In May, theNational Credit Union Administrationissued a letter clarifying expectations regarding the adoption of emerging financial technologies—specifically,the use of distributed ledger technology. “The rapid emergence of financial technology is creating…
The two most important days of your life are the day you were born and the day you discover your true purpose in life, motivation speaker Milton Hunt says. Hunt,…
Food delivery giant DoorDash has confirmed a data breach that has left customers' personal information exposed to hackers,the company announced in a statement Wednesday. DoorDash stated that an "undisclosed number…
America’s Credit Union Museum (ACUM) has announced the inductees of their newest exhibit, “Credit Union Women Making History: Herstory,” which highlights a range of credit union women and their achievements…
In recent years there has been more reporting and recognition of the racial wealth gap — the growing disparity in the family wealth in Black households as compared to white…
People who aspire to lead at the top of organizations are plentiful. But although many are called, few are good enough to make it. The current (and past and most…
CFPB Director Rohit Choprais confirmed toaddress credit union attendees during NAFCU’s2022 Congressional Caucus. Credit unions can still register for the event, where attendees will engage lawmakers and regulators on a…
As the COVID-19 pandemic continues into its third year, many women continue to face outsized challenges in finding and maintaining stability, success and advancement at work because they are caught…
When developing programs that address members’ financial well-being, keep an important group in mind: your employees. “It’s highly likely that many if not all of your employees are members of…
Registration for the 2023 CUNA Governmental Affairs Conference (GAC) is open! Make plans to join us in Washington, D.C., February 26 to March 3, for the credit union movement’s premier…
At NAFCU, we pride ourselves on “extreme member service,” so a recent Mark Miller leadershiparticlecaught my eye. In the article Miller recounts a recent interview where he was asked the…
With rising interest rates, surging inflation, and a potential recession on the horizon, your borrowers are likely uneasy about the current economic landscape. The best way your financial institution can…
In the wake of economic instability andshifting financial winds, you’ve likely been a part of several discussions at your credit union or community bank that focus on ways to keep…
CUNA sent aletterto the National Credit Union Administration (NCUA) Board Wednesday sharing concerns credit unions and Leagues have raised regarding the Net Economic Value (NEV) Supervisory Test. “Credit unions across…
BadCredit.org recentlyfeatured NAFCU’s advocacy efforts in Washington, D.C., specifically diving into NAFCU’s history and how the association provides advocacy, compliance assistance, and education to help the credit union industry thrive.…
The U.S. Supreme Court’s recent administrative law decision inWest Virginia v. Environmental Protection Agencymay have sent shockwaves throughout the Washington, D.C. regulatory state; however, it is unlikely to disrupt policymaking…
After 44 years of service to Navigant Credit Union in Central Falls, R.I., Gary Furtado will retire as president/CEO at the $3 billion asset credit union by year’s end. Furtado…
Download this comprehensive white paper from Cornerstone Advisors, based on a Q2 2022 online survey of 3,000 US consumers that explores consumers’ use of, experience with, and attitudes towards overdraft…
Despite some economic issues lingering from the global pandemic, rising inflation and threats of a recession banks are pursuing and capturing new credit cardholders with aggressive marketing strategies, more lenient…
What is it about generational banking that creates such a buzz? Some may weigh in on the challenges presented by the polarization of respective expectations. While others see clear and…
With members of Congress back home, financial trade groups—includingCUNAandNAFCU—are mobilizing credit unions and banks to tell lawmakers to oppose Senate legislation designed to expand the credit card processing industry. S.4674would…
CBRE Research recently released anin-depth reporton the real estate investment industry for Q2 2022. They found commercial real estate investment activity this quarter increased 10% year-over-year. In this blog post,…
On Tuesday, thirty-nine credit unionchampions won their primary races in Florida and New York, as well as the special primary runoff election in Oklahoma. Credit Union Legislative Action Council (CULAC)…
Tomorrow through Saturday, the Federal Reserve Bank of Kansas City will host its 2022 Economic Policy Symposium,“Reassessing Constraints on the Economy and Policy,”in Jackson Hole, Wyo. Central bankers, policymakers, academics…