News Archives

Foundation announces youth financial well-being competition

Foundation announces youth financial well-being competition

The National Credit Union Foundation announced the Biz Kid$ Showcase: a nationwide competition for young people age 12 to 18. The initiative aims to raise awareness of credit unions, enhance financial literacy, and encourage entrepreneurship [...]

3 rules to influence new world

3 rules to influence new world

While many wonder when we’ll return to a pre-pandemic world or figure out what the “new normal” will be, futurist Mike Walsh says people should focus their attention on what the new world will [...]

Local FI’s ‘trade deadline’

Local FI’s ‘trade deadline’

If you’re a sports fan, you may know that Major League Baseball’s trade deadline just passed. Each season as the deadline approaches, teams look at their current roster and map their best shot [...]

Mistakes to avoid in transition to the cloud

Mistakes to avoid in transition to the cloud

The COVID-19 pandemic accelerated the credit union industry’s commitment to digital transformation and the adoption of more modern technologies to meet the demands of today’s members and protect data. As more credit unions [...]

Q3 2022 economic outlook for financial institutions

Q3 2022 economic outlook for financial institutions

With a recession on the horizon, the landscape for financial institutions will become more difficult for the rest of 2022 and into 2023. Rising delinquencies, tighter margins driven by an inverted yield curve, and softening [...]

CFPB: Poor data protection may be abusive act under consumer law

CFPB: Poor data protection may be abusive act under consumer law

Financial institutions, including credit unions, may violate consumer protection prohibitions against unfair acts or practices if they have insufficient data protection or information security programs, the CFPB announced Thursday. In a circular published on its [...]

The importance of the ‘paradox mindset’

The importance of the ‘paradox mindset’

Ever get caught up in a game of tug-of-war with competing demands? As organizational leaders, this often brings about questions of today vs. tomorrow, productivity vs. costs, and more. Specifically, at NAFCU, we toggle with [...]

4 ways to save on dining out

4 ways to save on dining out

Between our struggling retirement accounts and virus scares, we don't need much of an excuse to stay home to eat all of our meals these days. But it's still nice to go out. There's just [...]

Credit union difference on display for state legislators

Credit union difference on display for state legislators

CUNA, Leagues, and credit unions engaged with hundreds of state lawmakers from around the country over the last few weeks at the American Legislative Exchange Council (ALEC) in Atlanta and the National Conference of State [...]

NAFCU urges members to Act on Interchange and NCUA Vendor Authority

NAFCU urges members to Act on Interchange and NCUA Vendor Authority

In a message to members, NAFCU Vice President of Legislative Affairs Brad Thaler highlighted the association’s recent advocacy initiatives on Capitol Hill regarding important credit union topics and encouraged credit unions to engage with [...]