Syndicated

Workplaces have changed drastically in recent decades. Even in the past few years, the environments in which we work have evolved with new technologies and societal expectations for corporations. To…

Even though banking and financial services have been slower than other industries to adopt the latest technology into their operations, financial organizations are trying to catch up by incorporating artificial…

On October 16, 2019, the Financial Accounting Standards Board approved the change in the adoption dates for several standards including CECL. This extension means more time for your credit union…

In recognition of her passionate leadership and unwavering dedication to living out the credit union principle of “cooperation among cooperatives,” the National Credit Union Foundation (the Foundation) is pleased to…

NCUA Chairman Rodney Hood Wednesday announced the creation of the NCUA Culture Council to promote diversity, inclusion, and equity (DEI) within the agency duringitsCredit Union Diversity, Equity, and Inclusion Summit.…

It is said that trust is the most valuable thing you can earn. In financial services, it’s fundamental to success. Trust in financial institutions has been hard won since the…

Credit unions can expect slower loan growth, accelerated savings growth, and a sluggish economy in the months ahead, says Steve Rick, chief economist for CUNA Mutual Group. During a presentation…

U.S. District Judge Brian J. Davis sentenced the former credit union employee to 10 years in federal prison for mail fraud, embezzlement of credit union funds and filing a false…

On the heels of the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) is the latest regulation to address the perceived imbalance in power that…

During one of our credit union brand development projects, the topic of corporate social responsibility arose, and I got push back from the CEO. “It seems like every organization says…

Being able to text clients is an essential tool that helps maximize efficiency for your business and streamlines your communications. In a recent Hearsay Systems study, results show that 98%…

The NCUA and Small Business Administration (SBA) will host a webinar aimed at strengthening credit unions' small business lending Nov. 13. While the first webinar hosted by the agencies last…

In a ceremony held this week at the annual CEO/Executive Team Network™ in Amelia Island, Florida, CUES celebrated the contributions and achievements of seven credit union executives. Sterling Nielsen, CPA,…

What does it mean to be a hero? Many people believe heroes are ordinary people who do extraordinary things, says Kevin Brown, a motivational speaker who addressed the 2019 CUNA…

A Kentucky federal judge sentenced former credit union executive Josephine M. Crowe Monday to 11 years in prison for stealing more than $3 million from the Louisville Metro Police Officer’s…

The forest fires, the evacuations and now the increase in frequency and reach of the rolling blackouts has made life—and running a credit union—in Northern California “extremely complicated,” says Brett…

Okay, let’s start this out with a major caveat: Most young people don’t have a good understanding of the financial world. Ask them to tell you what APR stands for.…

Lake Trust Credit Union ($1.9B, Brighton, MI) dove into member business lending not long after its creation through a merger of equals in 2010. Since then, the cooperative has built…

NAFCU continues to hear from credit unions who have either received a demand letter or notice of a complaint filed relative to overdraft and insufficient funds fees (NSF). We have…

AARP released a study this month on the impact of training financial professionals to prevent financial exploitation. AARP collaborated with CUNA to launch the BankSafe program in May, designed to…

NAFCU's Brad Thaler reiterated the association's call for a national data security standard to Congress Monday, arguing that not having one in place "creates risk, as bad actors often target…

It’s a fact that change comes easier to certain people compared to others. While some embrace change as a chance for a new beginning, others look at it as a…

If your credit union is wildly successful, be very worried. That’s when complacency sets in, says Diana Kander, author of “The Curiosity Muscle." “Every dollar you make is a reason…

Sylvia Ash, a New York judge and former board chair of the $2.9 billion Municipal Credit Union, pleaded not guilty to three obstruction of justice charges in U.S. District Court…