News Archives

NAFCU continues fight for clear ADA guidance

NAFCU continues fight for clear ADA guidance

Hearing from dozens of credit unions in at least 21 states over unclear website accessibility requirements under the Americans with Disabilities Act (ADA), NAFCU continues to offer support. In the past week, the association has [...]

4 unexpected retirement expenses

4 unexpected retirement expenses

No matter how prepared you are for retirement, you can count on being blindsided by some unexpected expenses. According to a study by the Employee Benefit Research Institute, 40% of retirees said their retirement expenses [...]

Embrace your inner scrappiness

Embrace your inner scrappiness

One of the things I love most about credit unions is that they are agile, even scrappy.  Credit unions often see their size as a disadvantage, but I think there are many advantages to being [...]

Think screenspace, not meatspace

Think screenspace, not meatspace

Quick, what comes to mind when you hear things like “member experience”, “marketing” and “brand”? If you picture branches, members talking to tellers, logos on signs, or people shuffling pieces of dead trees, you’re [...]

Former Michigan CEO admits embezzlement

Former Michigan CEO admits embezzlement

Stanley Hayes, former president/CEO of the liquidated Valley State Credit Union, is scheduled to be sentenced in April after he admitted to embezzling $710,000 from the Saginaw, Mich. cooperative. Michigan Attorney General Bill [...]

Conversations will shape the future of banking

Conversations will shape the future of banking

Messaging platforms that include voice and text-based interfaces and being increasingly used by digital consumers as their preferred method of engagement, according to a research studyfrom Accenture.  Conversational interfaces already exist. The Amazon Echo, Google [...]

Finding purpose in your career

Finding purpose in your career

You have a purpose in your career. You know that, right? I’ve been thinking about this lately after a volunteer experience brought it into perspective for me: I joined my team to help out [...]

What credit unions need to know about biometric payment cards

U.S. credit unions continue to be on the forefront of payments evolution. In January, Visa announced it would begin testing a fingerprint-enabled credit card in the United States with Utah-based Mountain America Credit Union. [...]

NAFCU stands by CU at ADA hearing in Virginia

NAFCU stands by CU at ADA hearing in Virginia

NAFCU last week attended a hearing on a defendant credit union's motion to dismiss an Americans with Disabilities Act (ADA) case. NAFCU remains active on ADA, engaging with various stakeholders on this issue and working [...]