As NAFCU continues to pursue an exemption for credit unions from the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard, the association will monitor two meetings today…
One Illinois credit union has opened a branch in a local library as a touchpoint to serve the community and grow its membership. Five years ago, when Mike Lee took…
CUNA is pushing Congress to protect credit unions when they do business with marijuana-related businesses and would like the Senate to attach that provision to the criminal justice overhaul bill…
Here's everything you need to know about payments in the year to come — from digital wallets and mobile P2P to Venmo, Zelle, and Apple Pay. Few industries have been…
Blink. Blink. Type. Backspace. Blink, blink, blink. Type. Blink. – my cursor I have tried to string together the eloquent words to express the gratitude and honor that I have…
Albert Einstein is credited with stating, “If I had an hour to solve a problem…I would spend the first 55 minutes determining the proper question to ask.” What’s the most…
There's a changing tide in wealth management. Looking toward an increasingly digital future, financial institutions are emphasizing meaningful strategies that help financial advisors and investors improve workflows and simplify their…
By now your credit union or community bank’s strategic plan is ready for the New Year. Hopefully, it’s a plan to help you close the gap and hold you and…
CUNA wrote in support of an amendment to the FIRST STEP Act (S. 756) that would clarify the federal treatment of marijuana in states where it is legal Monday. The…
The new NAFCU CFO Network – an exclusive member-only online community for credit union CFOs – is now up and running. This platform provides association members with a unique peer-to-peer…
While students look forward to a holiday break in December, the responsibilities of preparing for the season leave many parents and other adults wanting a break from the holidays. According…
To align your occupancy strategies with your business agility plan, you must embrace change by regularly asking critical questions about how your facilities are responding to planned and unplanned events.…
According to Socrates, “The secret of change is to focus all of your energy, not on fighting the old, but on building the new.” David Libby has discovered that secret.…
Jack Henry & Associates has launched a new bill pay product that allows credit union members to pay their bills using their voices and an Amazon Alexa smart speaker, according…
“Limitations aren't the end of our potential—in fact, they're merely the beginning,” said Phil Hansen, multimedia artist and co-founder of Phil in the Circle, Chanhassen, Minnesota. “We need to first…
The way we think about credit union data these days doesn’t mesh with what’s actually happening in the industry. Credit unions now have access to more data than they ever…
On Saturday mornings during the Christmas season, you can usually find me in my office streaming my favorite Christmas classics and whittling away at the last of my weekly to-do…
NCUA announced last week that it and six state credit union regulators will launch an alternating examination pilot program for a select group of federally insured, state-chartered credit unions. According…
Now in the final scheduled week of the legislative calendar, Congress will need to pass a government funding bill to prevent a partial government shutdown and extend the National Flood…
A former sports executive agreed Wednesday to a plea deal in which he admitted to diverting millions in corporate sponsorship funds, including $9 million from the $12.1 billion Golden 1…
For the first time in seven months, the demand for homes is stabilizing. In October the sale of previously owned homes increased, which indicates that existing properties are becoming less…
When I was a little kid, one of my favorite weekly events was story time at my local library. I would pester my mother all morning long as I impatiently…
As technologies like blockchain, AI and the Internet of Things continues to mature, banks and credit unions will have to prioritize an omnichannel delivery strategy thatcreates a truly responsive customer…
As much as there are new pieces of advice, books, tools and trainings available on leadership, there are some basic fundamentals that have not changed. And every now and then,…