The case of the disappearing credit union
Now you see ‘em, now you don’t. Somehow it feels as though I am writing a period novel about the disappearance of an entire type of financial institution right in…
Now you see ‘em, now you don’t. Somehow it feels as though I am writing a period novel about the disappearance of an entire type of financial institution right in…
Complete the below quiz to identify how well you as a leader support talent development. Use the answers to guide your own development to provide quality support to your team.…
The NAFCU Compliance Team has received a few questions recently on providing disclosures when there is more than one member on an account. Essentially, the question is: If there are…
Following an initial announcement in May 2018, Apple and Goldman Sachs confirmed their intention to launch a jointly-branded credit card. According to the Wall Street Journal: Apple and Goldman Sachs…
Many question marks about voice search remain. Are smart speakers going to become as ubiquitous as refrigerators? Will consumers ever use them to apply for loans or credit cards? We…
The 2019 CUNA Governmental Affairs Conference (GAC), the credit union industry’s largest event, kicks off March 10 and registration is still open. CUNA President/CEO Jim Nussle calledCUNA GAC a “can’t…
Existing-home sales decreased 1.2 percent in January.Despite this decline, NAFCU Chief Economist and Vice President of Research Curt Long said he expects the market to rebound in the coming months.…
Credit unions are shattering the glass ceiling; more than half of CEOs are female, a statistic that proves our industry’s commitment to diversity and inclusion. While a majority of female…
The Senate Banking Committee will vote on Feb. 26 on the nominations of Rodney Hood and Todd Harper to serve on the NCUA board. The confirmation vote could be an…
Analysts from Callahan & Associates project total dividends at credit unions totaled $8.4 billion at the end of 2018. This $2 billion increase over last year represents an annual growth…
Innovation. It just might be today’s most popular buzz word. Some other buzz words we hear way too often these days? Automation. Data. Efficiency. Do you know what industry puts…
In a previous blog, we discussed the importance of reducing friction in the onboarding process. Onegood way to do so is through integration to a robust onboarding solution that manages…
The tax cut law signed by President Donald Trump helped boost bank profits to a record $237 billion last year, a 44 percent jump from 2017, the government said Thursday,…
Communication is often something we take for granted because it's happening all the time, whether we recognize it or not. As leaders, we need to be cognizant of the signals…
The credit union movement’s overall capital-to-asset ratio increased from 10.8% in November to 11.0% in December, according to CUNA’s Monthly Credit Union Estimates for December 2018. The total dollar amount…
Oral arguments have been set for April 16 in the appeal of the lower-court decision in a lawsuit challenging the NCUA's field of membership (FOM) rule. NAFCU maintains that FOM…
No doubt you have heard the old philosophical saying regarding who preceded whom. Was it the chicken or the egg? Aristotle was the first to debate the issue (not to…
When Sue Cuevas was asked to lend a hand to get a new Latino credit union up and running, she wasn’t even sure what a credit union was. But after…
The CFPB’s plans to expand its no-action letter policy and to establish a regulatory sandbox have received mixed reviews; credit unions support the efforts with some reservations, while consumer groups…
At year-end 2018, more members are choosing credit unions than ever before. A full decade after the Great Recession, credit unions are still finding ways to engage members, build relationships,…
Coming up with creative and engaging content can at times feel daunting. We are constantly revamping our content for clients by scouring the web, especially Instagram feeds, for new ideas…
What will rise as the hot-button issue for bankers in 2019? To find out, CSI polled 220 executives at U.S. financial institutions across the country, asking questions that uncover the…
A case bound for the U.S. Supreme Court to resolve the issue of how an automated telephone dialing system is to be interpreted under the Telephone Consumer Protection Act was…
For decades the checking account was the pin in the center of the map of every consumer banking relationship. It defined “primary financial institution.” It was the account that most…