Five credit union-friendly candidates won their primary races in Delaware, New Hampshire and Rhode Island Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 333 credit union…
Two pro-credit union lawmakers yesterday joined NAFCU during the 2022 Congressional Caucus. Representatives Ed Perlmutter, D-Colo., and Tom Emmer, R-Minn., bothrecent awardees of the NAFCU Credit Union Champion awards,spoke on…
The past month has been challenging for my family. My nine-year-old son has been sick since early August, and we have been visiting many doctors. He has had several medical…
Recent trends in the auto lending market have unlocked a unique opportunity for credit unions to help both existing and new members save money on their car loans, especially during…
The uncertainty in our current economic environment has caused some lenders to tighten their approach to credit and pull back from some lending activities. However, I believe that this is…
The world of finance and lending has recently begun to experience the innovations of the digital world that have been widely felt across other sectors. However, while global industries have…
The success of infusing financial inclusion and health opportunities into the United States’ low-income designated credit unions continue with the announcement of the NCUA’s Community Development Loan Fund grants! The…
Hello everyone! My name is Tara Simpson, and I hail from the great state of Michigan. I am a new Regulatory Compliance Counsel at NAFCU, and I’m excited to bring…
The NCUA does a good job of nurturingMinority Depository Institutions(MDIs) but fails to ensure that those institutions continue to meet MDI requirements, the agency’s Inspector General said, ina report released…
CUNASenior Economist Dawit Kebedeissued the following statement in response to the Labor Department’s August Consumer Index Report: “The headline inflation increased slightly by one-tenth of a percentage point in August after…
Monday, former New Jersey Governor Chris Christie provided akeynote addressto attendees at NAFCU’s 2022 Congressional Caucus. Christie focused his remarks on the state of politics in the United States ahead…
The past couple of years have brought many changes in the credit union space. Member expectations have shifted, with consumers now demanding modern digital banking experiences. Members are also using…
Early in the COVID-19 pandemic, leaders took quite a refresher course in how best to communicate with employees. I’ve spoken to executives from a variety of industries on five continents,…
Professional football is back! While watching the first weekend of the regular season, it occurred to me that there are strategic similarities between the fundamentals of football and fraud prevention.…
Let’s play a little word association game. When I say Gen Z marketing, what word comes to mind? Does digital immediately leap into your head? While this response does describe…
Digitization and the widespread use of cashless finance already offer a low-cost option to efficiently expand any financial business, but the metaverse will go much farther. The development of the…
CUNA and the National Sheriffs’ Association (NSA) have entered into a strategic collaboration agreement in support of the NSA’s Inmate Growth Naturally and Intentionally Through Education (IGNITE) program, which helps…
Total consumer credit rose 6.2 percent, at a seasonally adjusted, annualized rate, in July and is up 7.7 percent compared to a year ago. Revolving credit - primarily credit cards…
As a credit union service organization, we spend a great deal of our time in conversation with credit union executives, staff and their members. The uncomfortable truth is that even…
A bill introduced in Congress that would allow merchants to bypass established secure payment networks and instead route payments through an unaffiliated network has drawn concerns from CUNA, leagues, and…
Additional money will not solve the problems with the CDFI program,NAFCUsaid in anissue brief, released late last week. “NAFCU would like to stress that additional funding alone cannot and will…
If you’re at a small Credit Union and are being told “you can’t” because of your asset size, this podcast is for you. Becky Reed, CEO of Lone Star Credit…
Greetings, compliance folks! As a compliance professional, and I’m naturally a risk-averse person. Apparently, the appledoesfall far from the tree, as my six-year-old son seems to be a daredevil. He…
As those of us in the lending industry know, unsecured loans inherently carry with them the highest level of risk. Because they’re not backed by any piece of collateral like…