The list of this century’s biggest data breaches, which have exposed more than 4.99 billion records, reads like a corporate who’s who: Yahoo, eBay, Equifax, Heartland Payment Systems, Target, TJX…
There are countless threats facing credit unions every day. It’s your duty to plan for as many of them as possible. But you can’t realistically plan for them all. So,…
In life, our paths sometimes cross for the briefest flicker of time with another and we are forever changed. I feel that way about Mr. Clarence Hall. Mr. Hall received…
Many credit union staff are former bank employees. We forgive them for this because we’ve all made mistakes in our past. The vast majority of substantive banking experience can be…
For early morning surfers at Sydney’s Bondi Beach who get a little hungry, there’s no need to dig through their duds looking for a wallet or a phone. If they’re…
The structure of the Open Your Eyes to a Credit Union® campaign enables it to cut through the noise, even as advertising ramps up for the 2020 presidential election, said…
When hundreds of credit union representatives gather in Washington Sept. 8-11 for NAFCU's Congressional Caucus, they'll have the opportunity to hear from top administration officials who are shaping policies that…
Charles V. Stanley Jr., 65, of Agua Dulce, Calif., will spend the next six years of his life in a federal prison for a multimillion-debt fraud scheme that victimized eight…
Paper-based processes, labor-intensive procedures, poor accuracy and sluggish performance. These are the main factors that contribute to the sky-high operational costs and low borrower retention rates in the mortgage servicing…
The word “meeting” might as well be a four-letter word. Come on… admit it. If you’re like us, you’ve at least uttered a four-letter word (or two, three or four)…
Some days it is hard to catch a break from the never-ending deluge of new threats and vulnerabilities. Let me be clear: it is not just the infamous cyber-threats that…
Patelco Credit Union($6.9B, Pleasanton, CA) is a year into its new digital presence, built around helping members map their credit union journey by matching financial products to financial wellness. The…
Several pieces of legislation will be on the House floor this week, and a number of hearings will cover matters of interest to credit unions. Among other bills, the House…
NAFCU Chief Economist and Vice President of Research Curt Long noted that Friday's jobs report – with 224,000 jobs gained in June – reveals moderate economic growth, specifically in labor…
Credit unions and their employees face intensifying challenges. With increasing fiduciary risk, market volatility and employee retirement unpreparedness, the need for a 401(k) solution that can provide the due diligence,…
Florida’s Attorney General said skimming and spoofing scams are on the rise in the state, and that could make it trickier for credit unions and other financial institutions to get…
Fears of an Amazon "invasion" in financial services have reached a fever pitch. One Financial Brand article reported that banks and credit unions are "bracing for the Amazon doomsday." Does…
The cooperative financial services industry counted 5,492 credit unions among its ranks as of Dec. 31, 2018. Versus one year prior, that’s 197 fewer institutions, 194 of which were merged…
Late last month, the U.S. Department of Justice (DOJ) U.S. Attorney’s Office of the Eastern District of New York announcedeleven defendants had been charged with defrauding banks to the tune…
Digital disruption of financial services has been debated in articles, podcasts and studies for years. Conference planners have crammed agendas with the theme. Yet many community banks and credit unions…
CUNA’s Monthly Credit Union Estimates for May 2019 shows a continuation of slowing loan and membership growth: credit union memberships increased just 0.31%, the slowest May increase since 2014. Moreover,…
As credit unions seek answers to an unclear rule or further clarification on a regulation, NAFCU's Brandy Bruyere compiles a quick guide to navigate the Federal Register in a post…
I’m a past chapter president for a well-known international women’s organization, The Links, Incorporated.Before I took office, I had a vision to ensure that we were a diverse group of…
But setting proper financial priorities can feel overwhelming when you have so many things competing for your time and attention. However, don’t let this one slip to the sidelines. Here…