Syndicated

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,…

About one in five financial institutions still do not offer mobile banking and 43% do not offer mobile payments, according to research published this fall by the Federal Reserve Bank…

#GivingTuesday has joined Black Friday and Cyber Monday as post-Thanksgiving traditions, but in contrast to those shopping days, this one is about the holiday spirit that extends beyond spending. Created…

After years of warnings about the demise of retail, there’s one thing we now know for certain: rumors of the sector’s death were greatly exaggerated. Analysts predict this will be…

Talent development today is a balancing act. We work to balance the needs of … employees to offer applicable development opportunities, leaders to develop themselves and their staff in ways…

In just a little over a year from now, on January 14, 2020, Microsoft will no longer support Windows 7, the operating system that drives 400,000 ATMs in the U.S.…

The Federal Reserve and Bureau of Consumer Financial Protection jointly issued a proposal last week that would make changes to Regulation CC, which implements the Expedited Funds Availability (EFA) Act.…

The NAFCU Board today will meet with Bureau of Consumer Financial Protection Acting Director Mick Mulvaney to discuss various regulatory issues affecting the credit union industry and the bureau's 2019…

With student loan debt escalating each year, many Americans are more focused on making a living than living their lives. Student loan holders are struggling to pay rent, cover basic…

Todd Harris knows how to get things done. A year after he took over as CEO of Technology Credit Union in San Jose, Calif., the credit union’s assets increased 13%,…

Credit unions do not belong in the Community Investment Act, credit union trade groups said in letters to the Office of the Comptroller of the Currency and the House Financial…

Wage growth at a post-recession high and the lowest unemployment rate since 1969 means good news for retailers in the United States this season. Holiday spending in the U.S. is…

This year as I prepare to spend Thanksgiving with my family, I’m thinking about the many things I’m thankful for in my personal and professional life. I finally committed to…

The high-level trends in payment fraud are easy enough for industry professionals to surmise. Card fraud- both credit and debit- is on the rise, particularly in the fast-growing e-commerce channel.…

Credit unions took initiative this election to support the people and policies that will continue to back credit union growth. According to CUNA CEO and President, Jim Nussle, credit unions…

Few would dispute that Millennials caught many banks and credit unions flat-footed. But some financial marketers now think they learned their lesson, and that they are ready for Gen Z.…

CUNA strongly advocated against efforts to have the Office of the Comptroller of the Currency (OCC) recommend that the Community Reinvestment Act be expanded to apply to credit unions in…

The Federal Housing Finance Agency (FHFA) in its final rule decided to not adopt an outcome-based framework for the Federal Home Loan Banks' (FHLBs) affordable housing program (AHP), heeding a…

In my life I’ve been part of several mentorships. Whether I was the mentor or the mentee, I have found there are seven key requirements for success in these exchanges.…

Kam Wong pleaded guilty in U.S. District Court in Manhattan Monday to embezzling nearly $10 million from the $2.8 billion Municipal Credit Union where he was president/CEO. From 2013 through…

We recently announced the winners of our 31st annual Herb Wegner Memorial Awards. Not familiar with the Wegner Awards? Since 1989, the Foundation has presented the Herb Wegner Memorial Awards,…

“We’re a service organization, not a sales culture.” I’ve heard those words from a number of credit unions. Too bad they’re wrong. Ahh!! Put down the pitchforks and torches! Please,…

Homes for sale have been short of demand in recent years, as fewer people choose to move out of their homes. While this has had a detrimental effect on first-time…

As both 2018 and the 115th Congress wind down, CUNA will pursue several credit union priorities in the next few weeks. Congress will also work toward funding the federal government,…