Syndicated

Usually, inflation isn’t too bad. In the past decade, for instance, prices have risen by less than two percent a year. In the wake of the pandemic, however, prices have…

Providing your employees with robust health benefits is one of the surest ways to maintain a happy and healthy workforce and remain competitive in the current labor market. The slight…

Payments modernization strategies can be tricky. On the one hand, many organizations, from large multinational banks to smaller local credit unions, have well-established payment operations to support existing volume and…

Do you often check your phone for notifications? Are you reading this article from your phone? If your answer to both of these questions was “yes,” don’t be surprised. Mobile…

The Delta variant is surging, raising the specter of another onslaught of widespread shutdowns as a growing list of schools return to virtual learning and many retail businesses report staff…

Credit unions need to work together against a proposal that would require financial institutions to report money moving into and out of accounts to the Internal Revenue Service (IRS), said…

The U.S. District Court for the Western District of Texasupheldthe Payment Provisions in the CFPB’s 2017payday lending ruleand marked the effective date as June 13, 2022. In response, CFPB Acting…

As some organizations start bringing employees back to the office, many are finding that not all team members are excited to be transitioning back to an office environment full time.…

The adoption of digital technology reached a tipping point during the pandemic. Companies accelerated the digitization of their customer and supply-chain interactions, as well as internal operations, by three to…

Tune into this episode to learn how fraudsters are leveraging weak authentication to commit account fraud and best practices credit unions can implement for strong authentication measures. Key Takeaways: [01:46]…

As we close out our multi-part DEI series, let’s take a look back at where we’ve been: We started out by considering what it takes toestablish an organization-wide commitment to…

With 58 community colleges throughout the state, North Carolina boasts one of the largest community college systems in the country. For decades, SECU Foundation has provided two-year scholarships to students…

Fannie Mae and Freddie Mac are currently collaborating on a game-changing initiative to redesign the uniform appraisal dataset (UAD) for their standard appraisal forms. This project has been in the…

I hope everyone had a great Labor Day weekend! Speaking oflaboring, the U.S. Department of Justice (DOJ) has been working hard on a number of criminal cases over the past…

CUNAgenerally supportsthe Federal Housing Finance Agency’s (FHFA) thorough enforcement of fair lending laws but urges the agency to ensure this monitoring and enforcement does not generate costly new requirements or…

Reps. Vicente Gonzalez, D-Texas, and Brian Fitzpatrick, R-Pa., today introduced theMember Business Loan Expansion Act,NAFCU-sought bipartisan legislationthat would allow the NCUA the flexibility to provide credit unions with relief from…

The summer of 2021 rang in some poignant themes for people everywhere: freedom, mask-less fun and a greater trust in society again. But this understandable return to normalcy also brought…

The purpose of theSEG Analyzer Toolis to allow federal multiple common bond credit unions to benchmark their SEG addition activity against their peers. It also visualizes growth measures from call…

Consumer advocates are praising the Consumer Financial Protection Bureau’s proposed rule that would require financial institutions, including credit unions, to report demographic information about their small business lending. Lenders that…

For some reason, most institutions have failed to unlock the secrets of marketing to Millennials and Gen Z. Credit unions especially have a hard time with younger groups—their average member…

The best product innovation strategies are cyclical. You might even say product design in the digital era is never really finished. While such a notion can feel intimidating, it’s actually…

NCUA awarded $1.5 million in Community Development Revolving Loan Fund (CDRLF) grants to help105 low-income credit unionsexpand outreach to underserved communities and improve digital services and security. NCUA awarded grants…

NAFCU Vice President of Legislative Affairs Brad Thaler Thursdaywrote to the House Financial Services Committeeto provide the facts in response to bank lobbyists' forceful opposition of legislation to allow credit…

Elevated regulatory expectations for identifying and addressing the risks inherent in vendor relationships are at the heart of proposed guidance recently unveiled by federal banking agencies—a sign that credit unions…