News Archives

Spreading happiness to your members

Spreading happiness to your members

Doing business with your Credit Union Members cannot just be about transactions, deposits, accounts, loans, and credit cards.  With so many different financial institutions competing for the public’s business, your members are bombarded with [...]

Sorting member business loans

Sorting member business loans

The Economic Growth Act signed by President Trump on May 24, 2018, provided credit unions with some regulatory relief. The National Credit Union Administration followed this up by removing certain loans from the definition of [...]

A shake-up in checking is underway

A shake-up in checking is underway

The word “checking” is “going the way of the word “slide rule,” according to a new analysis that offers a number of “startling” insights into how the checking account market is changing in the U.[...]

Advocacy: A winning strategy in uncertain times

Advocacy: A winning strategy in uncertain times

For a decade, credit unions have been fighting back against the onslaught of burdensome regulations that came in the wake of the 2008 financial crisis. In these past 10 years, we’ve seen unprecedented consolidation [...]

4 traits of authentic leaders

4 traits of authentic leaders

Regardless of your preferred leadership style, there is one attribute that, if lacking, will restrict your growth and keep you from your full potential. This trait is authenticity. "Congruence between values and actions is one [...]

What does an AI-driven future look like for credit unions?

What does an AI-driven future look like for credit unions?

Artificial intelligence and machine learning are already having a big impact on financial services. Chatbots are taking over online customer service, robo-advisors are automating asset management, and fintech companies are investing significantly in AI-powered solutions. [...]

The word of the day is “bank” (verb)

The word of the day is “bank” (verb)

Recently, we blogged about the topic of federal preemption and a recent Ninth Circuit appellate case raising questions about state laws that require payment of interest on mortgage escrow accounts.  That blog post also mentioned [...]

Nominations open for 2019 Wegner Awards

Nominations open for 2019 Wegner Awards

The National Credit Union Foundation is accepting nominations for the individuals and organizations who will be recognized as 2019 Herb Wegner Memorial Award honorees. Winners will be honored at the Foundation’s annual awards dinner [...]

Berger urges CFPB action to aid CUs’ S. 2155 compliance

Berger urges CFPB action to aid CUs’ S. 2155 compliance

NAFCU President and CEO Dan Berger shared a list of recommended regulatory actions with CFPB Acting Director Mick Mulvaney in a hand-delivered letter Thursday that should be pursued in light of the recent enactment of [...]