CUGMA offers promise, but awaits NCUA action
On March 15, 2022,President Biden signeda large omnibus spending package into law. Included within that Omnibus bill was a legislative change that Federal Credit Unions (FCUs) have requested for a…
On March 15, 2022,President Biden signeda large omnibus spending package into law. Included within that Omnibus bill was a legislative change that Federal Credit Unions (FCUs) have requested for a…
Award winners were honored for their achievements in marketing and business development during theCUNA Marketing & Business Development Council Conference, March 9-12, 2022. The winners and their accomplishments will be…
The House Thursday passed theForced Arbitration Injustice Repeal Act (FAIR)which bans arbitration provisions in private contracts, in a 222-209 vote. NAFCU and other industry tradesopposedthe bill in a joint letter…
From time to time, Kohl is asked to do a comparative audit of a credit union’s internal systems. For example, we might compare the profitability servicing a credit card versus…
With all the remote and hybrid work options available, there’s never been a better time to search for a job. If you're considering thebest certifications for tech jobs, you should…
In this episode, VP of Risk Consulting at Allied Solutions, Ann Davidson discusses the latest cases of physical attacks on ATM/ITMs, cash loss, and machine damage that is happening across…
“Inflation impacts families on a fixed budget,” saysClaudiaKeller, CEO of Second Harvest Food Bank of Orange County, California. “For a family, the most fungible part of your budget, the part…
At Wednesday’s Post-FOMC press conference, Chairman Jerome Powell made the following statement: “As I looked around the table at today’s meeting, I saw a committee that’s acutely aware of the…
Successful leaders need to build a level of trust to effectively lead an organization. This foundational trust helps create a level of influence over employees that is both healthy and…
CUNA strongly supports efforts to help seniors avoid financial exploitation and to encourage responsible decisions regarding financial management, itwroteto the Senate Special Committee on Aging Wednesday. The committee conducted a…
The Senate Banking Committee Wednesday approved the nomination of Jerome Powell to serve a second term as Chair of the Federal Reserve (Fed); the nomination was cleared by a23-1vote. Powell…
Scienaptic’s presence at CUNA GAC 2022 was hard to miss. The leading AI based credit underwriting platform provider organized an Industry Trends Panel session including Jennifer O Callaghan (SVP, Numerica…
Credit union service organizations (CUSOs) have elevated the credit union value proposition for nearly 50 years, allowing credit unions to leverage collaboration to foster growth and provide a wider range…
Hello compliance land, this is my first “official” compliance blog since joining NAFCU’s compliance team last week. For the past few years, I have worked on the Regulatory Affairs side…
The connotation of the word, fee, has always been bad. The same could be said when you add overdraft in front of it. Death to overdraft fees has been a…
When you take care of your employees, they often return the favor by displaying loyalty and commitment to your business. Acompany-sponsored retirement planshows employees you care about their future and…
Proper debt management leads to financial security in the future – something we all hope to achieve. In fact, much of our financial success depends on our ability to manage…
Learn which credit unions added the most select employee groups (SEGs) and potential new members across the past year. Our recent article, whichanalyzed Credit Unions' 2021 SEG Additions, provided insights…
Limiting access to arbitration could deprive consumers of an efficient means to resolve legal disputes,CUNA wroteto House leadership Wednesday. The House is considering CUNA-opposed legislation to effectively ban arbitration provisions…
Today,NAFCU’s 2022 board election cycleopens with several director positions available. NAFCU's regional board positions reflect theNCUA's restructuring of its regional offices. An email to NAFCU members today will include information…
Virtually every leader dreads giving (and receiving) performance reviews. There are always too many to complete, they take too long, and assuming there is software involved, the software is always…
A pair of longtime credit union leaders are spending the week in Europe supporting Ukrainian refugees and credit unions. Bruce Foulke, president/CEO of $3.6 billion assetAmerican Heritage Credit Unionin Philadelphia,…
Member communication can sometimes feel like another thing on your to-do list, especially if you’re also juggling multiple big-ticket projects. But in reality, it’s one of the the most important…
Let’s be honest—the last couple of years have been hard on everyone. We’ve all had our lives disrupted in big and small ways thanks to the COVID-19 pandemic, and as…