Syndicated

Hello compliance land, this is my first “official” compliance blog since joining NAFCU’s compliance team last week. For the past few years, I have worked on the Regulatory Affairs side…

The connotation of the word, fee, has always been bad. The same could be said when you add overdraft in front of it. Death to overdraft fees has been a…

When you take care of your employees, they often return the favor by displaying loyalty and commitment to your business. Acompany-sponsored retirement planshows employees you care about their future and…

Proper debt management leads to financial security in the future – something we all hope to achieve. In fact, much of our financial success depends on our ability to manage…

Learn which credit unions added the most select employee groups (SEGs) and potential new members across the past year. Our recent article, whichanalyzed Credit Unions' 2021 SEG Additions, provided insights…

Limiting access to arbitration could deprive consumers of an efficient means to resolve legal disputes,CUNA wroteto House leadership Wednesday. The House is considering CUNA-opposed legislation to effectively ban arbitration provisions…

Today,NAFCU’s 2022 board election cycleopens with several director positions available. NAFCU's regional board positions reflect theNCUA's restructuring of its regional offices. An email to NAFCU members today will include information…

Virtually every leader dreads giving (and receiving) performance reviews. There are always too many to complete, they take too long, and assuming there is software involved, the software is always…

A pair of longtime credit union leaders are spending the week in Europe supporting Ukrainian refugees and credit unions. Bruce Foulke, president/CEO of $3.6 billion assetAmerican Heritage Credit Unionin Philadelphia,…

Member communication can sometimes feel like another thing on your to-do list, especially if you’re also juggling multiple big-ticket projects. But in reality, it’s one of the the most important…

Let’s be honest—the last couple of years have been hard on everyone. We’ve all had our lives disrupted in big and small ways thanks to the COVID-19 pandemic, and as…

Approximately two years after the merger between BB&T and SunTrust that formed Truist Financial became final, the physical face of the big regional bank is now uniform. All 2,500 of…

In October of 2021, the NCUA approved afinal ruleadding a new component to the CAMEL Rating System: ‘S’ for Sensitivity to Market Risk.In March of 2022, NCUA issued Letter to…

Federally insured credit unions, overall, experienced continued growth in assets and loans during 2021, an increase in return on average assets, and a decline in total delinquency rate, according to…

President Joe Biden signed the massive 1.5 trillion omnibus spending package to fully fund the federal government into lawTuesday.Of note, the package includes the NAFCU-soughtCredit Union Governance Modernization Act(CUGMA), which…

The push for more seats at the executive table continues, as it has for decades, for women across the United States. Arecent studyby Catalyst.org, a nonprofit organization dedicated to increasing…

Credit unions have long taken pride in building relationships that prioritize people over products, and that has set them apart from their competitors. Their intent to give the profits back…

Great news: NAFCU and Gallagher are preparing to publish the 15th annual NAFCU–Gallagher Executive Compensation and Benefits Survey. This is our yearly deep dive focused on the executive benefit packages…

DCUC’s advocacy campaign was already in high gear prior to the GAC, and we have only accelerated as we roar into Q2! It began as we prepared for our Defense…

In ourprevious blog on direct deposit, we focused on how its value contributed to record growth in debit volumes, as well as its importance to primacy with members. While Automated…

The lending landscape has endured massive transformation over the years. In the past, underwriting systems were rigid and restrictive, serving only a select population of consumers. With the advancement of…

Who doesn't love a clean, organized home? Here are a few tips that almost every homeowner can take advantage of to make the most out of their spring-cleaning efforts and…

The House and Senate are in Washington, D.C. this week. The House will consider arbitration and civil rights legislation, while the Senate will resume consideration of Shalanda Young to be…

NAFCU Regulatory Affairs Counsel Aminah Moorewrote to the Federal Housing Finance Agency(FHFA) Friday in response to its draft strategic plan for fiscal years 2022-2026, commending the agency on its commitment…