California and Nevada credit union leaders met with Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger is Los Angeles Tuesday to discuss credit union issues. Credit union leaders in attendance…
Total vehicle sales decreased to a rate of 16.4 million annualized units in April. NAFCU Research Assistant Dhruv Singh expects the decline to continue in coming months. “Automobile sales in…
I have studied diversity and inclusion challenges in organizations across multiple employment domains (e.g., business, not-for-profit, and government) for approximately 25 years. After controlling for industry-based differences, I have found…
John Sackett and Phil Browarsky are two long-time credit union board members who are dedicated to meeting the needs of their members in every stage of life. Sackett is a…
Three years after it reported a data breach that compromised customer data at its stores, retailer Eddie Bauer may end up paying about $10 million in a proposed settlement with…
Senior Vice President of Claims and Recovery, Anne Holtzman, led a webinar about natural disasters and the impact they have on total loss. Natural disasters continue to be a national…
My partner repeatedly tells me that I’m not as old as I think I am, but I remember playing in public sandboxes as a kid. I’m honestly not sure people…
When was the last time you made a major financial decision? Have you purchased a house, a car, a new television or an expensive piece of technology? Have you decided…
I often feel like there's not enough time in the day to accomplish what I set out to do. I'll go out on a limb and say many of you…
Growing deposits, affordably, to meet loan demand was easily the leading challenge credit union leaders identified in Callahan’s 2019 Executive Outlook Survey. The respondents also generally reported stable to strong…
The Consumer Financial Protection Bureau (CFPB) issued a proposed rule on Home Mortgage Disclosure Act (HMDA) reporting requirements Thursday, as well as an Advance Notice of Proposed Rulemaking (ANPR) about…
A number of NAFCU conferences are set to break attendance records this year, and credit unions are encouraged to take advantage of early-bird registration savings on upcoming events, including the…
Speculation had been long brewing in the financial services industry about when—not if—Apple would enter the payments space with its own products, and what that would mean for the industry.…
The Federal Bureau of Investigation’s Internet Crime and Complaint Center received 50,000 more complaints in 2018 (351,936) than in 2017 (301,580), with losses from those complaints amounting to $2.7 billion,…
Challenges with partnerships between fintechs and traditional banks and credit unions are understandable in a world where a financial institution tries to forge a partnership with a fintech from scratch,…
The concept of perpetuating awareness about the importance of financial literacy education and the consequences of not understanding personal finances was boosted when in 2004 the U.S. Congressdesignated April as…
The Current Expected Credit Loss (CECL) standard has been a contentious subject since the Financial Accounting Standards Board (FASB) issued it in 2016. Recently, the debate has heated up with…
As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly…
It's important to have a financial institution you can trust to bank with. You need to have aplace to park your cash, as well as a trustworthy provider ofmortgages,personal loans,…
Data security and privacy issues create economic and even national security concerns, CUNA Chief Advocacy Officer Ryan Donovan wrote to Congressional offices Tuesday. Donovan reached out to Senate Commerce and…
The CFPB will hold a town hall focused on debt collection May 8. The bureau's fall rulemaking agenda indicated that it would issue a rule related to debt collection practices…
I’ve been hearing about the “dark web” for a few years. In the past, it had always seemed like something out of a James Bond or Mission Impossible movie—or a…
Violinist Kai Kight likens leaders to composers: they must coax the sweetest notes out of their performers regardless of the instruments they play. “Composers must revise their music so it…
An unidentified database laid bare the information of 80 million U.S. households, including full addresses complete with longitude and latitude, according to a vpnMentor research team that discovered the exposure.…