The Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) will co-hosting a webinar July 25 to outline strategies to address and prevent elder financial abuse. Registration is currently open for the free [...]
NAFCU's award-winning compliance team offers resources to all federally insured credit unions, keeping credit unions informed of the ever-changing regulatory environment. Each month, the team answers hundreds of compliance-related questions from NAFCU members and also [...]
Your phone rings. You don’t recognize the number, but you assume it’s a local call because it’s from your area code and the first three numbers are the same as your telephone [...]
The NCUA banned last week Linda D. Landry from participating in the affairs of a federally insured financial institution. Landry, a former president/CEO of the $6.9 million Southeast Texas Employees Federal Credit Union [...]
Artificial intelligence (AI) and voice-enabled technologies have the potential to transform the financial services industry and help customers in extraordinary new ways. Enterprises are already doing more with these technologies than customers realize, as Visa’[...]
Recently, the National Credit Union Administration board unanimously approved a proposal allowing federal credit unions to accept nonmember and public unit shares up to 50%. The goal of this regulatory relief is to allow FCUs [...]
In many aspects of business, no matter the industry you’re in, you tend to see cyclical trends. The pendulum swings one way, then it swings back. Take marketing. Recent years have seen a trend [...]
As the only Community Development Financial Institution (CDFI) on the 120-mile stretch of Lake Erie shoreline from Toledo to Cleveland, Commodore Perry Federal Credit Union($45.3M, Oak Harbor, OH) feels a particular tug toward [...]
The mortgage loan origination process can be clunky and inefficient. Ultimately, the goal of lenders is to close as many qualified mortgage loans as possible—while remaining compliant, of course. Interest rates have continued to [...]
Welcome to episode 27 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. Today’s guest is Lois Kitsch the cofounder of CU Difference. She has worked for years [...]
When partnering with credit unions on brand and member experience programs, one of the examples we use regarding brand loyalty is Harley-Davidson fans who get some version of the company logo tattooed on their bodies. [...]
Young professionals play a critical role in the future of the credit unions you tend, the communities you serve, and world we call home. Managers and executives alike have their preferences, sure. But today is [...]
The Worldwide Foundation for Credit Unions is rolling out a new feature to ensure everyone across our movement has an opportunity to #DoGlobalGood for members everywhere—a Monthly Giving Program. A monthly giving program is [...]
Substantive amendments to the Consumer Financial Protection Bureau’s (CFPB) remittance rule would create a more effective balance between consumer protection and access to services, CUNA wrote to the CFPB Thursday. CUNA submitted its comment [...]
According to the Commerce Department's final estimate for the first-quarter, the U.S. economy grew 3.1 percent – growth which NAFCU Chief Economist and Vice President of Research Curt Long called "solid" but predicted a [...]
