It’s easy to assume the roles and responsibilities of executive management from a traditional perspective. We know that solid mobilization of an entire organization depends on the vision and strategy…
Clientsconstantly ask us 'what is a good social media ads budget each month?' Now this is a tricky question, as some peoplemight tell you to spend as much as possible!…
In a dog-eat-dog world, everyone is out for themselves. Community banks, credit unions and fintechs all seem to be fighting against megabanks dominance. But what if there was another way?…
For those who cannot attend the 2019 CUNA Governmental Affairs Conference, CUNA will live stream President/CEO Jim Nussle’s speech on Monday, March 11. The event will be streamed live on…
A new report from the CFPB examines servicemembers' first-time homebuying trends, "focusing on how their home loan choices have evolved from 2006 to 2016." Of note, 78 percent of servicemembers'…
Credit union boards of directors are feeling the pressure of increased regulatory demands, an evolving risk environment, and a transforming competitive landscape. Member scrutiny is at an all-time high as…
The nation’s community bankers on Monday renewed their call for Congress to re-examine the credit union tax exemption in an effort to “promote a level playing field” for financial institutions.…
Here at CUES we are celebrating the first anniversary of our digital publication, Advancing Women. Last year we published four issues and covered topics ranging from pay inequality, the importance…
Is your institution prepared for a world where you can use your customer’s digital identity and relationship insights to build products, services and communication based on every aspect of their…
A decade ago, Firefly Federal Credit Union ($1.3B, Burnsville, MN) struggled with what to say when it fielded applications from prospective members with poor credit. “If we couldn’t give someone…
Tax season is in full swing, and while credit unions are gearing up to process tax return payments, the NAFCU Compliance team has received a number of questions on what…
On Feb. 26 the U.S. District Court for the Western District of Pennsylvania granted preliminary approval of a proposed settlement in First Choice Federal Credit Union v. The Wendy's Company,…
The U.S. economy grew 2.6 percent in the fourth quarter of 2018, according to the Commerce Department'sfirst estimate. While growth slowed, it "came in firmer than expected," noted NAFCU Chief…
If your credit union is looking to improve its leadership development programs or create an organization-wide succession plan, one place to start is with a young professionals group. “YP” groups,…
Deborah N. Peters, who took over a Pennsylvania credit union that had been victimized by internal fraud, was banned Thursday by the NCUA. Peters became the president/CEO of the Wilkes-Barre…
Amid Amazon’s efforts to grow its reach in the food space, the eCommerce retailer is reportedly looking to launch grocery stores in multiple big U.S. cities. The company is reportedly…
The Fair Debt Collection Practices Act was passed in 1977 to restrict abusive activity by debt collectors. It covers the activity of anyone who collects debts owed to another party.…
A recentRetail Banking Trends and Predictions reportdetails a number of developments that banks and credit unions can prepare for and stay on top of this year. And fortunately, a number…
It's exciting to dream about the big things in life – college, a new home, retirement. Saving for those milestones? Not so much. Improving the financial experience may help change…
NAFCU was founded more than 50 years ago to represent credit unions at the federal level. We remain committed to our original mission of strengthening credit unions, but our approach…
NAFCU'sBrad Thaler wrote to Senate Banking Committee leadership in advance of today'shearing on capital formation and corporate governance to urge the committee to take action to allow credit unions to…
2019 will be an interesting year for regulatory compliance. Unlike the past couple of years, we are not facing major regulatory changes. At the same time, we could perhaps have…
Have you ever seen an event that celebrates a different culture or group, but felt excluded because you are not a member of that community? Perhaps it was a conference…
A Nigeria-based scammer gang dubbed “Scarlet Widow” is unleashing email fraud attacks against K-12 schools, universities and nonprofits around the world, according to a report from Foster City, Calif.-based Agari.…