Bringing out the best in people
If you look back to a great boss, coach, or teacher from your past, you recognize a common pattern. All of these leaders constantly pushed you to work harder and become the best version of [...]
NAFCU News Archives
NAFCU celebrates 55 years serving the CU industry
NAFCU President and CEO Dan Berger celebrated NAFCU’s 55th anniversary this year in a message sent to members Thursday. Berger reflected on all that NAFCU and the credit union industry has achieved together and [...]
NAFCU, trades write to CFPB regarding credit card terms collection
NAFCU joined several trades on a letter to the CFPB on Monday regarding the bureau’s request for comment on the Paperwork Reduction Act as it relates to the collection of credit card terms. The [...]
The CUPP | Episode 5: Discussing a sticky issue – Marijuana banking and the SAFE Banking Act with Representative Perlmutter
Special guest Representative Ed Perlmutter (D-CO) discusses his work on the SAFE Banking Act and the importance of federal clarity for marijuana banking. Rep. Perlmutter also reflects on the role of grassroots advocacy and his [...]
Vehicle sales dip in August
Total vehicle sales fell slightly from 13.3 million annualized units in July to 13.2 million annualized units in August, with monthly sales levels up 0.7 percent year-over-year. NAFCU Chief Economist and Vice [...]
August jobs report reveals strong labor force participation
The Bureau of Labor Statistics issued the August Jobs Report on Friday, which revealed that the unemployment rate rose slightly to 3.7 percent in August. NAFCU Chief Economist and Vice President of Research Curt [...]
NAFCU, 140 organizations oppose the Credit Card Competition Act
The Electronics Payment Coalition (EPC) recently released a list of more than 140 organizations that oppose the Credit Card Competition Act, which was introduced in July by Senators Dick Durbin, D. Ill., and Roger Marshall, [...]
Putting people first
When asked if there really is a difference when comparing credit unions to other financial institutions, Gary A. Grinnell, president, and CEO of Corning Credit Union (CCU) and newly elected chair of the NAFCU Board [...]
The most important skill that leaders should master
As leaders, we are taught to have many distinct skills when managing a group of people. These general traits include dependability, decisiveness, integrity, and more. You’ve heard them all, but you may not have [...]
NAFCU, CUs meet with Atlanta Fed
NAFCU's Chief Economist and Vice President of Research Curt Long, Senior Vice President of Government Affairs Greg Mesack, and Senior Counsel for Policy and Research Andrew Morris joined several NAFCU member credit unions Wednesday for [...]
The CUPP | Episode 4: All things appraisals with Freddie Mac’s Scott Reuter
Explore Freddie Mac’s initiatives related to appraisal modernization and eliminating appraisal bias during this in-depth discussion with Scott Reuter, Chief Appraiser and Director of Valuation, Single Family, Mortgage Credit Risk Management, at Freddie Mac. [...]
Hear from Rep. Luetkemeyer at NAFCU Congressional Caucus
Representative Blaine Luetkemeyer, R-Mo., has joined the lineup of lawmakers set to address credit unions during NAFCU’s Congressional Caucus, happening September 11-14 in Washington, D.C. Luetkemeyer serves as Ranking Member of the House [...]
NAFCU cautions Fed to be aware of impacts, regulations in LIBOR Act implementation
NAFCU Regulatory Affairs Counsel James Akin wrote to the Federal Reserve on Monday to offer support for implementation of the Adjustable Interest Rate (LIBOR Act), while noting that the Fed must be aware of “the [...]
Board of directors and reasonable health insurance
NCUA is somewhat ambiguous of what it considers reasonable health insurance and has addressed this issue on a case-by-case basis. Along the way, NCUA has issued several NCUA Legal Opinion Letters that may provide some [...]
Powell reiterates vow to fight inflation during annual symposium
Last week, the Federal Reserve Bank of Kansas City hosted its 2022 Economic Policy Symposium, “Reassessing Constraints on the Economy and Policy,” in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell vowed to fight against [...]