A coalition of payments industry organizations, banks and one credit union have formed a new organization aimed at helping create a secure payments system with near-immediate funds availability. The organization,…
Millions of Chase customers in the U.S.will soon be able to speed through checkoutwith a tap of a contactless Visa card. While contactless payment technology has beenwidely used in places…
Digitally connected people expect their days to go something like this: Put on an outfit handpicked by Stitch Fix based on preferences, body type and budget. Order a few household…
Branding your credit union or bank does not work without your employees. No matter what you say your brand vision is, if your employees don’t live it every single day…
Greetings Compliance Friends! FollowingNCUA’s final ruleon voluntary mergers earlier this year (covered in a previous NAFCU Blog), the NAFCU Compliance Team has received a number of merger-related questions on a…
Are your customers engaged? It’s a question many in the financial industry are asking themselves lately. In the age of fintech disruption, it’s more important than ever for financial institutions…
Registration is still open for Wednesday’s free webinar on CUNA’s Awareness Initiative, the second hosted in a series of three hosted by CUNA. The first in the series covered the…
NAFCU President and CEO Dan Berger today will be on-site helping Habitat for Humanity of Northern Virginia (NOVA) build a home for a wounded veteran and his family and raise…
John Cassidy, president/CEO of the $982 million Sierra Central Credit Union, called it nothing short of a miracle that its branch was not burned to the ground in Paradise, Calif.,…
A credit union’s income is largely driven by its loan portfolio, and there is a unique opportunity for even greater loan growth available to institutions willing to go the extra…
If you’re a typical bank or credit union, you’re facing more competition than you’ve ever seen before. However, because the industry is enjoying some of the most profitable years in…
How credit union service organizations structure and seek funding begins with the type of relationship they intend to form with their client owners and investors, says Guy Messick, partner withMessick…
The time has come again—time to launch that new promotion. You’ve put on your best creative hat, scheduled the meetings, and now hope the brainstorming sessions yield some unique ideas.…
A year-old debit swipe and savings plan at Community First Credit Union of Florida($1.6B, Jacksonville, FL) offers financial wellness for members and additional income for its own bottom line. The…
CUNA, in conjunction with the National Association of State Credit Union Supervisors (NASCUS), conducted its annual Bank Secrecy Act (BSA) Certification Conference in Louisville, Ky. last week. The conference provided…
The House and Senate return to session this week following the midterm elections and have a number of items to address during the lame duck session. NAFCU's award-winning advocacy team…
Over the last few years, lenders have noted an increase of individuals applying for lines of credit. The influx of credit applications has put a demand on lenders to review…
Among the many outcomes that may result from credit unions investing in CUSOs, Passageways’ recent evolution adds “international corporate incubator” to that list. The partnership between the employee intranet and…
I just read Credit Union Magazine’s annual Credit Union Rock Star issue (sponsored by Fiserv, as it so happens). It’s dedicated to those unique, innovative people who excel in their…
In its annual savings trends report Inside America’s Savings Plans, Ascensus finds that saving behavior is starting younger—with retirement savers ages 25–34 most likely to be on track to meet…
Despite the emergence of innovative payment platforms and technology providers, more than a third of business-to-consumer disbursement payments are still made by check. That can be an expensive and slow…
Financial institutions couldaccumulate“nine times more unstructured data than structured data by about 2020.” Applications for accounts and loans continue to require more verification than ever before, requiring hundreds or even…
Here's an interesting finding from a recent survey: "58 percent of workers say that they'd stay at jobs with lower salaries if that meant working for a great boss." This…
Veterans Day is a time of year many Americans ask how they can help recognize those who currently serve and have served our country. Veterans live in every community across…