NCUA is designating June as Minority Depository Institution Awareness Month to enhance the public’s understanding of the vital work minority depository institution credit unions perform in underserved communities nationwide. “Service,…
On a new episode of the SEE YOU LEAD podcast, NAFCU President and CEO Dan Berger joined host Glynn Frechette to talk fintechs, credit union involvement in communities and charities,…
The CUES TalentNEXT conference, designed to help the industry’s senior HR, training and talent development leaders realize a strong, future-focused people strategy, is returning for its second year Sept. 10-12,…
Cyber threats - ever-present, always evolving - the worry that keeps credit union executives up at night. As we navigate the innovation of technology, threat actors are poised and waiting…
With so many credit unions experiencing significant loan growth combined with deposit outflow in 2022, there has been little need to purchase investments. For many, simply managing adequate liquidity levels…
With the rise of ransomware attacks, it is more important than ever to be proactive when it comes to protecting your organization’s devices and networks. Knowing about the various types…
Summer’s here, and vacation season has begun. Taking time away is vital, I believe, to being effective in your job. Plenty of studies show that after a certain amount of…
When it comes to a core conversion, as with any complex change management event, your FI faces numerous challenges. Our many credit union partners have successfully navigated the complex conversion…
An unpredictable stock market and rising interest rates have led toa record drop in depositsat small financial institutions. This general sense of consumer apprehension led The Wall Street Journal to…
Congress is expected to vote this week on the debt ceiling deal reached over the weekend thatwould suspend the debt ceilinguntil Jan. 1, 2025. The House is expected to vote…
NAFCU Regulatory Affairs Counsel Dale Baker Tuesdayoffered the association’s supportfor the NCUA’s proposed rule to reform several of the agency’s field of membership requirements (FOM) and definitions, but made some…
Building and maintaining trust among the communities they serve is a core principle on which most credit unions have built their organizations. But trust is one of the most hard-earned…
The editorial team ofCredit Union Magazineis nowaccepting nominationsfor the 11th annual class of Credit Union Rock Stars. Credit Union Rock Stars are credit union professionals and volunteers who leverage their…
Not a day has gone by this year, it seems, without a new headline about OpenAI’s ChatGPT or its equivalents. The world has been enthralled by stories about the novel…
65% of people in Gen Z use voice notes for conversations. How does this impact credit unions wanting to reach this audience? Tune in to today’s episode when Jami Jennings,…
On May 25th, the NCUA Board approved a NAFCU-soughtproposed ruleto amend NCUA’s regulation on charitable donation accounts (CDAs) to allow donations to501(c)(19) veterans’ organizations. Currently, the rule only permits donations…
Following recent bank failures, there has been a shift in the nature of risks in the banking world — the federal government playing a significant role in stabilizing. These experiences…
Most credit union employees are familiar with the cooperative principles, including Principle #6: Cooperation Among Cooperatives. Yet it seems this principle has yet to be fully realized within the credit…
Credit union lenders must be an active part of advocacy, CUNA Senior Director of Advocacy and Counsel Elizabeth Sullivan told the American Credit Union Mortgage Association’sOnPoint podcast. She stressed the…
The House and Senate were both scheduled to be in recess this week, but lawmakers are expected to return to Washington to vote on legislation to avert a debt ceiling…
From high interest rates to liquidity challenges, the financial services sector is facing its fair share ofindustry headwindsthis year—and credit unions are no exception. The good news? Despite an economic…
Before long, remote work won’t exist. It will simply be “work.” “Virtual-first work,” as remote work expert Laurel Ferrar calls it, will become so normalized that it won’t even require…
Moving forward is important, and it’s something every credit union wants to do. But it’s easy to get progress-obsessed…always looking at the next big demographic, the next campaign, the next…
Often high-performing individual contributors are thanked through promotion to a management role—for which they’ve been given no training in how to succeed! Many times, new managers are not offered training…