Syndicated

With major changes in the global economic landscape and banks scaling back on lending, credit unions have an opportunity to step in to fulfill member needs for affordable credit. In…

Guaranteed Asset Protection (GAP) is attractive to members as a vehicle protection product. But what happens after the product is sold? Credit unions are grappling with the growing legislation around…

Vice President Kamala Harris and Treasury Secretary Janet Yellen, along with House Financial Services Committee Chairwoman Maxine Waters, D-Calif., and Senator Mark Warner, D-Va., on Wednesday announced that the Biden-Harris…

What better way to convey the value of theCUES Emergeleadership program and its predecessor program, the Next Top Credit Union Executive, than to ask the participants themselves? CUES, together with…

When people think of cybersecurity, they typically think about technology and data. They should also be thinking about human behavior, according toFortalice Solutions CEO Theresa Payton, who starred in the…

Just as the financial industry is feeling a collective case of whiplash - we arrive in budget season. It’s been a while since the industry has been on such a…

Does anyone know where all our workers have gone? This is the latest million-dollar or should I say billion-dollar question.I sure would like to know, as would most every business…

TheEmergency Economic Stabilization Actof 2008 was a watershed moment for credit unions. The overreach of banks had been exposed, and EESA put regulation in place to prevent it from ever…

In the current economic environment, finding an affordable home has become out of reach for many potential buyers. What if a realistic option was to co-own a home or property…

The Federal Reserve just raised interest rates by 0.75% and plans to keep doing so until it is satisfied that inflation is under control, according to CNBC. What you should…

CUNASenior Economist Dawit Kebedeissued the following statement following the Federal Reserve meeting today: “The Federal Reserve raised interest rates by 75 basis points as expected, increasing the target rate between…

NAFCU President and CEO Dan Berger Tuesdaysent a letterto the House, voicing major opposition to the recently introducedHouse version of the Credit Card Competition Act of 2022(CCCA). Berger explained why…

Do you ever play video games? Yeah, me neither. I’ve never really been good at them, but when I have played them, it’s been a nice distraction. The best part…

Recent information security (IS) statistics tell a scary story: The U.S. cybersecurity workforce has a shortage of 377,000 people, 57% of U.S. companies have a cybersecurity skills shortage, and the…

NAFCU’s compliance team has received several inquiries into Regulation Z’s limitations on increasing annual percentage rates, fees, and charges. We wanted to take the time to provide a brief overview…

Your Marketing Co. recently partnered with Helixa to help better understand our credit union marketing clients’ ideal members. Rather than hopeful guessing, we’re using the Helixa platform to help connect…

The short answer: you should have a marketing budget. Now let’s talk about the long answer. Credit unions and community banks are often stretched too thin to devote the proper…

Fighting sophisticated financial crimes in a pandemic era while having to comply with ever-changing regulations raises challenges for today’s financial services organizations. Time and resources are often spent in areas…

The NCUA will resume onsite examination and supervision on Oct. 17, taking the next steps in reopening, following the pandemic-related shutdown. In announcing the move, NCUA officials said that given…

Federally insured credit unions experienced continued growth in assets, shares and deposits, and loans outstanding over the year ending in the second quarter of 2022, according to the latestQuarterly U.S.…

On Monday, Representatives Peter Welch, D-Vt., and Lance Gooden, R-Texas, introduced the House companion to the Credit Card Competition Act of 2022 (CCCA), which was introduced in lateJulybySenators Dick Durbin,…

If you’re concerned about the impact student loans will have on your financial future, you’re far from alone. And while your primary focus may be on creating a plan to…

Any new employee’s security education starts on their first day. Every organization wants their employees to be knowledgeable about a wide range of topics after training, so setting the tone…

In 2021, the National Credit Union Foundation launched theKnow Your Membershipgrant program: an opportunity for seven small credit unions to better identify, understand and serve their diverse membership. An earlier…