Back to basics: To share or not to share…that is the question
What type of member information can be shared? Who can we share member’s information with? When can we share member’s information? NAFCU’s Compliance Team regularly fields these ...
The latest from John Pettit
NCUA, CUNA respond to bank failures: CU deposits remain safe, insured
The collapse of Silicon Valley Bank last week is the second largest failure of a financial institution in U.S. history. The bank was shut down and put under the ...
Berger outlines what CUs need to know on bank failures
As President Joe Biden, lawmakers, and regulators Monday continued to address the failings of Silicon Valley Bank (SVB) and Signature Bank, NAFCU President and CEO Dan Berger sent a message ...
The changing skillset of credit union CEOs
Credit unions are facing a difficult people problem, and it may not be the one that immediately comes to mind. While labor shortages and other Great Resignation-style woes continue to ...
Common credit score and credit report questions and answers
On the path to building healthy credit, you may find yourself with questions. TransUnion is here with answers to help you build confidence about credit scores and credit reports as ...
New fraud threats facing credit unions and members in 2023
Amid uncertain economic conditions, credit unions and their members are expected to see a surge in fraudulent activity in 2023. Fraudsters have become more sophisticated and have adapted quickly to ...
Avoiding the credit union brand museum
I was recently having a conversation with a credit union CEO about the obstacle that is keeping credit unions from growing and attracting younger members to their credit union brand. “...
The importance of developing strong leaders in credit unions
Succession planning is one of the most pressing issues for today’s credit unions. Too many have aging executives and board members without skilled people ready to take control once ...