NAFCU President and CEO Dan Berger joined CNN International's Quest Means Business last week to discuss the impact the coronavirus is having on the U.S. and global economies. "There is…
To become the best you can be, don’t look at your weaknesses. Instead, focus on your strengths. “We often study the failures to try to understand good,” says author and…
As part of its ongoing efforts to educate policymakers and the public about large credit unions’ abuse of their tax exemption, the American Bankers Association—through its Explore Credit Unions campaign—is…
Does your credit union effortlessly acquire new members? if so, this post is not for you! However, if you work for a select employer group SEG-based credit union and you’re…
When it comes to the tax status of banks versus credit unions, there’s a clear understanding of the key differences between these two competing — yet separate – industries. Credit…
Don't be fooled: it's not just Social Security Administration (SSA) scams making the rounds. Tax scam emails are flying fast and furious as well. I’ve gotten a few, including the…
Photographer Platon has captured images of a wide variety of people, from the homeless to a who’s who ofcultural icons.During hisED(Filene) Talk Sunday at CUNA GAC,Platon shared his stories of…
The NCUA Board Thursday proposed a rule to amend the agency's corporate credit union rules, which includes some NAFCU-sought changes. In addition, the board finalized the interagency policy statement on…
The National Credit Union Administration’s recent proposed rule on federally insured credit union combinations with banks and other non-credit unions would establish new corporate governance rules for these transactions if…
New privacy legislation is appearing, disappearing, mutating and reappearing at a rate that boggles the mind. As soon as you wrap your arms around one proposal, it gets dumped and…
A Defense Department agency reportedly suffered a data breach last year that may have compromised personal information, including Social Security numbers, of victims involved. ReutersreportedThursday that the Defense Information Systems…
Many of our organizations have a traditional leadership structure. These hierarchies delineate employees' experience and the respective titles communicate that. But does it benefit our companies to stick to this…
The NCUA board issued a corporate credit union proposal, adopted a final interagency policy statement on the current expected credit loss (CECL) standard at its Thursday meeting. The board also…
NAFCU's Carrie Hunt and Ann Kossachev met Wednesday at the Federal Housing Finance Agency (FHFA) with several executives from the agency and government-sponsored enterprises (GSEs) to discuss recently proposed updated…
The average age of a credit union member worldwide is mid-to-late 40s: In Canada, the median age is 53; in Australia, the United Kingdom and U.S., it’s 47. But with…
The largest gathering of credit unions in the country will kick off this weekend when CUNA hosts its annualGovernmental Affairs Conference (GAC). Approximately 5,000 people are expected for the meeting…
Bitcoin markets have been relatively calm since yesterday afternoon, when the digital currency fell more than 8% in a matter of hours. The cryptocurrency declined to as little as $9,410.92…
Digital platforms like Google, email and social media make it possible for the smallest bank and credit marketing teams to generate results worthy of larger organizations, if they get onboard…
The personal details of more than 10.6 million users who stayed at MGM Resorts hotels have been published on a hacking forum this week. Besides details for regular tourists and…
Morgan Stanley agreed to buy discount brokerage E*Trade Financial Corp. for $13 billion, pushing further into the retail market with its biggest acquisition since the financial crisis. The all-stock takeover…
If your credit union is using only traditional underwriting methods, chances are that you’re limiting your lending potential. The use of alternative data in underwriting opens credit avenues for members…
Nearly three years have passed since CUNA submitted its petition for Telephone Consumer Protection Act (TCPA) clarity with no action, CUNA and all 35 state Credit Union Leagues wrote the…
A new article from KrebsonSecurity alerts financial institutions, businesses, and consumers to a new fraud scheme in which stolen credit card information is embedded into barcodes on fake money network…
Remember when we thought more was better? In a more innocent time, leaders really believed the more information people had, the smarter they’d be, the better decisions they’d make and…