In the realm of financial institutions, the credit union still offers more than its competition. Whereas credit unions were hampered by limited technological options in the past, new developments in…
Guadalupe Credit Union($168.0M, Santa Fe, NM) works year-round to encourage and teach financial wellness through products, services, and programs it offers to its mostly Hispanic membership across northern New Mexico.…
The EMV migration and fraud liability shift continue in the United States, and some issuers are still going through a natural re-issue process for both debit and credit card products…
We see that prices and costs are rising in the homebuyer market, but how do we maintain growth, especially with first-time homebuyers? Historically, first-time homebuyers have relied on mortgage products…
Amazon Web Services (AWS) is rolling out two new solutions designed to enhance the transparency of corporate transactions for companies that have full audit requirements. An announcement Wednesday (November 28)…
CUNA members can register for free to access a recording of Wednesday's webinar on the Federal Reserve’s development of faster payments, designed to answer member questions and solicit feedback for…
NAFCU President and CEO Dan Berger, in an email Wednesday to members, updated credit unions on the latest tax reform developments, including the recently released House tax extenders and fixes…
One thing is clear after November’s mid-term elections: A lot of new people will be involved in the decisions. “Due to retirements and seats flipping in the election, there will…
The used car market is a “goldmine” now for credit unions, according to one analyst who is encouraging CUs to strengthen their relationships with dealerships to help them move a…
Consider this simple, common example of how middle managers' skills, traits and orientation are shaped: A tactical need arises, and a senior executive makes a request of the manager, who…
Ask a credit union or community bank about their consumer base, and it starts out like a snappy joke: A well-educated, retired woman walks into a financial institution. She’s somewhere…
A couple weeks ago, we blogged on a few FAQs related to mergers. As it continues to baffle those of you out there dealing with mergers, today’s blog expands on…
After visiting with different credit union and bank marketing executives and discussing their challenges, it’s clear many are facing the same frustrations. Not enough time in the day. Overloaded with…
Consumer confidence in the marketplace remained high in the fall of 2018, and the spending habits of credit union members reflect that. Third quarter loan growth is on track to…
CUNA raised concerns with several taxes contained the Tax Cuts and Jobs Act in a letter to legislators sent Monday. The letter was sent to Sen. Orrin Hatch (R-Utah), Sen.…
The 2018 NAFCU Report on Credit Unions is now available online. The report shows, among other things, that the credit union industry continues to strengthen and see membership growth, although…
The IRS is being impersonated by scammers in an email making the rounds and using “tax transcripts” as bait to entice people to open attachments laced with malware. In its…
Current Expected Credit Loss, or CECL, is an important upcoming accounting requirement that requires financial institutions to attempt to predict the expected losses on loans and other debt securities over…
The most successful credit unions clearly understand the needs of the members they’re serving. In many cases, member analytics are at the heart of the strategies used to reach those…
In the era of the digital world, mobile and social media have become major channels for marketing. A fundamental difference with the digital era from the pre-Internet era is the…
It’s been three years since financial institutions, merchants and consumers were encouraged to shift away from the familiar swiping of payment cards in terminals to inserting cards with EMV® (which…
Maybe it’s because I hit one of those depressing milestones the other day when the young lady whom I was buying tickets from at the Museum of Natural History coyly…
With the simple click of a mouse, credit union members and employees can make a difference in the lives of sick and injured children in their community. Tuesday kicks off…
The NAFCU Board yesterday shared credit unions' priorities and regulatory concerns directly with Bureau of Consumer Financial Protection Acting Director Mick Mulvaney during a meeting at the bureau. In addition,…