Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger will appear before the Senate Banking Committee this week, one of her required semi-annual appearances. The House Financial Services Committee will also…
With the 2020 election season well underway, NAFCU remains committed to supporting credit union champions running across the country. For credit unions looking to join NAFCU's advocacy, the association has…
Smaller Canadian credit unions pay up to a 20% higher effective tax rate than the nation’s “Big Six” banks as a result of a combination of outdated regulations and recent…
A few years back during a Tim Barry concert, Tim dropped a piece of knowledge on the crowd between songs. He explained that he used to ride cargo trains (illegally)…
International Women's Day is recognized every year on March 8. That falls on a Sunday this year, with people and organizations around the world planning to celebrate the “social, economic,…
Do you ever wonder if your credit union members are using Yelp? We can answer that for you: Yes. They are. Here’s why you should pay attention… and why you…
Happy Monday and National Nap Day, Compliance Friends! Before you commence post-daylight savings napping, join me for a compliance blog. A few months ago, I wrote a riveting blog about…
A report by theNCUA inspector generaldetaileddisturbing actions by senior management, including the use of cannabis and trips to a strip club while on the clock. CUNA President/CEO Jim Nussle reacted…
Membership at federally-insured credit unions reached 120.4 million – representing 3.6 percent growth over the year – according to theNCUA's fourth quarter call report data. In addition, assets rose $113…
As we start a new decade, business leaders in every industry—including the credit union movement—are realizing the importance of creating diverse and inclusive workplaces. While promoting the necessity of diversity…
When Angie Bastian studied the snack aisle in the grocery store, she noticed an important omission: No representation of women except for foods geared toward weight loss. That led to…
This Sunday is International Women’s Day, a time to not only reflect on the achievements of women around the world, but also to commit to creating a more gender equal…
While the growth and stability of a credit union is dependent upon many factors, perhaps one of the most pressing concerns currently is the quest to obtain core deposits. As…
We’ve all been there… January first rolls around and our brains jump into overdrive thinking about all the things we are going to accomplish in the coming year. Whether it’s…
Almost all traditional banks and credit unions have been hampered by legacy technology that has made it difficult for them to compete with new tech-driven competitors. But options are now…
People in leadership positions have high expectations for themselves and their employees. In the same vein as being reluctant to ask for help, we avoid failure. Failure means we didn't…
CUNA has launched a resource page for information and other materials on the coronavirus (COVID-19) disease as they become available. CUNA is closely following all developments and will update the…
House Financial Services Committee Member Blaine Luetkemeyer, R-Mo., today introduced NAFCU-supported legislation that would reform the CFPB's governance structure from a single director to a bipartisan commission. NAFCUhas consistently advocatedthat…
With the recent and significant uptick in global cases of the coronavirus (also known as COVID-19), and the virus now prevalent in the U.S., credit union executives and their leadership…
These days, most people use the internet to research the things they’re interested in. It happens constantly with consumer goods—people read reviews, blogs, tech specs, and anything they can find…
Financial institutions need a talented workforce to accomplish strategic goals, such as planning and completing their digital transformation, creating a better user experience and leveraging emerging technologies. But in an…
If you’ve ever wondered if you’re doing enough in your strategic process, there is a highly beneficial piece that is often overlooked. Strategic plans commonly look out three to five…
As the saying goes, content is king. It seems this trend will continue this way for some time, as marketers notice ongoing impact on building awareness, increased customer engagement, as…
Sens. Tim Scott (R-S.C.) and Catherine Cortez Masto (D-Nev.) introduced a CUNA-supported bill Wednesday that would raise federal credit union loan maturity limits on non-mortgage loans from 15 to 20…