Syndicated

President Joe Biden named Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA) this week. Her appointment follows Wednesday’s U.S. Supreme Court decision that found the…

NAFCU President and CEO Dan Berger wrote to the NCUA Wednesday to recommend the board consider increasing the interest rate ceiling above the current 18 percent during today's NCUA Board…

Banking high-risk businesses can be profitable and provide a much-needed community service if you know how to do it responsibly and expertly. It is a prime opportunity for credit unions…

When Jim Norris first learned about an in-depth diversity, equity, and inclusion (DEI) training opportunity, he immediately knew SkyPoint Federal Credit Union had to participate. “I wanted to do more…

Ransomware is now identified as a national security risk and companies are paying up – meatpacker JBS says it paid hackers $11 million to resolve its recent ransomware attack. Worst…

Just last week on June 5, great news reached the United States’ credit union community. TheUnited States Treasuryannounced they had awarded $1.25 billion in COVID-19 relief funds to 863 community…

We often talk about personalization and connecting with the customer, especially as digital adoption grows, but there could be emerging opportunities that are not about forging direct relationships. Consumer behavior…

In this episode we're diving a little deeper on updates in cryptocurrencies and the impacts on credit unions. We’re going to focus on blockchain and the impacts on financial products,…

Is your credit union one of the many that are burdened with finding, affording, and retaining skilled staff – especially in such a specific niche as credit union accounting? Do…

Even before the pandemic, traditional mortgage closings were too often inconvenient for members and inefficient for credit unions. That’s why when Beth Eller joinedTruliant Federal Credit Union($3.5B, Winston Salem, NC)…

The U.S. Supreme Court ruled Wednesdaythat the director of the Federal Housing Finance Agency can be removed at will by the president, overturning the current structure that allows the director…

Credit unions are encouraged to join NAFCU's Government Affairs Team to connect with policy makers and industry leaders during the premier credit union lobbying event of the year.NAFCU’s Congressional Caucus,…

Even when consumers give 10 out of 10 on satisfaction with their primary financial institution, McKinsey research has found that only 7% of them buy new products there. In the…

When I got my first job at a credit union, I thought I would be there a short time until I found something better. I was looking for a job…

“These things gotta happen every five years or so, ten years. Helps to get rid of the bad blood. Been ten years since the last one.” - Pete Clemenza, “Capo”…

The economy continues to show signs of recovery in the past month as travel and in-person event attendance have increased following the CDC’s updated guidance for fully vaccinated individuals. Consumer…

Last week the Spring 2021 regulatory agenda was published, showcasing the regulatory plans and priorities of various federal agencies. We previously blogged on entries from the Consumer Financial Protection Bureau…

While the pandemic caused many credit unions to hit the brakes on potential mergers, the recovery has been an impetus for others to begin researching their viability. Learn about what…

Online Account Opening (OAO) has been increasingly important to banks as they transitioned to a more digital banking environment. Since Covid-19 has accelerated the move toward digital banking, effective OAO…

The Federal Reserve announced Tuesday an extension of the comment deadline for its debit card routing requirements proposal. CUNA joined other organizations earlier this month calling on the Fed to…

The NCUA Monday announced the dates for its second Diversity, Equity, and Inclusion (DEI) Summit, happening virtually Nov. 2-4. The summit brings together industry professionals and leaders who are committed…

There’s no denying that board members are vital to any credit union. A robust and effective board of directors is key to a credit union’s success, ensuring it is consistently…

Delinquent borrowers atSTCU($4.4B, Liberty Lake, WA) receive more than phone calls, letters, and emails seeking to make payment arrangements. Since the Great Recession, the Evergreen State cooperative has used a…

Want to start a fight in a group of marketers? Ask them about the effectiveness of emails, and specifically, email newsletters. Most of us have signed up for them for…