Syndicated

Never burn a bridge with former girlfriends. It can jump start a career. I stayed friendly with my high school girlfriend Maryanne who married John Unangst the President of Franklin…

Good morning, Credit Union Compliance World! In a short space of time, your NAFCU Regulatory Compliance Team got pinged with a couple different versions of the same question – when…

Many who hear the expression “design thinking” mistakenly believe that it is all about aesthetics — something limited to “creative types” who specialize in graphic design. But that’s not the…

The decision to invest in new credit union technology is not made lightly. There are many factors involved, not the least to be considered are cost, compatibility, and anticipated gains…

CUNA President/CEO Jim Nussle said CUNA is pleased President Donald Trump addressed the need for regulatory relief in Tuesday’s State of the Union. Regulatory relief is a key pillar of…

NAFCU's Carrie Hunt, in a letter yesterday to the Senate Banking Committee, urged committee members to ensure credit unions' access to the secondary mortgage market in any housing finance reform…

In today’s rapidly changing world, predicting trends more than a few months into the future can be a daunting task. Yet a long-term perspective is exactly what is required for…

As if credit union did not have to enough to worry about now the Secret Service is warning financial institutions of robbers remotely commanding ATMs to spew out cash on…

The digital age, as it has with so many facets of daily life, has permanently altered how regular consumers use and view financial institutions. Consider that today’s consumer only walks…

Credit unions continue to see strong gains in auto lending, but tried-and-true tactics may need a tune-up in the year ahead. According to Bob Child, chief operating officer at CU…

Bloomberg news is highlighting two bills passed by Congress yesterday that I think are worth knowing about. First there is H.R. 1457. This bill would set a national standard for…

According to astudy from EY, investments in technology and innovation will have the potential to increase efficiency, manage evolving risks and meet consumer expectations that are required for sustainable success.…

As digitization has revolutionized financial services, new online and mobile tools have made financial advice and planning services more accessible to everyone. Now, advances in artificial intelligence (AI) promise to…

The House voted 397-8 Monday night to pass the CUNA-backed Making Online Banking Initiation Legal and Easy (MOBILE) Act of 2017 (H.R. 1457). The bill, introduced by Rep. Scott Tipton…

Ahead of President Donald Trump's State of the Union address tonight, NAFCU is calling for increased regulatory relief for the credit union industry. NAFCU is actively engaged with the administration…

Do you have a question about improving sales, employee performance or sales cultures? In our new column, Michael Neill, CSE, will take your questions and offer his best advice. Neill…

It won't be business as usual in 2018. Change is in the air in commercial banking, from new technologies and players to possible shifts in regulations and the tax code.…

Consumers ended 2017 by accelerating spending faster than their incomes, squeezing their savings rate to its lowest levels since the eve of the Great Recession. The U.S. Commerce Department reported…

Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections. At the core of both technologies is the cryptographically secure digital…

Bank of America has been phasing out its no-maintenance fee eBanking account for a while, but in January 2018 they finally decided enough was enough and pulled the final plug…

Fraud in 2018 will actually look a lot like fraud in 2017. These familiar fraud trends will include: Major data breaches Online phishing attacks & payment scams Non-chip enabled card…

In keeping with the tradition started last year, where we scored how well we did on the previous year’s predictions, here is a look at what we thought was going…

Credit Unions notched an important victory on Friday in their battle against ADA Website litigation. Although the decision is just binding for credit unions located in the Eastern District of…

In recent weeks, NAFCU has heard from multiple credit unions who have received letters from a firm alleging that the credit union's remote deposit capture function infringes on USAA's patents…