The short answer? No. Voluntary benefits are benefit options such as dental, vision, disability, and critical-illness and accident insurance, ID theft protection, and legal services that an employer can offer,…
On April 5, 2021, the Financial Crimes Enforcement Network (FinCEN) issued an Advanced Notice of Proposed Rulemaking (ANPRM). This ANPRM mostly seeks comments regarding how FinCEN can implement provisions of…
The most efficient tax refund is the one that doesn't need to be sent. Overpaying your taxes means the IRS holds some of your money interest-free until they get around…
Among CEOs, Bill Bynum has carved out a reputation of staying true to the credit union mission. He began his career helping to establish North Carolina-based Self Help Credit Union,…
NCUA released its Office of Minority and Women Inclusion (OMWI) annual report Wednesday detailing the agency’s progress in 2020 in advancing diversity, equity, and inclusion in its workforce. The report…
Ahead of NAFCU's congressional testimony tomorrow on the risks of fintech chartering, NAFCU President and CEO Dan Berger joined Fox Business Reporter Charlie Gasparino to discuss the issue on The…
As a leadership consultant and success coach, I believe that habits are an important element of leadership success. Our daily practices are what support our focus, results and growth, allowing…
Earlier this year, we took a look at what to expect from newly-minted NCUA Chairman Todd Harper. Now, we turn our attention to Rohit Chopra, President Biden’s pick to head…
There are many reasons to include a service agreement with the purchase of a document or check scanner from USC. Read them below!
According to the 2021 update of “Non-Qualified Executive Benefits: A Guide for Credit Union Leadership,” the growth of split-dollar life insurance arrangements has outpaced that of other standard components of…
IH Mississippi Valley Credit Union($1.7B, Moline, IL) is helping members achieve financial health and wellness by focusing on the organization first, then reaching out to its circles of stakeholders. Executing…
’m sure you have moved to a new town or started a new job at one time or another. At first, you might not have trusted everyone with open arms.…
According to a survey of 500 managers in the U.S., the majority of managers feel too overwhelmed with administrative tasks such as time tracking and submitting expense reports to properly…
Bipartisan legislation extending the loan maturity limit for federal credit unions would help more credit unions enter the student lending sector, CUNA wrote to the Senate Banking, Housing and Urban…
As credit unions' leading federal advocate, NAFCU is launching a new award – the Congressional Credit Union Champion Award – to thank members of Congress for their support of the…
A recent study conducted by fintech banking platform, Oxygen, found that despite the many restrictions imposed by the pandemic, almost seven in ten Americans (69%) overall had visited a bank…
More than one year after the World Health Organization declared COVID-19 a pandemic, optimistic signs are appearing on the health and economic fronts. On the health front, active case counts…
Achieving and maintaining financial stability is a goal many Americans have. Everyone wants peace of mind knowing that their money is being handled properly. Wealth Managers play an important role…
For years, the humble website faded into the background, quietly working while emails zipped out, social media dazzled the business world, and live events grabbed attention with flashy keynote speakers…
The pandemic sharply increased the number of video banking interactions among financial institutions with the technology in place. Before the outbreak, a handful of banks and credit unions were running…
Go Where Your Customers Are No one can refute that the pandemic has changed the trajectory of our lives. We’ve all spent more time at home and have changed the…
Credit union advocates in Idaho, Oregon and Washington havenew, data-rich tools to support their advocacy and public awareness work this year. The NorthwestCredit Union Association (NWCUA) is providing its member…
President Joe Biden Friday released his fiscal year 2022 discretionary funding request, which the administration indicated "outlines a strategy for reinvesting in the foundations of our country's resilience and strength."…
It’s easy for a competitor who’s courting one of your best executives to offer a higher salary and annual bonus. If that executive has a well-designed deferred compensation program in…