Syndicated

The houses of more than 10 employees and members of one credit union have been damaged or destroyed this month due to a substantial increase in shelling by the Russian…

Next Tuesday, both the Senate and House will be up for grabs during the 2022 midterm elections. NAFCU continues to advocate for credit unions to ensure they have the proper…

There’s nothing better than feeling good inside and out. When we do, we are energized, strong and motivated. We get stuff done, and we feel proud of our accomplishments at…

Executives at banks and credit unions are worried about how they’ll compensate for a potentially significant loss of interchange fee revenue if a bill proposed by Sen. Dick Durbin, D-Ill.,…

The leaders of most organizations that I’ve worked with in my career don’t really know what they need from their talent. They might know what tasks need to be accomplished…

I hope everyone has a Halloween filled with more treats than tricks! Speaking of tricks, what happens when a credit union receives a check that has double the forgery? For…

The number of Americans who were “unbanked” in 2021 fell to a record low—partially because they needed to do something with the pandemic-related assistance they received, the FDIC said ina…

The future is digital. Whatever doubts surrounded this statement vanished with the pandemic. The pandemic has forced consumers to consider numerous steps to ensure their safety, and this has contributed…

The ORNL Federal Credit Union (ORNL FCU) Board of Directors approved a $5 million special dividend in September to be shared across the membership, and it was issued to members…

The Commerce Department released its advanced estimate of economic activity Thursday, revealing the U.S. economygrew 2.6 percent–in terms of real Gross Domestic Product (GDP) – in the third quarter. NAFCU…

The competitive landscape in financial services continues to evolve as technology and consumer demands change and advance. There are more options than ever. Retaining and attracting members is getting more…

We’re a week and a half away from this year’s mid-term elections, and CUNA, Leagues, and credit unions have invested in making sure the 118th Congress is a credit union-friendly…

When President/CEO Martin Carter came toAstera Credit Unionin Lansing, Michigan, he had a big job on his hands. The community had never fully recovered from losing three of the city’s…

Game-changing ideas don't come along very often. But when they do, organizations need to develop them fast or risk missing out on the opportunity they present. But, very often, fintechs…

Collecting on delinquent accounts is a time-consuming challenge for many financial institutions. The tasks involved are often tedious for internal employees using manual (vs. automated) processes and can lead to…

There is absolutely nothing unique or unconstitutional about the way the CFPB is funded, the agency told a federal court this week. In documents filed in the U.S. District Court…

One of the most defining attributes of a strong leader is courage. And inspiring our teams to be courageous and take calculated risks can be one of the best leadership…

The Consumer Financial Protection Bureau (CFPB) issuedguidanceon “junk fees” this week that raise several concerns over the treatment of financial institution fees. The CFPB states overdraft and depositor fees likely…

New home sales fell 10.9 percent in September to 603,000 annualized units. Sales in August were revised down 8,000 units. Compared to last year, September sales were down 17.6 percent.…

CUNA Senior Economist Dawit Kebede covered housing market trends and more on the economy in CUNA’s latestEconomic Update. “By conservative estimates we need 1.72 million homes per year for the…

Innovation is not just about adoption of technology, it’s also a change in mindset. Especially for some traditional banks that have been operating for over a decade, this mindset shift…

With inflation leading to increased costs of living, such as housing, groceries, and other daily expenses, there is an essential need to ensure our military members are receiving the best…

Employee turnover is one of the most serious threats facing credit unions today. There is an undeniable link between employee engagement and employee retention. Engaged employees are retained employees. On…

President Biden announced on Wednesday a government-wide crackdown on “junk fees,” including new efforts by the CFPB to eliminate bank charges that catch consumers by surprise. “These so called ‘junk…