Syndicated

In a perfect world, the reputation of any given credit union would precede it, and people would flock from far and wide to join. Not a dime would be spent…

The $2 billion Vantage West Credit Union is one of Arizona’s largest financial institutions, serving nearly 157,000 members. Lending has driven its strong and steady growth; according to NCUA financial…

The House passed the National Defense Authorization Act (NDAA) for fiscal year 2020 Thursday without any language expanding the Department of Defense’s (DOD) discretionary authority to waive the certain costs…

Federal Reserve Chairman Jerome Powell – during testimony Thursday before the Senate Banking Committee – answered questions about the development of a real-time payments system. NAFCU has worked to ensure…

Facebook recently released the details of the 2020 launch of its Libra cryptocurrency. The news sent ripples across all industries, but no sector felt the shockwaves more than financial services.…

The mortgage market has moved right into credit unions’ sweet spot, according to one expert, who adds that if CUs are to capitalize on the shift they must begin offering…

The title of this blog post might seem a little counterintuitive. After all, it is our duty as leaders to ensure our organizations and companies are working toward their mission…

A few weeks ago, Alogent joined the ranks of some of the most influential in digital banking at American Banker’s Digital Banking conference in Austin, TX. The annual event grows…

Happy Friday, compliance friends! As we are all painfully aware, there are many regulations that mandate specific disclosure requirements(disclosures are our favorite, right?). Among these regulations are NCUA’s advertising rule,…

Voice devices have become a mainstream utility in most homes, with voice-first engagement becoming more commonplace across technologies. According to the Smart Audio Report from NPR and Edison Research, 21%…

CUNA supported two bills marked up Thursday by the House Financial Services Committee, the Homebuyer Assistance Act of 2019 (H.R. 2852) and the Ensuring Diverse Leadership Act of 2019 (H.R.…

A new version of NAFCU's marijuana banking issue brief is now available online, providing credit unions with comprehensive updates on federal legislative efforts and state-level marijuana laws. The brief provides…

Some credit unions likely breathed a sigh of relief when the upward climb of market rates stalled. Deposit pressures were building, and the cost of funds seemed positioned for a…

In 2004, leaders of New Light Christian Church in Houston asked Harlene Johnson, a former banker who'd recently moved to the city from Louisiana, to lead the formation of a…

Alan Kaufman, former CEO of the troubled Melrose Credit Union, was indicted by a federal grand jury in New York City, on charges of accepting bribes from a taxi medallion…

Consumers rely more and more on devices to make purchases as commerce is increasingly shifting online. The need to offer an easy and safer online way to pay is more…

As you may have seen, last month was the beginning of hurricane season and with that, the Foundation focused on memorable moments in CUAid history. What is CUAid? CUAid is…

Millennials get a bad rep just about everywhere. If you’re a Millennial on your credit union or bank’s leadership team, then you’re well aware of the uphill battle you fought…

For the past several years, Corning Credit Union($1.5B, Corning, NY) has been thinking about its future. In particular, the credit union has been working on a digital strategic plan to…

While the business lending market is steadily growing, so is the competition for market share. With little room to differentiate products based on interest rates, according to this article, an…

CUNA President/CEO Jim Nussle and Chief Advocacy Officer Ryan Donovan joined World Council of Credit Unions President/CEO Brian Branch and Vice President of Advocacy Andrew Price, as well as and…

NAFCU is now accepting member credit union applications for the association's 2019Paul Revere Award, which recognizes a credit union champion who goes to great lengths in his or her grassroots…

Every summer as a teenager, I worked for a family business in my small hometown in upstate New York. I would work the morning shift at the ice cream stand…

Employers operating in states that have legalized marijuana use may be having a tough time figuring out how to handle a worker who smoked pot the night before. The employee…