Protecting our members from scams can seem like a never-ending battle. One way to improve your ability to support your members is to understand how their financial challenges leave them vulnerable to certain kinds of [...]
It’s become a common claim in the credit union circles that I move in: It takes at least $1 billion in assets for a credit union to hope to survive. Lately, in fact, I [...]
As a credit union, you need more than excellent financial services to wow your member base. You also need exceptional member satisfaction. One way to do that is by partnering with fintech companies to provide [...]
CUNA launched a webpage to support and provide resources for member credit unions looking to highlight credit unions’ safety and soundness in the wake of the Silicon Valley Bank collapse. Credit union deposits are safe, [...]
The Federal Reserve announced its FedNow service – which will allow participating credit unions the ability to send and receive real-time payments – will start operating in July. NAFCU has long supported the Fed’s involvement as [...]
Today’s members want more tailored interactions. A recent study by AWS showed that 50% of digital banking consumers expect their credit union to provide a highly personalized experience. In an increasingly digital world with [...]
MSU Federal Credit Union knows college students. For 85 years, the $6.9 billion asset credit union in East Lansing, Mich., has served Michigan State University students, adapting as consumer behavior changed, the internet grew, [...]
The Community Development Financial Institutions (CDFI) Fund would receive a healthy five percent increase in funding, or $17 million, in 2024 thanks to the Biden administration’s proposed $6.9 trillion proposed budget. The CDFI [...]
Are you getting a decent amount of traffic to your credit union website but not a lot of engagement? If you’re seeing visitors click through to a page only to bounce off of your [...]
Fintechs came onto the scene over a decade ago. Ever since, digital transformation and optimization have been buzzwords in the banking industry. The emphasis on digital transformation picked up speed after the financial crisis of [...]
A car may be one of the biggest purchases you’ll ever make, so it’s important to feel confident you’re getting a good deal. Your credit can play an important role in how [...]
Throughout the last hundred-plus years, credit unions have kept up with the times to continue serving members nationwide. But as our fast-paced world keeps evolving even faster and swanky new fintechs come onto the scene, [...]
“If you defer investing your time and energy until you see that you need to, chances are it will already be too late.”[1] As member-owned institutions, credit unions operate to strengthen communities and protect [...]
I love wild rides. Whether Disney or Universal, if it's a new thrill, I'm in. But Silicon Valley Bank (and Signature Bank) failing, followed by the "will they, won't they" of FDIC insurance? "Excuse me, [...]
One never knows from where the next credit union leader will emerge. He could be a front-line leader in the contact center. She could be a cybersecurity specialist in IT. Or, the next leader could [...]
