The word of the day is…preemption
Federal credit unions ask about preemption from time to time, and we've blogged on the topic more generally in the past. A recent appellate case out of the Ninth Circuit has some FCUs asking questions [...]
News Archives
Nussle calls for final S. 2155 push as House vote likely this week
The House intends to vote on the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) as early as Tuesday. The House Rules Committee will meet on the bill Monday at 5 p.m. ([...]
This week: House vote on S. 2155, RBC delay in mark-up, NAFCU at FHFA
The House on Tuesday is poised to vote on the NAFCU-backed Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). NAFCU President and CEO Dan Berger, who has held numerous meetings on Capitol Hill [...]
4 ways to make retirement dreams a reality
Most Americans acknowledge the need to save for retirement. But there is a huge difference in recognizing something is important and doing something about it. According to a recent Fidelity survey, half of Americans don’[...]
New trend poses challenges and opportunities for credit union marketers
One of the biggest emerging trends in marketing this year is the use of “earned media” as the primary strategy for bringing in new business. What that means is that public relations strategy is taking [...]
Members love-hate relationship with technology works to your advantage
There is no escaping technology these days, and our dependence on it continues to grow. If your members are like you and me, the appearance is that we’re spoiled with technology, and completely take [...]
Strategic planning requires a healthy culture
Businesses face massive challenges, especially driven by digital technologies that are creating disruption. Your strategy to address these challenges cannot just be an annual event. The strategic planning process must be an ongoing exploration that [...]
Lending Perspectives: The 5 Cs of small-dollar lending
It seems like there is no other topic that divides credit unions like small dollar loans, or perhaps more to the point, payday loans. I’ve heard all kinds of arguments for and against having [...]
Avoid these NCUA Call Report pain points
The NCUA Call Report aims to measure and identify risks and potential red flags at your credit union. But the report and instructions for filling it out are, in some cases, “as clear as mud,” [...]
Navy Federal named among Top 10 In Forbes’ list of America’s Best Employers
For the third consecutive year, Navy FCU has been named to Forbes’ list of America’s Best Employers, receiving its highest ranking thus far at No. 10. “Navy Federal employees make a difference in the [...]
How credit unions can win against payday lenders and serve members best
Complimentary Webinar May 30, 2018: 2:00pm – 2:30pm ET Hosted by NAFCU Presented by Velocity Solutions CEO, Christopher Leonard Click Here to Register Americans need access to cash American consumers lack enough savings to [...]
Unauthorized use liability: Digital wallets and payment apps
In recent years, the way that consumers are paying for goods and services as well as how they are managing their accounts has been changing rapidly. Mobile payment apps and digital wallets are making payments [...]
Financial marketing not prepared for the digital future
Over the past several years, the dynamics of financial marketing have changed dramatically. While the past was a combination of mass media and some direct channels, the addition of new channels and technologies has impacted [...]
What should credit unions do about interest rate risk?
For the last 10 years, credit unions have dutifully modeled, monitored and made decisions to keep interest rate risk under control. And interest rates didn’t move. Looking back as far as the early 1970s, [...]
Top 3 takeaways from THINK 18
Last week at CO-OP’s 11th annual THINK conference, over 750 credit union leaders from around the U.S. gathered in Chandler, Arizona to collaborate and learn strategies to achieve excellence through digital transformation. With [...]