CUNA will be engaged with several Senate floor activities this week, including consideration of several bills that would have an impact on credit unions. The Senate Banking Committee will also…
NAFCU Board Chair Jeanne Kucey told Credit Union Journal that regulatory relief is her top goal: "We need to roll back some of the burdensome regulations so credit unions can…
Dynamic, engaging and versatile, video marketing is undoubtedly a stronghold in mobile advertising today. It’s also one of the most popular ways consumers view content. “For credit unions, video marketing…
A key member of the House Financial Services Committee wants to see lawmakers focus next year on oversight of the “muddied and fairly opaque” markets for initial coin offerings and…
The need to accelerate talent development is not new but is becoming more important in today’s changing landscape. We are inundated every day with a push to develop leaders faster…
Known mainly in the automotive business and among a few large banks, ChannelNet recently launched a marketing platform for community banks offering personalized messaging, relevant offers, and informational content on…
Credit unions are different from banks. Most credit union members understand this. Credit unions don’t have stockholders to distract management and skim off the profits. Instead of fixating on profits…
We’ve all heard the parables — cautionary tales about Netflix killing Blockbuster, and Amazon’s retail takeover. And yes, more and more Americans bank digitally. But branches remain a critical component…
The NCUA conducted a recent webinar in which staff discussed how credit union employees can help their members maximize National Credit Union Share Insurance Fund (NCUSIF) coverage. The webinar will…
NAFCU this week will continue leading advocacy efforts to delay the NCUA's risk-based capital (RBC) rule as the agency considers a proposed rule to delay it by one year. NAFCU…
It is no secret that financial services have gone mobile. According to The Economist’s study, “Retail Banking. In Tech We Trust.,” 72% of people using a mobile phone in the…
Record retention questions are fairly common for the NAFCU Compliance Team. In the past, we have written a general overview of record retention requirements and highlighted potential state law implications.…
While 2018 is quickly being dubbed “the year ofAI,” by all indicators fintech’s latestphenomenon is just getting started. According toIDC, global spending on cognitive and artificial intelligence systems will reach…
During a recent webinar on fraud, attendants were asked what kind of fraud they were experiencing the most in 2018. Of those who responded, 82% stated that card fraud was…
Part of being a leader is ensuring you put the right people at the top of your organization. Developing future leaders takes time and effort, but can make your job…
EMV was just the beginning. For the past several years, financial institutions and merchants have worked to ensure the hardware and software behind card payments complied with EMV requirements. They’ve…
CUNA and leagues will be on hand with nearly 6,000 attendees at the National Conference of State Legislatures (NCSL) Legislative Summit July 30-Aug. 2 in Los Angeles. Attendees include state…
The NCUA Board during its meeting next week will consider a proposed rule related to risk-based capital (RBC). Though details on this proposal won't be released until Thursday's meeting, NAFCU…
The recent suicides of iconic fashion designer Kate Spade and internationally renowned chef Anthony Bourdain renewed attention on a disturbing trend in the U.S. Deaths by suicide have been increasing…
If you want to drive change at your credit union, think culture first and strategy second. That’s one lesson Nicholas Mathiowetz has learned since becoming CEO four years ago at…
More than half of consumers in a new survey said they searched for a new financial institution or new account in the past 12 months, while 28% indicated they have…
Credit unions have become more aware of the importance of having a strong online presence and many are equipping themselves with the information and talent needed to be successful. In…
According to a recent CO-OP study, the vast majority of credit unions – a full 88 percent – view digital transformation as “extremely” or “quite” important. Even so, nearly half…
There are a lot of companies out there competing for your loan business. At the same time, rates are soon going to increase, which will lessen the pool of prime…