President Joe Biden’sFY23 budget proposalreleased Monday contains several items of interest to credit unions, including the Treasury’s Community Development Financial Institutions (CDFI) Fund. The CDFI Fund makes capital grants, equity…
Rep. Stephen Lynch,D-Mass.,Monday introduced legislation that would require the U.S. Treasury Department to issue a digital version of the U.S. dollar. Lynch is the Chairman of the House Financial Services…
Credit unions have faced no shortage of challenges over the last two years. Between the temporary closure of physical locations, finding ways to connect with members digitally and pivoting services…
If you are considering selling your home in the near future, now is a great time to start thinking about the best home improvements for resale. To ensure you get…
Market harder? In viewing the TikTok, I stumbled upon this video message (Hey, if we can call a movie “The Batman,” I can call ittheTikTok!): “A serious mistake a whole…
If a growing chorus of predictions holds, 2022 may go down as the year that use of digital wallets became a majority practice in the U.S. and globally. It may…
If you’re a college student or a twentysomething, going on a Spring Break trip has a special allure. It’s a chance for you to travel somewhere exciting, enjoy some warm…
A new federal debt collection rule enacted under the Fair Debt Collection Practices Act (FDCPA),Regulation F, went into effect in November 2021. This new law will significantly impact the debt…
The House and Senate are both in session this week. The House will consider, under suspension of the rules, retirement and cannabis related legislation, while the Senate will resume consideration…
NAFCU Regulatory Affairs Counsel James Akinwrote to the CFPB Fridayin response to the Bureau’s request for comment (RFC) regarding its inquiry into providers of buy now pay later (BNPL) products.…
What was once deemed a risky and perhaps short-lived fad, cryptocurrency has morphed into an important innovation in financial services—and it's here to stay. According to thelatest consumer research from…
The war in Ukraine hits home for manySelfreliance Federal Credit Unionemployees and members. The Ukrainian founders of the $800 million asset credit union in Chicago were displaced by World War…
So, you’re a credit union leader. You have a staff to pay, an organization with a strong legacy looking to you to lead the company into its next chapter, and…
On the surface, the Internet is Hawkins, Indiana, a regular place where you go about your daily routine checking emails, paying bills, and posting pictures of what you ate for…
High-performing organizations need high-performing people, and people need feedbackfully develop into high performers. Enter talent development best practices. In our work with financial institutions, we have found that leaders are…
FinCEN issuedFIN-2022-Alert001to credit unions about the potential of sanction evasion activity. This alert warns credit unions the Russian government and sanctioned individuals may attempt to evade sanctions through the use…
Systemic bias in the home appraisals exacerbates the homeownership gap, racial wealth gap, and harms long-term U.S. financial security,CUNA wroteto the Senate Banking, Housing and Urban Affairs Committee Thursday. The…
NAFCU's widely readNAFCU Todayis credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's…
A little over 25 years ago, paying bills required some effort. Back then, your options were to write and mail a check, pay over the phone or pay your bank…
Today, credit unions are up against more challenges than ever, from the rise of fintechs and challenger brands, to the deterioration of the “traditional” banking model. The rapid growth of…
On March 16, 2022, the CFPB published arevised examination procedure guide(Guide) for unfair, deceptive, or abusive acts or practices (UDAAP). In itspress release, the CFPB states that the agency is…
Do you find it difficult to find the right candidates for your company's open positions? Well, you're not alone. By evaluating and refining a few key hiring tactics within your…
Every person has heroes and leaders that they look up to and aspire to become. However, there comes a time when a leader must recognize that the person who they…
What is luck in leadership? Is there something to it? As fictional character Harvey Dent famously said,“I make my own luck.” But still, what is luck in the first place?…