out for one reason or another? Maybe it took too long…
Culture. It’s a word we throw around a lot, but creating precisely the kind that cultivates ALL the good stuff at your CU? That’s not an easy ask. Luckily, we…
Embedded finance has a projected market value of more than$138 billion, which moves it well past the fad phase: it's the future. Also called banking-as-a-service (BaaS), embedded finance explains the…
At first glance, you wouldn’t think that changing addresses would have much of a financial impact. If you look closer, though, you’ll realize that a lot of your finances depend…
The data has proven challenging, if not troubling: three billion people around the world are underbanked or fully unbanked. That’s 40 percent of the world population. In America alone, 39…
DoubleCheck Solutions, a fintech company addressing outdated non-sufficient funds (NSF) and overdraft practices with practical software solutions, was presented with the CUNATechnology Council’s Best of Show Award at the 2022…