NAFCU Services News Archives

What cyberattacks are really costing your credit union

What cyberattacks are really costing your credit union

Credit unions have been spurred to accelerate their move toward digital platforms and services after coronavirus, making the member experience more seamless than ever. With the increased use of technology, however, comes the ever-present risk [...]

3 routes to create lift in payments vendor agreements

3 routes to create lift in payments vendor agreements

Credit union leaders nationwide have been tallying up costs, making revenue plans, and setting budgets amidst a pandemic and recent election. While you’re gearing up to right-size staff and shrinking liabilities in 2021, take [...]

Insurance and financial wellness in a medical crisis

Insurance and financial wellness in a medical crisis

The coronavirus pandemic made 2020 a challenge to say the least, but it also brought to light the increased need for educating consumers on financial wellness. In our last blog, we discussed how many consumers [...]

The 2 reasons members switch insurance

The 2 reasons members switch insurance

In any given year, most of your membership will need some combination of home and auto insurance—80% is typically seen as a logical estimate. That stat might create the impression that home and auto [...]

Payments trends in the age of coronavirus

Payments trends in the age of coronavirus

Payments and payment processes have been significantly affected by the coronavirus pandemic. The trends in spending and the payment methods used during these challenging economic times are both surprising in some respects yet familiar in [...]

Provide young adults with the loans they need

Provide young adults with the loans they need

COVID-19 will shape the economic prospects and behavior of Gen Z members for decades to come. Credit unions have an opportunity to help these young adults enter the finance world in an economy that is [...]