On a recent episode of NAFCU’s "The CU Lab,"Allied’s own Jarrett Settles (National Sales Consultant | Technology, Lending, and Deposit Growth) got together with two other industry experts – Will…
CUNA Brokerage Services, Inc. (CBSI) Financial Advisors attending Advisor Academy in Madison, Wisconsin took time from their November studies to show they embrace the credit union philosophy of “people helping…
Digital transformation. Omnichannel. Cloud. Blockchain. Artificial intelligence. Who knows the next buzzword that will strike the credit union industry? It feels like there is always a new hot topic. In…
CUNA wrote House leadership this week in support of two bills that are expected to be considered on the House floor in the coming days, the Expanding Opportunities for Minority…
Faheem Masood, president and CEO of NAFCU-member ESL Federal Credit Union (Rochester, N.Y.), has been selected to serve on the Federal Reserve's Community Depository Institutions Advisory Council (CDIAC) for 2020.…
First-time homeownership is on the rise. According to a recent TransUnion projection, at least 8.3 million first-time homebuyers will enter the mortgage market between 2020 and 2022. That number could…
As challenger brands and big tech muscle in further into financial services, how can banks and credit unions survive the attacks? Frankly, they need to stop focusing on these new…
On December 9, 2019, the Consumer Financial Protection Bureau (CFPB or bureau) issued its Fall 2019 Supervisory Highlights featuring supervisory observations from recent examinations. This is the second special edition…
For the past several years now, 93% of digital attacks attempt to exploit the human factor, according to a recent study by IBM. People represent the “human factor” in the…
My soon-to-be husband and I recently purchased his wedding band through an online store called Manly Bands. “Man branding” isn’t an actual term, but after my interactions with this company,…
North Bay Credit Union($71.3M, Santa Rosa, CA) is a small cooperative with a big appetite for risk when it comes to seizing the opportunity to serve emerging needs in its…
Turks and Caicos Islands Governmenthas joined World Council of Credit Unionsas an associate member to initiate the development and introduction of credit unions to its people. A British Overseas territory…
The Texas jury in a second lawsuit brought by USAA against Wells Fargo also determined that Wells Fargo had willfully infringed on USAA's remote deposit capture (RDC) technology patents. The…
Senate Banking Chairman Mike Crapo (R-Id.) should abandon efforts to address wide marijuana policy questions and instead concentrate on the financial services implications, the American Bankers Association said. “While we…
The recent passage of the 2020 National Defense Authorization Act (NDAA) was not only a victory for CUs on military bases, many may not realize it has the potential to…
Choosing the right charter for FOM (Field of Membership) expansion is vital to a credit union’s strategy for growth. Institutions are offered the opportunity to operate under three specific types…
2020 promises to be another banner year for cyberattacks on U.S. organizations. The growing threat of attacks in 2019 and recent years drives home the fact that hackers will use…
Marketing automation is standard for many industries, but credit unions are only just getting started with it. Unfortunately, this means that many credit union marketers can’t visualize the benefits. One…
Visaannouncedit will acquire Plaid—a startup that connects payment apps like Venmo and Square Cash to users' bank accounts to transfer funds—for $5.3 billion. That marks a doubling of Plaid’s value…
The House is expected to consider two bills supported by CUNA this week, and CUNA will also engage on a hearing on cannabis business and the Financial Accounting Standards Board…
As the industry's Washington Watchdog, NAFCU's unmatched relationships with lawmakers, regulators, and administration officials ensure credit unions' voices are heard at the highest levels of government and industry issues are…
Fail! It is a strong word choice for a headline but, unfortunately, not far from the truth. A recent survey conducted by executive search consultancy Russell Reynolds of 234 diversity…
NCUA officials are refusing to discuss reports that they are preparing to auction off as many as 3,500 taxi medallions that were used as collateral for loans. Crain’s New York…
While a recent study shows that for the first time American consumers have rated service provided by credit unions below that provided by banks, one analyst believes it’s not yet…