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In sales they say, “always be closing.” For leadership, the phrase should be “always be reading.” Inc. reports that most executives read four to five books a month. Don’t have…
In sales they say, “always be closing.” For leadership, the phrase should be “always be reading.” Inc. reports that most executives read four to five books a month. Don’t have…
For anyone wondering if the purpose of small dollar loans in this country has waned, allow the last couple years and last week’s CDFI Fund news to be a stark…
With a possible recession on the horizon, growth normalizing, continued supply chain issues, and a tight labor market, navigating the remainder of 2022 and 2023 will be tricky for small…
Credit union trade groups have long argued that financial institutions should receive some feedback about how Suspicious Activity Reports (SARs) filed under anti-money laundering laws are used. Now, theGovernment Accountability…
Explore Freddie Mac’s initiatives related to appraisal modernization and eliminating appraisal bias during this in-depth discussion with Scott Reuter, Chief Appraiser and Director of Valuation, Single Family, Mortgage Credit Risk…
Listen Up! This is what my elementary school teacher used to tell me to try and get me to pay attention in class. I feel like I need to shout…
Kansas credit unions and banks issued a statement of opposition to the interchange bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill. while Marshall was in Kansas recently. Jason…
Representative Blaine Luetkemeyer, R-Mo., has joined the lineup of lawmakers set to address credit unions during NAFCU’sCongressional Caucus, happening September 11-14 in Washington, D.C. Luetkemeyer serves as Ranking Member of…
Inflation is top of mind for many people. According to ourQ2 2022 Consumer Pulse survey, almost all consumers (95%) are worried about inflation. Inflation can have a direct, financial impact…
Marketing during an economic downturn may feel counter-intuitive. Slimy even. How can we ask people to do business with us when they’retrying to pay for groceries? But here’s the truth:…
Are you one of the54%of Americans that haslife insurance coverage? If you answered 'yes,' congratulations and job well done! You have taken a proactive step in securing the future of…
“We need younger members!” Of course, you do. I always think of the words my salty, old aunt used to use when I was a kid: “Hold out one hand,…
No matter which news article you tune in to, the world is focused on a single rallying point: Recession. Often followed by talks of ‘Stagflation,’ the fears around early recessionary…
Beleaguered New York City taxi drivers may finally be getting some debt relief from huge taxi medallion loans they took out from financial institutions, including two defunct credit unions. City…
With the goal of boosting businesses owned by Venezuelan and Ecuadorian entrepreneurs participating in the Economic Inclusion Project (EIP), World Council of Credit Unions (WOCCU) and USAID partnered with Visa…
NAFCU Regulatory Affairs Counsel James Akinwrote to the Federal Reserveon Monday to offer support for implementation of the Adjustable Interest Rate (LIBOR Act), while noting that the Fed must be…
All industries are feeling the current shift in the economy, including credit unions. With rising inflation, increased consumer debt and hardships resulting from the pandemic, credit unions are seeing an…
Severe flooding has impacted eastern Kentucky since late July. The damage hit home for theKentucky Credit Union League(KCUL), as credit union members and communities were impacted directly by the flooding,…
As the summer winds down, the state of the economy weighs on the minds of many. But the news is not all bad as some measures of economic health have…
According to research and consulting firm Gartner, teams with high diversity and inclusion show better adaptability, work satisfaction, creativity and loyalty to their company. Diversity is incredibly important to increasing…
CDFIs have submitted applications requesting $32.1 million from theCDFI Small Dollar Loan Program—almost three times the amount of funding available, the Treasury Department announced Friday. Up to $11.1 million is…
NCUA is somewhat ambiguous of what it considers reasonable health insurance and has addressed this issue on a case-by-case basis. Along the way, NCUA has issued several NCUA Legal Opinion…
NCUA, in its role as liquidating agent, announced a $313 million distribution to more than 400 membership and paid in capital shareholders of the former Members United, Constitution, and U.S.…
Last week, the Federal Reserve Bank of Kansas City hosted its 2022 Economic Policy Symposium,“Reassessing Constraints on the Economy and Policy,” in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell…