Syndicated

For credit union compliance professionals, February means that the annual Home Mortgage Disclosure Act (HMDA) reporting deadline is approaching. As we creep closer to the reporting deadline, the NAFCU compliance…

Being committed to talent development helps credit unions successfully execute their missions. Here’s how this idea extends to the charitable organizations that CUs support. Leadership matters because leaders who inspire…

Credit unions are well-positioned to remove barriers to credit faced by small and minority-owned businesses, CUNAwroteto a House Financial Services Subcommittee Thursday. “Despite field of membership restrictions, credit unions advance…

Total retail sales rose by 3.8 percent in January, following a decline of 2.5 percent in December and a 0.7 percent increase in November. NAFCU Chief Economist and Vice President…

We live in an age defined by polarization, both politically and socially. Even with the best of intentions, our innate prejudices may invade our thought processes and communication with others.…

As financial institutions look forward into 2022 and beyond, it will be nearly impossible to predict the challenges ahead. While it is certain that coming years will be impacted by…

Reversing the recent downward trend jobless claims had been on for a few weeks, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 23,000 from the…

Although a growing number of financial institutions are walking back their overdraft charges, research suggests that greater transparency and fairness over these and many other banking fees could defuse a…

What started and was rapidly adopted by a subset of consumers searching for more ways to budget and improve finances, Buy Now, Pay Later (BNPL) – or installment payments –…

The Federal Open Market Committee (FOMC) Wednesdayreleased minutes from its Januarymeeting which revealed most participants believe it would be appropriate for the committee to remove policy accommodation at a faster…

Email is one of the most effective marketing communication channels. It can be especially successful when coupled with consistent messaging through other digital channels, including social media, push notifications, and…

Cryptocurrency and digital assets and platforms created through blockchain technology are poised to create major disruptions in the delivery of financial services,CUNA wroteto the Senate Banking, Housing, and Urban Affairs…

Senate Banking Committee Chairman Sherrod Brown, D-Ohio, Tuesday announced a delay of panel votes on the Federal Reserve nominations for Jerome Powell to serve as Chair of the Federal Reserve…

The transition from employee to leader is an exciting one. It often comes with the opportunity to help shape and future-proof an organization. Everyone wants to make their mark, and…

Only 9% of millennials say credit unions are their primary financial institution, compared with 74% of millennials who are customers of major banks. Perception explains much of this trend. In…

Voting is now open forCredit Union Magazine's2022Credit Union Hero of the Year, sponsored bySymitar. The four finalists are: Marshall Boutwell, president/CEO at $775 million assetPeach State Federal Credit Unionin Lawrenceville,…

Although over40% of Americans’ financial resolutionis to find ways to save more money, less than half of Americans use budgeting as a way to save. Making a personal budget not…

Tyreo Harrison has built his career on proving something—to himself. As a former professional athlete turned Executive Vice President, he has always worked hard to ensure he is perceived—on and…

With NAFCU’s Regulatory Compliance School beginning in less than a month, we thought it would be a good time to revisit a topic that is covered during school: the difference…

Being someone’s valentine is a special experience. Truffles. Fancy dinners. Those candy message hearts encouraging you to “Hug Me” or “Be Mine.” Valentine’s Day is all about spreading love. And…

Attendees at the 2022 CUNAGovernmental Affairs Conference(GAC) no longer need to verify their vaccine status to attend the annual advocacy event, held Feb. 27-March 3, after Washington, D.C., officials lifted…

NAFCU Vice President of Legislative Affairs Brad Thalerwroteto theSenate Banking Committeeahead of its hearing to review the President’s Working Group (PWG) on Financial Markets’report on stablecoins, cautioning the committee on…

Coming up with extra money to pay the bills, manage crises, boost savings, accelerate your retirement savings or perhaps even finance a dream vacation isn’t as hard as it seems.…

The trend to more fragmentation of consumers’ banking relationships continues, creating a much more complex environment than used to be the case. A Phoenix Synergistics survey exploringloyalty trends in bankingrevealed…