In order for a lending program to flourish, you need more than great loan products. Given the current climate, it’s more important than ever to grow your credit union’s lending portfolio. NAFCU’s [...]
The Bureau of Labor Statistics issued the September jobs report last Friday, which revealed that for the first time in 2021, payroll gains failed to hit the 200,000 mark. The report also showed that [...]
Senate leaders on Thursday reached an agreement on a measure that would extend the debt ceiling until December and the Senate cleared the measure last night. The House is expected to pass the measure next [...]
Although the hard numbers in any organization show success on paper, the one aspect of a business that most leaders find difficult to imitate is a healthy, efficient, and positive organizational culture. According to a [...]
Due to the ongoing pandemic, the credit union industry has seen unprecedented challenges this year. Despite the uncertainty surrounding economic recovery, NAFCU and its award winning staff have worked tirelessly to provide the industry with [...]
NAFCU Vice President of Legislative Affairs Brad Thaler sent a letter to leaders of the House Ways and Means Committee and Senate Finance Committee highlighting NAFCU’s continued opposition to including new IRS reporting requirements [...]
Today is National Coaches Day! Be sure to show some appreciation to all of the coaches in your life, whether that’s your kids’ lacrosse coach, your favorite football team’s coach, your personal trainer [...]
Show your up-and-coming leaders you value their continued success at your credit union. Have them attend the virtual version of NAFCU’s Management and Leadership Institute, October 18-22. This hybrid event enables your staff to [...]
NAFCU President and CEO Dan Berger Monday expressed concerns with the U.S. Postal Service's (USPS) check-cashing pilot program - which quietly launched Sept. 13 – and allows customers to use payroll or business checks to [...]
NAFCU President and CEO Dan Berger Friday/today published an op-ed in CU Times defending the credit union tax exemption status against bank lobbyists calling for its elimination. Berger’s piece breaks down the findings [...]
A few weeks ago, we blogged about enforcement actions involving storage service providers and student loans. The Department of Justice (DOJ) is not backing down from its fight to protect servicemembers and has issued two [...]
The Senate yesterday approved the nomination of Rohit Chopra as Director of the Consumer Financial Protection Bureau (CFPB); the nomination was cleared by a 50-48 vote. “NAFCU congratulates Rohit Chopra on his confirmation to serve [...]
In my last blog post, I discussed advertising requirements under TISA and exemptions for certain media. Today, I will be examining Regulation Z advertising requirements and exemptions for television and radio advertisements. Regulation Z, Section [...]
You’ve heard it before: empathy is an important leadership skill. From a soft approach, empathy helps build authentic relationships with people, increasing innovation and retention in any organization. On the other hand, Tracy Bower’[...]
Yesterday, the Consumer Financial Protection Bureau (CFPB) released its biennial report on the state of the credit card market for 2019-2020, which found overall declines in credit card debt and increases in digital engagement due [...]
