Credit unions wrapped up another successful, record-breaking CUNA Governmental Affairs Conference Thursday with the last of their visits to Capitol Hill. During the week credit union advocates visited with every Congressional office to tell stories [...]
The Senate yesterday approved the nominations of Rodney Hood and Todd Harper to serve on the NCUA Board; they were cleared by voice vote. "NAFCU congratulates Rodney Hood and Todd Harper on being confirmed to [...]
Federal prosecutors alleged former Municipal Credit Union CEO Kam Wong, who is awaiting sentencing for stealing nearly $10 million, allegedly “dissipated assets” of nearly $700,000 to avoid the government’s seizure of those funds. [...]
Here’s an exercise that may come off as too academic – like a debate over how many angels fit on a pinhead – but is really among the most vital for not only PYMNTS readers, but [...]
Bringing a new employee on board is a big investment, not only from a salary and benefits perspective, but also the time commitment to train them and get them up to speed on their responsibilities [...]
It’s CU 2.0 Fintech Friday! Today, Chris Otey sits down with CU Student Choice to discuss all things credit union, fintech, and digital innovation. CU Student Choice works with credit unions to provide [...]
Normally, employment law and activity by the Department of Labor is not something your NAFCU Regulatory Compliance Team spends much time writing about. Credit union and consumer financial regulation is more our jam. Because the [...]
With the unemployment rate below 4%, it’s a tough hiring market right now. Banks and credit unions trolling for top talent to fill increasingly important data analytics, customer experience, and digital transformation positions need [...]
As college tuition costs continue to rise, parents and students are left struggling to find ways to pay. The first step every future college student should take is filling out the Free Application for Federal [...]
Financial trends can seem to be in a constant state of flux with elements such as chatbots, mobile banking, big data, and catering to younger and smaller demographics. Yet, while these trends may seem to [...]
Wrestling with where to invest limited resources for maximum return is a challenge that all leaders face. Digital transformation has upped the ante and raised the bar on how we deliver the member experience, how [...]
Credit unions could be spotted in every single Congressional building on Capitol Hill Wednesday as more than 5,200 credit union leaders visited with elected officials to tell stories about the credit union difference. The [...]
Yesterday, Sen. Elizabeth Warren, D-Mass., released a modified version of her comprehensive housing reform bill, the American Housing and Economic Mobility Act of 2019. While the updated legislation would not subject credit unions to Community [...]
Even as institutions reported improved financial results last year, CFOs’ confidence in their institutions’ ability to manage the financial impacts of an evolving business environment decreased in 2018, according to a recent Kaufman Hall report. [...]
A former COO will be sentenced in July for embezzling more than $465,000 from a New York credit union. Suzanne Silva, 35, of Carle Place, N.Y., agreed to plead guilty Wednesday to one [...]
