
Syndicated

NCUA: Cyberattacks against credit unions, service providers trending upward
NCUA has observed a rise in cyberattacks against credit unions, credit union service organizations (CUSOs), and other third-party vendors supplying financial services products. These attacks include incidents directly related to…
July auto sales demonstrate continued growth
Total vehicle sales increased 100,000 annualized units in July and monthly sales levels were up 22.6 percent year over year.NAFCU Economist Noah Yosif analyzed the data in a newMacro Data…
The art of pricing: Growing loans and deposits by optimizing rates
Does your bank or credit union have a tried-and-true formula for pricing that it has used for years? Does it rely on basic inputs like loan-to-value and debt-to-income ratios? It…
Efficiently grow with predictive artificial intelligence engagement modeling
In an industry first, Alkami is now leveraging artificial intelligence (AI) predictive modeling to help financial institutions identify highly engaged account holders, offer them products and services most likely to…
Credit unions must level up with Gen Z
The numbers have come out, and Gen Z is still available for the taking. With just four percent of our youngest generation registering as members of a credit union, the…
3 tips to get the most out of your credit union strategic plan
As we enter the time when we start looking ahead to the next year, your credit union strategic plan might be complete, or you plan to work on it very…
Buy HR tech in haste and you may suffer remorse
Streaming. Same-day delivery. Information at our fingertips. Technology has made instant or fast gratification a fixture of modern life. We expect to get what we want when we want it,…
Top 3 risks of skipping succession planning
All CEOs will inevitably leave their roles. As experienced professionals approach retirement age and a tight labor market persists, executive succession plans are becoming more important than ever to ensure…
AI sharpens focus on member needs
Deploying technology to meet members’ needs these days—wherever they are in their financial services journey—increasingly means leaning into artificial intelligence and predictive analytics. But taking the AI bull by the…
WATCH: 2023 Credit Union Hero of the Year
Amanda Merz has deep ties to the nonprofit community in the Sacramento, Calif., area, and these relationships provide deep insights into community needs. Merz is community impact manager at $4.6…
5 spending predictions for fall
As the days become shorter and record-high summer temperatures finally begin to cool down, young students and their families naturally begin thinking about the return to school and college. Fortunately,…
Money tips for college students
Hello, college, hello, money worries! College life brings a sense of independence that extends to personal finances. Being in charge of your own money can seem like an impossible challenge,…
Financial education, literacy, or wellness – oh my!
In credit unions, Financial Education, Financial Literacy, and Financial Wellness are seemingly interchangeable, but each has a distinct meaning and purpose. What does your credit union want to become in…
CUNA, NAFCU notify members of intent to merge
CUNA President and CEO Jim Nussle and NAFCU President and CEO Dan Berger Tuesday notified members of both organizations that the associations have signed a Letter of Intent (LOI) to…
Joint letter supporting Senate Amendment 206 to 2024 NDAA
DCUC, CUNA, and NAFCU sent ajoint trades letterto Senator Patty Murray (D-WA) expressing our support of theSenate Amendment 206to the 2024 NDAA. This amendment would help to remove many current…
Fed survey: Banks report tightened lending standards in Q2
The Federal Reserve’s Julysenior loan officer opinion survey(SLOOS) on bank lending practices examined changes in the standards and terms on demand for bank loans to businesses and households generally corresponding…
Why and how to put a solid succession plan in place now
Having a comprehensive succession plan can help credit unions achieve their goals, mitigate leadership transition risk, maintain cultural continuity and instill confidence in the organization. Recognizing the many and significant…
Maryland credit unions meet with Rep. Mfume
MECU Credit Union and the MD|DC Credit Union Association recently held a roundtable discussion with Rep. Kweisi Mfume, D-Md., who represents Maryland's 7th congressional district. Following the meeting, Mfume took…
Mastercard moves to ban cannabis purchases on its debit cards
Mastercard(MA.N)has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United…
How to turn your website into a personalization treasure trove
Did you know a website visitor using Edge, Microsoft’s browser, is eight times more likely to convert on a CD than someone on Firefox? Or, that Firefox visitors are 10…
Top use cases for electronic records management
While the feature set of a records management system can be robust, it’s not always easy to identify where and how to use the tools effectively. Below are a few…
Embracing disloyalty: Are consumers rewriting rewards programs?
With the resurgence of travel and consumers increasingly relying on credit to pursue their experiences, one might assume that brand loyalty would become more straightforward. However, even during times of…
Compliance expert certification: More than just ‘knowing’
In the credit union world, many individuals understand the rudimentary aspects of compliance. However, being certified in compliance is a different ballgame. Why? Because "knowing" and "certified" are two different…