Tech Time: The promise of AI
If there are kids in your life (or even some adults—we don’t judge), you may have heard of the open world sandbox gameMinecraft. You start with nothing—gathering some basic raw…
If there are kids in your life (or even some adults—we don’t judge), you may have heard of the open world sandbox gameMinecraft. You start with nothing—gathering some basic raw…
Is challenging the status quo the new status quo? Chad Helminak, Director of Programs & Impact at the National Credit Union Foundation, certainly thinks so. He joinsThe Remarkable Credit Union…
Climate change is a serious issue and many of us want to do our part to address it. Credit unions want to prepare themselves to be resilient to the physical…
After months of demos, asking questions and reviewing different systems, your credit union has finally decided on a new core! Congratulations!Now the “real” work begins. A. Manage the Data If…
“You must prepare for life, and whatever it will throw at you.” – Moira Rose When the Rose family lost their wealth and grand estate, they were turned out into…
Do you have 99 problems and an open-end credit account is one of them? We have previously blogged aboutlimitation of services, but what happens when you want to terminate or…
The days when fintechs and credit unions were viewed as mortal enemies are clearly behind us. Throughout most of the 2010s, this supposed pitched battle for members’ hearts and minds…
Senate and House lawmakers are in their home states and districts this week after sending President Joe Biden acontinuing resolutionto fund the government on Thursday. The President signed the legislation…
If your team members obsess over these four key factors, they’ll help drive your credit union’s future. As the self-professed lending geek at Ent Credit Union, I know there are…
Thomas “Mack” McLarty, III and Reince Priebus can both vividly recall the moment they realized their careers had taken on a new level of meaning. Both men served as White…
Home prices rose 18.8% in 2021, according to the S&P CoreLogic Case-Shiller US National Home Price Index, the biggest increase in 34 years of data and substantially ahead of 2020's…
It happens all the time. A member thought they had enough money in their checking account to cover whatever it was they decided to buy on any particular day. Only…
A friend and fellow classmate of mine from Harvard, Donald Tighe, sent me thisthought-provoking article from theWall Street Journalon how Harvard’s Business School and other leading Master of Business Administration…
Congress has several laws in place to oversee financial institutions—protecting them against illegal activities such as money laundering and protecting consumers from unfair financial practices. There are various regulatory bodies…
Chef and humanitarian José Andrés will speak at the 2022 CUNAGovernmental Affairs Conference(GAC). Andres will participate in a fireside chat with National Credit Union Foundation Executive Director Gigi Hyland for…
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 top…
Understanding women’s financial lives is the first step to ensuring equal pay. Growing up, my mother told me that I could be anything I wanted to be. The world was…
Mortgage rates increased again, rising to a level not seen since summer 2019. The 30-year fixed-rate mortgage averaged 3.92% in the week ending February 17, up from 3.69% the week…
The expansion of unemployment insurance (UI) benefits during the COVID-19 pandemic drew significant attention from fraudsters looking to capitalize on agencies’ limited capability to verify identities of claimants. The multibillion-dollar…
Wallet share, or theamount members regularly spend with your finserv brand, rather than with competitors, is directly correlated with retention, lifetime value, and member satisfaction. The greater your wallet share,…
For credit union compliance professionals, February means that the annual Home Mortgage Disclosure Act (HMDA) reporting deadline is approaching. As we creep closer to the reporting deadline, the NAFCU compliance…
Being committed to talent development helps credit unions successfully execute their missions. Here’s how this idea extends to the charitable organizations that CUs support. Leadership matters because leaders who inspire…
Credit unions are well-positioned to remove barriers to credit faced by small and minority-owned businesses, CUNAwroteto a House Financial Services Subcommittee Thursday. “Despite field of membership restrictions, credit unions advance…
Total retail sales rose by 3.8 percent in January, following a decline of 2.5 percent in December and a 0.7 percent increase in November. NAFCU Chief Economist and Vice President…