Syndicated

Charles V. Stanley Jr., 65, of Agua Dulce, Calif., will spend the next six years of his life in a federal prison for a multimillion-debt fraud scheme that victimized eight…

Paper-based processes, labor-intensive procedures, poor accuracy and sluggish performance. These are the main factors that contribute to the sky-high operational costs and low borrower retention rates in the mortgage servicing…

The word “meeting” might as well be a four-letter word. Come on… admit it. If you’re like us, you’ve at least uttered a four-letter word (or two, three or four)…

Some days it is hard to catch a break from the never-ending deluge of new threats and vulnerabilities. Let me be clear: it is not just the infamous cyber-threats that…

Patelco Credit Union($6.9B, Pleasanton, CA) is a year into its new digital presence, built around helping members map their credit union journey by matching financial products to financial wellness. The…

Several pieces of legislation will be on the House floor this week, and a number of hearings will cover matters of interest to credit unions. Among other bills, the House…

NAFCU Chief Economist and Vice President of Research Curt Long noted that Friday's jobs report – with 224,000 jobs gained in June – reveals moderate economic growth, specifically in labor…

Credit unions and their employees face intensifying challenges. With increasing fiduciary risk, market volatility and employee retirement unpreparedness, the need for a 401(k) solution that can provide the due diligence,…

Florida’s Attorney General said skimming and spoofing scams are on the rise in the state, and that could make it trickier for credit unions and other financial institutions to get…

Fears of an Amazon "invasion" in financial services have reached a fever pitch. One Financial Brand article reported that banks and credit unions are "bracing for the Amazon doomsday." Does…

The cooperative financial services industry counted 5,492 credit unions among its ranks as of Dec. 31, 2018. Versus one year prior, that’s 197 fewer institutions, 194 of which were merged…

Late last month, the U.S. Department of Justice (DOJ) U.S. Attorney’s Office of the Eastern District of New York announcedeleven defendants had been charged with defrauding banks to the tune…

Digital disruption of financial services has been debated in articles, podcasts and studies for years. Conference planners have crammed agendas with the theme. Yet many community banks and credit unions…

CUNA’s Monthly Credit Union Estimates for May 2019 shows a continuation of slowing loan and membership growth: credit union memberships increased just 0.31%, the slowest May increase since 2014. Moreover,…

As credit unions seek answers to an unclear rule or further clarification on a regulation, NAFCU's Brandy Bruyere compiles a quick guide to navigate the Federal Register in a post…

I’m a past chapter president for a well-known international women’s organization, The Links, Incorporated.Before I took office, I had a vision to ensure that we were a diverse group of…

But setting proper financial priorities can feel overwhelming when you have so many things competing for your time and attention. However, don’t let this one slip to the sidelines. Here…

Much has been written about the how millennials today are slower to marry and buy homes than young people of the same age in previous generations, but they are not…

Are you good at making decisions? Given how many we make throughout the day, I bet most of us believe that we are. But our process for those "important" decisions…

Cyber attacks and data breaches have become a recurring trend in today’s society, and the most valuable currency is customer data. In the business world of sensitive customer records and…

Field of membership (FOM) is constantly one of the topics NAFCU’s compliance team is asked about. These questions run the gamut from helping credit unions understand the language in their…

When it comes to your credit union’s technology, by now you’ve realized how important it is to be forward thinking and position yourself to take advantage of any new technology…

The cooperative business model is a tool for economic success and self-determination, the National Cooperative Business Association (NCBA) CLUSA wrote in an open letter to all Republican and Democratic candidates…

Credit unions have two weeks left to save 40 percent off webinars covering popular lending topics such as accepting and soliciting online loan applications, mitigating fair lending risks and adverse…