News Archives

Powell talks faster payments with Senate panel

Powell talks faster payments with Senate panel

Federal Reserve Chairman Jerome Powell – during testimony Thursday before the Senate Banking Committee – answered questions about the development of a real-time payments system. NAFCU has worked to ensure credit unions' perspective on a safer, faster [...]

Getting to know Facebook’s cryptocurrency, Libra

Getting to know Facebook’s cryptocurrency, Libra

Facebook recently released the details of the 2020 launch of its Libra cryptocurrency. The news sent ripples across all industries, but no sector felt the shockwaves more than financial services. For years, we have been [...]

An opportunity in CUs’ sweet spot

An opportunity in CUs’ sweet spot

The mortgage market has moved right into credit unions’ sweet spot, according to one expert, who adds that if CUs are to capitalize on the shift they must begin offering new solutions. To do just [...]

Why leaders shouldn’t focus solely on results

Why leaders shouldn’t focus solely on results

The title of this blog post might seem a little counterintuitive. After all, it is our duty as leaders to ensure our organizations and companies are working toward their mission and ultimately achieving results. We [...]

What’s happening in digital banking?

What’s happening in digital banking?

A few weeks ago, Alogent joined the ranks of some of the most influential in digital banking at American Banker’s Digital Banking conference in Austin, TX. The annual event grows each year, and 2019 [...]

May I disclose in Times New Roman, 12-point font?

May I disclose in Times New Roman, 12-point font?

Happy Friday, compliance friends! As we are all painfully aware, there are many regulations that mandate specific disclosure requirements (disclosures are our favorite, right?). Among these regulations are NCUA’s advertising rule, Truth in Savings, [...]

Voice device growth too large to ignore by banking

Voice device growth too large to ignore by banking

Voice devices have become a mainstream utility in most homes, with voice-first engagement becoming more commonplace across technologies. According to the Smart Audio Report from NPR and Edison Research, 21% of Americans now own a [...]

CUNA backs appraisal, diversity bills prior to markup

CUNA backs appraisal, diversity bills prior to markup

CUNA supported two bills marked up Thursday by the House Financial Services Committee, the Homebuyer Assistance Act of 2019 (H.R. 2852) and the Ensuring Diverse Leadership Act of 2019 (H.R. 281). H.R. [...]

New marijuana banking brief available

New marijuana banking brief available

A new version of NAFCU's marijuana banking issue brief is now available online, providing credit unions with comprehensive updates on federal legislative efforts and state-level marijuana laws. The brief provides information on the political and [...]

CFO Focus: Don’t sit back, lean into ALM strategy

CFO Focus: Don’t sit back, lean into ALM strategy

Some credit unions likely breathed a sigh of relief when the upward climb of market rates stalled. Deposit pressures were building, and the cost of funds seemed positioned for a sharp increase. But with almost [...]

PODCAST: Spreading the credit union gospel

PODCAST: Spreading the credit union gospel

In 2004, leaders of New Light Christian Church in Houston asked Harlene Johnson, a former banker who'd recently moved to the city from Louisiana, to lead the formation of a faith-based credit union. She proved [...]