Syndicated

“Why should I join your credit union?” Fair question. You probably have a laundry list of answers. Perhaps you lead with rate and service. Perhaps there is a specific niche…

Social media can be a cornerstone component in building a comprehensive digital marketing strategy. It offers direct targeting to the exact type of people you'd like your message to reach.…

This has been an atypical year filled with unprecedented changes. A global pandemic, country-wide lockdown, economic downturn, and an uncertain future outlook have combined to create unique challenges for business…

NAFCU receives many questions about advertisements and trigger terms in the context of closed-end mortgage loans. Section 1026.24 of Regulation Z governs the advertising requirements for closed-end mortgage loans. Today’s…

In March, the coronavirus forced TwinStar Credit Union ($1.7B, Olympia, WA) to close branches and move support staff remote. Since then, the credit union has split its focus between what…

Data is growing at an explosive rate. Billions of gigabytes are generated every day, and it’s getting worse. The sheer amount of it is staggering. Data comes from smartphone apps,…

CUNA remains strongly supportive of the Federal Housing Finance Agency’s efforts to ensure the Government-sponsored enterprises (GSEs or the Enterprises) meet their public mission, it wrote to the agency Tuesday…

Senate Banking Committee Chairman Mike Crapo, R-Idaho, last week sent a letter to NCUA Chairman Rodney Hood and other financial institution regulators calling on them ensure credit unions and banks…

Partnering with credit unions on strategic planning, we see various kinds of plans, initiatives, focuses, projects, goals, visions, missions, concentrations and implications. These terms can all mean different things, and…

The impact of unchecked vendor management is estimated to cost organizations an average of 9.2% of their bottom lines; and a big part of the problem is the lack of…

So, you’re leading a team and you want to work better together. Who wouldn’t? One thing underpins every successful team—no matter who or where they are—and it’s essential if you…

Wellbeing is quickly becoming a focus of branch design. This is traditionally a topic focused around the corporate office working environment, but supporting health and wellbeing can add significant value…

Digital disruption. It’s a phrase we hear often – and with good reason. And it’s precisely the kind of disruption financial institutions can lead right now. This week on Banking…

The international credit union movement added over 17 million members in 2019 to reach a new membership high of more than 291 million in 118 countries, according to World Council…

Total consumer credit fell 2.1 percent in August (seasonally-adjusted, annualized) after two months of solid gains. However, NAFCU Chief Economist and Vice President of Research Curt Long highlighted that this…

For decades, the credit union born in the basement of the Richmond, Virginia, city hall in 1950 grew from its base of municipal workers by adding hospital, food industry and…

2020hasbeena rollercoaster in both our personal and professional lives.To help credit union leaders navigate these tough times – and help our colleagues do the same – the Foundation recently hosted…

While the outlook for a robust holiday shopping season is looking bleak, especially for in-store purchases, Amazon is doing its best to capitalize on early holiday spending by launching its…

Recently, I read Annamaria Lusardi’s article in Forbes about the importance of financial literacy in light of the COVID-19 economic recession. I’ve felt the devastating financial consequences of the pandemic…

For many lenders, the coronavirus and subsequent economic challenges have ushered in considerably declining levels of direct auto loan originations and loan growth across the auto lending landscape. Starting in…

We're now in the fourth quarter of 2020. As we reflect on the year, where we – and our organizations – are now is likely lightyears away from where we…

CUNAand its federal PAC, the Credit Union Legislative Action Council (CULAC), wrapped up its $7 million effort aimed at electing credit union champions with a series of independent expenditures (IEs)…

The CFPB Wednesday released new FAQs for the Real Estate Settlement Procedures Act (RESPA) and Regulation X related to gifts, promotional activities, and marketing services agreements (MSAs). In addition, the…

Today’s companies put huge efforts into negotiating the best terms with their suppliers. Procurement teams regularly spend weeks or months going back and forth on contract terms and volume discounts…