CUNA names 2023 Credit Union Hero of the Year
Credit Union Magazine announced the 2023 Credit Union Hero of the Year: Amanda Merz, community impact manager at $4.6 billion asset SAFE Credit Union in Folsom, Calif. Merz has ...
The latest from John Pettit
Books to read during AAPI Month
We’ve established that I am a reader. Previously I’ve shared books and other resources to celebrate Black History Month and Women’s History Month. Reading helps me see ...
Consumers crave personalized financial wellness help. Can FIs deliver it?
Customers who believe their financial institution cares about their financial health are three times more likely to be “very satisfied,” three times more likely to recommend their primary financial institution, ...
CFPB sends notice about HMDA address errors
In recent weeks the NAFCU Compliance Team has heard from a handful of credit unions about a notice they’ve received from the Consumer Financial Protection Bureau (CFPB or Bureau) ...
JPMorgan Chase takes over First Republic after U.S. seizure of ailing bank
Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to keep the ...
CUNA to GAO: ‘No compelling reason’ to change CU regulatory structure
CUNA has serious reservations about the conclusion of a Government Accountability Office study relating to the regulation of federal depository institutions, it wrote to the GAO. The study, “High-Risk Series ...
NAFCU backs reintroduced bipartisan marijuana banking bills
The Secure and Fair Enforcement (SAFE) Banking Act, which would provide greater clarity and legal certainty at the federal level for financial institutions to provide services to marijuana-related businesses (MRBs) ...
Digital banking with neurodiversity functionality supports member inclusivity
The credit union philosophy is largely driven by the idea of “people helping people” with a focus on promoting the well-being of every member. However, when it comes to the ...