On the surface, the differences between running a bank and running a credit union seem very similar. However, for the Board of Directors to select the right executive to lead a credit union, it must [...]
If you’re worried about being scammed, it’s not because you’re paranoid. Scammers are the zombie apocalypse of the financial world. They’re relentless, they seem to be everywhere, and even if you [...]
Overall, the financial sector appears well positioned for an economic downturn. Arguably, the predicted recession has been one of the most forecasted in economic history. As such, financial institutions have had plenty of time to [...]
What credit unions have known all along federal regulation may now agree: For too many years, medical debt and collections have weighed heavy on consumers and members credit scores. Due to the rising price of [...]
Equip your entire team with the knowledge necessary to thrive. NAFCU’s Online Training isn’t just knowledge; it’s a strategic investment in your credit union's future. After all, in the dynamic world of [...]
Between the on-again, off-again recession, inflation, increasing fraud, rising interest rates, student loans coming due for the first time since the pandemic, worldwide disasters driving up prices like gas and groceries — it has been a [...]
In today's rapidly evolving financial landscape, credit unions have an extraordinary opportunity to redefine how they connect with their members. By embracing digital branching and omni-channel communications, they can supercharge member engagement and set themselves [...]
Both chambers of Congress are in Washington, D.C., this week. The House may hold a vote for speaker this week, but no floor or committee action has been announced for this week. The Senate [...]
In response to another attack from bankers questioning the credit union industry’s tax exemption and motives, NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussle set the record straight on [...]
Social media video is all the rage nowadays. TikTok is maybe the best example of the social media video craze, but it’s not the only one. Instagram has reels. YouTube has shorts. And Facebook [...]
Last month we co-hosted a webinar for credit union leaders covering what they should know about outsourcing a credit card program and what to consider when seeking a partner. Here are five questions from the [...]
Interest rates are up, banking brand trust is down, and credit unions need to concentrate on making 2024 a year of innovation and growth. To get there, prioritizing loan growth and digital optimization will play [...]
The Consumer Financial Protection Bureau (CFPB) was on the hot seat in the Supreme Court October 3 as oral arguments in the case challenging its constitutionality and funding began. In the case being heard, the [...]
The Digital Banking Report has consistently found that financial institutions rank improving the customer experience as the top strategic imperative that will drive success in the future. Yet, in spite of this stated priority, few [...]
78% of Americans are concerned about sharing their personal information online, according to our Q2 2023 Consumer Pulse survey. And it’s with good reason — that same survey found that 42% of all Americans have [...]
