Syndicated

Approximately two years after the merger between BB&T and SunTrust that formed Truist Financial became final, the physical face of the big regional bank is now uniform. All 2,500 of…

In October of 2021, the NCUA approved afinal ruleadding a new component to the CAMEL Rating System: ‘S’ for Sensitivity to Market Risk.In March of 2022, NCUA issued Letter to…

Federally insured credit unions, overall, experienced continued growth in assets and loans during 2021, an increase in return on average assets, and a decline in total delinquency rate, according to…

President Joe Biden signed the massive 1.5 trillion omnibus spending package to fully fund the federal government into lawTuesday.Of note, the package includes the NAFCU-soughtCredit Union Governance Modernization Act(CUGMA), which…

The push for more seats at the executive table continues, as it has for decades, for women across the United States. Arecent studyby Catalyst.org, a nonprofit organization dedicated to increasing…

Credit unions have long taken pride in building relationships that prioritize people over products, and that has set them apart from their competitors. Their intent to give the profits back…

Great news: NAFCU and Gallagher are preparing to publish the 15th annual NAFCU–Gallagher Executive Compensation and Benefits Survey. This is our yearly deep dive focused on the executive benefit packages…

DCUC’s advocacy campaign was already in high gear prior to the GAC, and we have only accelerated as we roar into Q2! It began as we prepared for our Defense…

In ourprevious blog on direct deposit, we focused on how its value contributed to record growth in debit volumes, as well as its importance to primacy with members. While Automated…

The lending landscape has endured massive transformation over the years. In the past, underwriting systems were rigid and restrictive, serving only a select population of consumers. With the advancement of…

Who doesn't love a clean, organized home? Here are a few tips that almost every homeowner can take advantage of to make the most out of their spring-cleaning efforts and…

The House and Senate are in Washington, D.C. this week. The House will consider arbitration and civil rights legislation, while the Senate will resume consideration of Shalanda Young to be…

NAFCU Regulatory Affairs Counsel Aminah Moorewrote to the Federal Housing Finance Agency(FHFA) Friday in response to its draft strategic plan for fiscal years 2022-2026, commending the agency on its commitment…

Headquartered in Frankenmuth, Michigan,Frankenmuth Credit Unionhas more than 60,000 members, surpassed the $1 billion asset threshold in 2021 and has been recognized for outstanding service by being named the Forbes…

It’s been almost a decade since Sheryl Sandberg first told women in business to “lean in” and become leaders in the workplace. And while womenaremaking impressive strides—a record41 CEOson theFortune500…

In January 2022,Fannie Maeannounced they will be accepting remote desktop appraisals for eligible loan transactions. To qualify for a Desktop Appraisal, the property must: Be the primary residence of the…

What is a SEG? Select Employee Groups, or SEGs, are groups that share any common bond of association or occupation. Common types of SEGs include: employees of a company, contractors…

The Consumer Financial Protection Bureau last week announced a new initiative that will focus on financial issues facing rural areas. “Rural people are deeply committed to the places they live…

The bylaws are generally clear on what to do in the event of a board of director vacancy before the annual meeting occurs. Under thecurrent model bylawsand theFederal Credit Union…

The NCUA Board will vote on its 2022-2026 strategic plan and its 2022 annual performance plan at its March 17 meeting. The meeting will be streamed via webcast starting at…

NAFCU Vice President of Legislative Affairs Brad Thalerwrote to the House Financial Services CommitteeThursday to express support for the Expanding Access for Underserved Communities Act, which would make changes to…

As organizations struggle to retain their most valuable asset—their people—in the second year of the pandemic, it’s become clear that people strategy is everyone’s responsibility; it doesn’t just belong to…

For credit unions to run successful social media accounts, there must be a balance between using them for branding and as a source of revenue. “Sales shouldn’t be the sole…

In 2021, experts predicted a12% bumpin globalcybersecurity spendingto around $150 billion. In 2022, experts predict that spending will eitherhold steady or rise. By 2025, the cumulative spending could be as…