Federally insured credit unions can get valuable information on Bank Secrecy Act and anti-money laundering compliance during a National Credit Union Administration webinar scheduled for April 14. Online registration for…
Ahead of today's Senate Banking Committee hearing to discuss the implementation of the American Rescue Plan and the coronavirus pandemic, NAFCU Vice President of Legislative Affairs Brad Thaler called on…
The credit union movement’s founding principle was for community members to pool resources so people in need of loans could have access to funds. I often look to these words…
The coronavirus (COVID-19) pandemic will create long-term changes in business development, particularly a greater focus on financial education, digital engagement with select employee groups (SEGs), and community impact. “Business development…
The training department atCommunity First Credit Union Of Florida($2.0B, Jacksonville, FL) operates a centralized portal through which staff at the north Florida cooperative can submit requests to update procedures. Three…
Receiving a large tax refund can feel like you won the lottery. For many of us, it’s the biggest paycheck we receive all year. That’s a lot of “extra” money…
Applications for life insurance increased significantly in 2020. Join our discussion about member perceptions around life insurance, effective ways to educate them, and things your credit union can do to…
The problem with fraud detection for remote services isn’t that humans can’t see red flags when looking at facts about a consumer’s life and finances. The problem is that humans…
With nearly two-thirds of Americans feeling financial strain due to the COVID-19 pandemic, it’s an important time to take an active role in our finances. Making financial plans can feel…
Credit unions suffer unequal treatment for having made important and welcome calls to members under the Telephone Consumer Protection Act (TCPA), CUNA said in an amicus brief filed Wednesday in…
Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee Tuesday to provide an update on implementation of coronavirus relief and discuss the…
In a previous life working for one of the largest core vendors, I had the opportunity to evaluate the decisions of over 100 credit union clients that migrated their core…
A cross-functional panel of C-suite executives explored how credit union marketers can collaborate with their peers across the organization to meet the challenges of a post-pandemic world during a CMO…
Earlier this year, the CFPB filed a lawsuit against a mortgage lender and its top executives for violation of multiple federal and state laws. Among a host of other offenses,…
Adios 2020. Don’t let the door hit you on the way out. The world breathed a collective sigh of relief as we embraced January 1st with “Auld Lang Syne.” But…
It takes tenacity, perseverance, and agility for women to thrive in the highly competitive fintech industry. And that is precisely how the founders of Ignite Sales, Julie Hamrick and Barbie…
But I hold up my hand, I'm just trying make you understand, Lord, you know, everybody tells Lil' Junior "Somebody hoodooed the hoodoo man." – Junior Wells, “The Hoodoo Man…
A group of 29 Senators introduced the Secure and Fair Enforcement (SAFE) Banking Act Tuesday, a week after the same bipartisan bill was introduced in the House. The bill would…
NAFCU's Virtual Regulatory Compliance School resumes today with sessions focused on mortgage origination and consumer lending regulations. In addition, those working to obtain the prestigious NAFCU Certified Compliance Officer (NCCO)…
It’s April 2021 and your board retreat approaches. Half of your board members—and all of those over 65 or with chronic health conditions—have received a COVID-19 vaccine. New COVID-19 cases…
Enrichment Federal Credit Union($652.0M, Oak Ridge, TN) helped bail out nearly 400 small businesses through the Paycheck Protection Program but says it’s now time to move on. According to Craig…
Few banks in the United States are willing to dabble in the student lending space. “Most banks wouldn’t give 17-year-olds $10,000,” said Christine Roberts, head of student lending at Citizens…
As we mark one year of tracking the economic impact of the COVID-19 pandemic, year-over-year debit and credit performance trends will now be influenced by the significant shifts in consumer…
A year ago, organizations around the country scrambled to limit in-person work. Remote work boomed. But do credit union work from home policies cause employee burnout? Yes and no. Here’s…