NAFCU President and CEO Dan Berger, in an email Wednesday to members, updated credit unions on the latest tax reform developments, including the recently released House tax extenders and fixes package, H.R. 88, and [...]
Between family gatherings and buying presents, the season of giving can be stressful. According to the 2018 Bankrate Holiday Gifting Survey, more than 40% of people who shop for gifts feel pressured to spend more [...]
Most financial institutions are seriously considering significant big data initiatives. And these institutions are absolutely correct because through data comes understanding. We have to know more, so we can serve our members better. We need [...]
While doing some early Christmas decoration shopping recently (yes, men can decorate for Christmas — be prepared to have several potential stereotypes blown) at a large and well-known national chain, the picture above caught my eye. [...]
One thing is clear after November’s mid-term elections: A lot of new people will be involved in the decisions. “Due to retirements and seats flipping in the election, there will be a lot of [...]
The used car market is a “goldmine” now for credit unions, according to one analyst who is encouraging CUs to strengthen their relationships with dealerships to help them move a growing inventory of used cars [...]
Consider this simple, common example of how middle managers' skills, traits and orientation are shaped: A tactical need arises, and a senior executive makes a request of the manager, who executes on that request. Check [...]
Ask a credit union or community bank about their consumer base, and it starts out like a snappy joke: A well-educated, retired woman walks into a financial institution. She’s somewhere between 55 and 70. [...]
A couple weeks ago, we blogged on a few FAQs related to mergers. As it continues to baffle those of you out there dealing with mergers, today’s blog expands on the last FAQ – converting [...]
After visiting with different credit union and bank marketing executives and discussing their challenges, it’s clear many are facing the same frustrations. Not enough time in the day. Overloaded with data. Can’t keep [...]
Consumer confidence in the marketplace remained high in the fall of 2018, and the spending habits of credit union members reflect that. Third quarter loan growth is on track to outpace share growth by 4.[...]
CUNA raised concerns with several taxes contained the Tax Cuts and Jobs Act in a letter to legislators sent Monday. The letter was sent to Sen. Orrin Hatch (R-Utah), Sen. Ron Wyden (D-Ore.), Rep. Kevin [...]
The 2018 NAFCU Report on Credit Unions is now available online. The report shows, among other things, that the credit union industry continues to strengthen and see membership growth, although compliance burdens have led to [...]
Thanksgiving is a thing of the past. Literally. It’s still relevant, but it happened last week. Now, we’ve all shifted our focus to the final holiday season of 2018. Are you ready? Have [...]
My 4th grade teacher once got frustrated with the collective distractedness of my class. She responded by instructing us that from that point forward, we should put our troubles on a shelf when we entered [...]
