Credit unions and the financial services industry at large are dedicated to protecting customer information along with working to ensure that systems used to provide financial services to Americans are…
Lawmakers in the House Wednesday, in a 417-3 vote, passed legislation that would expand the Federal Communications Commission's (FCC) enforcement authority over violations of the Telephone Consumer Protection Act (TCPA)…
As 2019 comes to an end, savvy organizations will be spending time reflecting on what did and did not work while they make plans for the year ahead. Credit unions…
Kim Ngo and her family truly embody the American Dream. Her father fled Vietnam in 1986 to escape persecution. And when Ngo joined him in Marin County, Calif., seven years…
The FDIC is “looking at” the implications of credit unions purchasing banks, FDIC Chairwoman Jelena McWilliams said Wednesday, indicating that credit unions may have an advantage because of their tax…
While strong demand for loans continues, banks and credit unions have been struggling to raise the necessary deposits in their local markets. For many institutions, growing deposits remains tied to…
The decision to undergo a core conversion is never taken lightly. And why should it be: it’s an intensive process that requires countless hours and numerous resources. But, when contract…
Depending on the size of your bank or credit union, ATMs might cost you a little bit or a lot. The more ATMs, the more money you throw at them…
The House voted Wednesday to pass the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act, legislation designed to combat unwanted robocalls via the Telephone Consumer Protection Act. Specifically, the…
It's the season of giving and to ensure credit unions are equipped for growth and to meet members' needs, NAFCU is giving $300 off its premier educational offerings. Available through…
Given the softening of the auto lending market, now is a perfect time for credit unions to test the near- and nonprime auto lending waters. Clients of Open Lending, a…
Understanding student-athletes have unique needs when it comes to financial education, one university is partnering with a local credit union to make financial education part of the school’s curriculum. As…
There has never been a more exciting time in the banking industry. As technology’s onward rush continues nonstop it provides institutions with opportunities that expand well beyond traditional financial services.…
On Oct. 22, the National Credit Union Administration published a rule amending its fidelity bond regulations (Parts 704 for corporate credit unions and 713 for natural person credit unions). In…
As 2019 winds down, it might not be a bad idea to review whether your credit union promotes what the Financial Crimes Enforcement Network (FinCEN) refers to as a “culture…
Robust technology is no longer a luxury for a credit union that intends to survive, much less thrive. Managing that part of the enterprise can be daunting to a chief…
While CUNA supports aspects of NCUA’s proposed budget, particularly the transparency of the process, CUNA did raise several concerns in its comment letter submitted to the agency Monday. CUNA’s letter…
Following several questions from members on how to handle unauthorized use claims when a mobile payment app was used to facilitate a transaction, NAFCU's Compliance and Regulatory Affairs Teams are…
As credit unions search for cash to fuel important initiatives like recruiting talent, boosting salaries and investing in new technology, larger organizations may find an unlikely source: their own spending…
PenFed, the nation’s third-largest credit union, announced Monday a partnership to buy solar loans from Loanpal as part of its strategy to expanding its portfolio of unsecured loans. PenFed’s VP…
“I never look at deals as one deal. I look at them as a gateway to many more.”– Steve Gold, Real Estate Broker and Million Dollar Listing New York cast…
Thinking and conversing about your own death can be difficult to do, but working through the process is just as important as planning for life’s other milestones — going to…
So much has changed in social media in the last few years. That’s especially true of some of the old favorites, such as Facebook and Instagram. There’s no shame in…
The much anticipated moves by big tech firms into banking took center stage in 2019. Apple partnered with Goldman Sachs to offer a no-fee credit card embedded in the Apple…