The Consumer Financial Protection Bureau (CFPB) issued aproposed ruleto establish a public registry of nonbanks’ terms and conditions in form contracts. The rule would not apply to credit unions. Nonbanks…
NAFCU President and CEO Dan Berger met with NCUA Chairman Todd Harper Wednesday at the agency’s headquarters in Alexandria, Va., to discuss credit union priorities, including several of NAFCU’s recent…
James Robert Lay, president ofDigital Growth Institute,Houston, Texas, believes in humanizing a credit union’s digital brand, which starts and ends with the user experience. Here are his 10 must-haves for…
Appreciation. Gratitude. Trust. This series has explored many topics that circle around the same subject: how to lead in a way that makes your business into the best it can…
Join Professor Todd Zywicki for a discussion of the history of the Durbin Amendment to the Dodd-Frank Act, which established the interchange price caps, the recent Credit Card Competition Act,…
The digital banking landscape is in a constant state of change. As we enter the new year, financial institutions (FIs) are preparing for a range of anticipated changes and trends…
Your home-buying experience should be an exciting time, yet the process ahead is not without its drawbacks and potential problems. For many home-buyers, failing to do enough research at the…
Despite making significant progress in digital banking transformation since the pandemic, the relative confidence of most banks and credit unions in their future readiness has decreased over the past year,…
CUNA Manager of State Outreach Tylik McMillan spoke at the White House at an event with Vice President Kamala Harris Tuesday. McMillan—who joined CUNA from the National Action Network, a…
NAFCU Senior Counsel for Research and Policy Andrew Morriswrote to the Federal ReserveTuesday to reiterate the association’s support for its proposal to publicly disclose which depository institutions have access to…
Leadership is a confidence- and a capability-building profession. For new leaders, in particular, setbacks are inevitable. They must bravely and persistently toil to get things right, and the answers aren’t…
There’s been a lot of concern about the economy lately, particularly regarding inflation, rising interest rates, layoffs, a potential recession — and thehousing market. The housing crash of 2008 left…
As financial institutions move into a new technology era, they realize that existing innovation cultures are broken. New fintech competitors are gaining market share while banks and credit unions are,…
In an era of consolidation among major financial institutions, credit unions and community lenders continue to provide their customers with the high-quality personalized service that can only be offered by…
Do any of your members take the 405 to Santa Monica and then, when they see the Jack in the Box, take a left onto Lincoln in order to get…
Re-define marketing. I’ve written and spoken aboutredefining credit union marketing on this blogand with my team a lot over the last six months. As a company turning 15 years old…
CUNAsupportsthe Federal Reserve Board’s proposal to publish a list of institutions with access to accounts and services through the Reserve Banks and asks it to include additional information. “CUNA strongly…
NAFCU Senior Vice President of Government Affairs Greg Mesack Friday met with NCUA Office of National Examination and Supervision (ONES) Director Scott Hunt to share credit union priorities. NAFCU Vice…
For centuries, credit unions have forged relationships by establishing a physical presence in a community. Successful organizations grew by adding branches—in town squares, on busy thoroughfares and suburban developments. With…
In an announcement from Patrick McHenry (R-NC), the Chairman of the House Financial Services Committee, a new chairman for the newly renamed Subcommittee on Financial Institutions and Monetary Policy was…
It’s a historical fact – great speakers change people’s hearts and minds. Just look at Dr. Martin Luther King Jr.’s “I Have a Dream” speech. Even watching the speech today…
Women of color face unique challenges in the workplace, with their careers often hinging on those who are lacking in diversity training. InInclusive Sponsorship: A Bold Vision To Advance Women…
From lingering pandemic-era supply chain issues, rising inflation, and ongoing Fed rate increases, to the war in Ukraine, tech company layoffs, and a volatile stock market, 2022 was a year…
With the end of 2022 behind us, financial institutions are making predictions about economic conditions as they prepare their financial statement estimates for their annual reports. The CECL reserve is…