Fraud sends former CU manager to prison for 30 months
A former branch manager and loan officer was sentenced to two and half years in federal prison Tuesday by a U.S. District Court judge in Dothan, Ala. Federal Judge Myron…
A former branch manager and loan officer was sentenced to two and half years in federal prison Tuesday by a U.S. District Court judge in Dothan, Ala. Federal Judge Myron…
Branch operations and their relationship to the future of banking are a growing concern among financial services providers. Given the expense of operating a physical location coupled with the growing…
Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. 15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which…
First-time homebuyers comprise about a third of the market, indicative of a continued desire among Americans to own a home. However, rising home prices and higher rates have impacted the…
To the people inside your credit union, everything feels familiar. They know the lingo. They’re used to the routines. They are in their comfort zone, and they like it. So,…
Since 2014, first-time homebuyers have been a crucial part of the housing market. In fact, we discovered that this segment has grown by over 40% since 2014. Still, more than…
More than half (52%) of credit union CEOs are female, according to CUNA research, compared with only 5% of commercial bank and 6% of Fortune 500 CEOs. This is according…
In addition to meeting with lawmakers on Capitol Hill, NAFCU's award-winning advocacy team regularly meets with key regulators and administration officials, and attends events covering critical issues affecting credit unions.…
Certainly you’ve seen them; probably you’ve visited many yourself: little establishments with the sole purpose of selling coffee in a welcoming environment. Sometimes they sell alcohol, sometimes they sell pastries,…
Credit Union Magazine is celebrating the credit union movement's heroes—and you can be part of the nomination process. CUNA’s monthly magazine is seeking candidates for its 12th annual Credit Union…
A coalition of payments industry organizations, banks and one credit union have formed a new organization aimed at helping create a secure payments system with near-immediate funds availability. The organization,…
Millions of Chase customers in the U.S.will soon be able to speed through checkoutwith a tap of a contactless Visa card. While contactless payment technology has beenwidely used in places…
Digitally connected people expect their days to go something like this: Put on an outfit handpicked by Stitch Fix based on preferences, body type and budget. Order a few household…
Branding your credit union or bank does not work without your employees. No matter what you say your brand vision is, if your employees don’t live it every single day…
Greetings Compliance Friends! FollowingNCUA’s final ruleon voluntary mergers earlier this year (covered in a previous NAFCU Blog), the NAFCU Compliance Team has received a number of merger-related questions on a…
Are your customers engaged? It’s a question many in the financial industry are asking themselves lately. In the age of fintech disruption, it’s more important than ever for financial institutions…
Registration is still open for Wednesday’s free webinar on CUNA’s Awareness Initiative, the second hosted in a series of three hosted by CUNA. The first in the series covered the…
NAFCU President and CEO Dan Berger today will be on-site helping Habitat for Humanity of Northern Virginia (NOVA) build a home for a wounded veteran and his family and raise…
John Cassidy, president/CEO of the $982 million Sierra Central Credit Union, called it nothing short of a miracle that its branch was not burned to the ground in Paradise, Calif.,…
A credit union’s income is largely driven by its loan portfolio, and there is a unique opportunity for even greater loan growth available to institutions willing to go the extra…
If you’re a typical bank or credit union, you’re facing more competition than you’ve ever seen before. However, because the industry is enjoying some of the most profitable years in…
How credit union service organizations structure and seek funding begins with the type of relationship they intend to form with their client owners and investors, says Guy Messick, partner withMessick…
The time has come again—time to launch that new promotion. You’ve put on your best creative hat, scheduled the meetings, and now hope the brainstorming sessions yield some unique ideas.…
A year-old debit swipe and savings plan at Community First Credit Union of Florida($1.6B, Jacksonville, FL) offers financial wellness for members and additional income for its own bottom line. The…