The myth of multitasking—and its impact on financial institutions
We are a society of multitaskers armed with smartphone technology. We pay bills from our phones on our lunch break, text while doing just about everything, and respond to emails ...
The latest from John Pettit
Are credit unions having a meaningful impact on employees?
For credit unions to have a meaningful impact on members and communities, they must first focus on the people who directly serve those members and communities. For that reason, the ...
When you’re the ‘first’ or the ‘only’ at the leadership table
Cecilia Muñoz had worked as the director of intergovernmental affairs for President Barack Obama for three years when she was promoted to director of domestic policy and something happened ...
Working tirelessly to help credit unions thrive
You’ve done whatever it takes to provide your members with the best possible service—even during the pandemic. So has NAFCU. Our 2021 accomplishments for credit unions reveal the ...
NCUA issues letter on subordinated debt rule effective Jan. 1
NCUA issued a Letter to Credit Unions (21-CU-13) reminding all federally insured credit unions the final final subordinated debt rule becomes effective Jan. 1, 2022. The final rule amends various ...
October jobs report shows healthy, upward growth
The Bureau of Labor Statistics Friday issued the October Jobs Report which revealed non-farm payrolls increased by 531,000 last month. Of note, August and September job gains were revised ...
Don’t be spooked by fraud!
Creating a web of prevention, detection, and prediction is the best defense against fraud. In some cases, it will require slight tweaks to an existing fraud strategy to prevent massive ...
System-wide cooperation can lead to nationwide impact
A CEO recently told me that credit unions need to talk more about Financial Well-Being for All. We need to be more present, more consistent, to ensure it remains at ...