HELOC 2.0 – Q&A with Wolters Kluwer
1. Home equity seems to be one of the few bright spots in the mortgage world this year: what’s driving its popularity, and what does this mean for credit unions? Last year was a “[...]
NAFCU Services News Archives
How credit unions remain essential through connected member experience: A conversation with Cal Coast
Credit unions are facing significant pressure from competitors and evolving member expectations, but they are also ideally positioned to support members and deepen relationships during uncertain economic times. I recently spoke with Greg Cornell, Executive [...]
How credit unions can grow membership amidst liquidity challenges
It’s no secret that more and more credit unions are facing liquidity challenges – many are loaned out with more low yield, longer-term assets on the balance sheet than they might want during a period [...]
Holiday fraud prevention shopping list
Transaction fraud continues to be a top risk for financial institutions across the country. We are back with our fraud expert and Allied Solutions Vice President of Risk Consulting, Ann Davidson. In today’s episode, [...]
10 takeaways on the White House framework for digital assets
We’re beginning to receive clarity from the White House regarding its approach to digital assets, including the potential development of a Central Bank Digital Currency (CBDC). With the release of a wide-ranging report, the [...]
Risk assessment: From burden to benefit
Risk assessments. Tedious, compulsory, and painful. Just some of the words used to describe a process that is critical to your institution’s cybersecurity and compliance efforts. Yes, the risk assessment process can be daunting, [...]
Expanding credit access compliantly with AI
In the latest episode of Leaders in Lending, Upstart’s Chief Compliance Officer, Annie Delgado, had some unconventional advice: “Don’t cut off both ends of the roast.” The saying relates to a child asking [...]
Closing the gap on life insurance purchases
Life insurance can play a vital role in your members' financial well-being but often there is a growing gap between the life insurance a member needs and the life insurance they own. What can you [...]
Transaction risk and fraud
Transaction fraud continues to be a top risk for financial institutions across the country. We are back with our fraud expert and Allied Solutions Vice President of Risk Consulting, Ann Davidson. In today’s episode, [...]
Supercharge your member experience with data strategy
In the summer of 1921, a young J. Willard Marriott visited Washington, D.C., and was amazed at the crowds. He was particularly interested in how pushcart peddlers would come along selling lemonade, soda pops, [...]
Mind the gap: Understanding UDAAP guidelines (Part 2)
In part one of this blog series, we discuss how auto loans are increasingly being paid off early and how this is impacting GAP (Guaranteed Asset Protection) waivers. Increasing voluntary protection product regulation places the [...]
Credit unions to the rescue: How to help your members survive the cost-of-living crisis (Part 2)
With soaring inflation at the forefront of the cost-of-living crisis for many, credit unions are positioned to rise to the challenge of time by providing tailored solutions for their members. In part two of the [...]
Recapturing and retaining your wandering depositor base
In this episode, we are going to be looking at the ins and outs of recapturing and retaining that ever-growing depositor base from the changing banking landscape to anticipating member needs, and relevant product offerings. [...]
Credit unions to the rescue: How to help your members survive the cost-of-living crisis (Part 1)
Rising prices and persistent inflation have, for many households, become a full-fledged cost-of-living crisis. A recent survey, however, found that many financial institutions are not rising to the occasion to support customers in a meaningful [...]
Spousal beneficiary options just got (a bit) more complicated under proposed RMD regulations
The IRS has always treated IRA (and qualified plan) spouse beneficiaries quite generously. But the new RMD rules may make executing certain options more complicated. These two spouse beneficiary changes have drawn the most attention: [...]