Leadership Matters: Commit to progress
All progress is change, but not all change is progress. No one plans to change or desires to change, but we embrace what we view as progress. There is a powerful and important connection between [...]
News Archives
Will Gen Z redefine workplace wellness?
Change is amongst us. A new way of thinking is emerging. A new dialogue for employee wellness has begun, and it all starts with Generation Z. It is the era of Gen Z. This demographic [...]
How Allied FCU jumpstarted loan growth
How do we grow loans? When’s the best time to plan for the future? How do we go beyond simply making money? These questions are on the minds of every credit union leader, but [...]
Leaders in Lending | Ep. 67: Leveraging data to thoughtfully position products and deepen consumer relationships
Providing consumers with their credit scores is table stakes in consumer banking. Now, banks and credit unions need to take this further by assessing where and when consumers are coming back — and how to ultimately [...]
Phishing-as-a-Service
Historically, becoming a successful hacker had barriers to entry, which for many years helped in the battle against cyber attackers. Not only would hackers need the knowledge and abilities to design their attacks from scratch, [...]
Building financial independence for Gen Z and beyond
July is heavily focused on independence in the U.S. We celebrate with fireworks, get-togethers, delicious, iconic foods and parades with decorative floats. This is also usually paired with a break from school, when kids [...]
How renting can impact your credit
According to the U.S. Census Bureau, about 36% of U.S. households are occupied by renters. If you’re one of the many renters, you may be wondering: Does renting an apartment build credit? [...]
3 reasons you should always ask questions
Back in school, there was probably a time when you hated asking questions. You either didn’t want to ask a question with an easy answer that you should have known, or you just didn’[...]
Supporting financial inclusion in the fintech space
What percentage of venture capital (VC) funding goes to Black, Latinx and female entrepreneurs? If you guessed somewhere near each group’s share of the population, that would be roughly 13% for Blacks, 19% for [...]
Everybody loses without access to overdraft services
No overdraft fees may sound consumer-friendly — until you realize that people will still overdraw their accounts and need a way to meet short-term liquidity deficits. What does "no overdraft fees" really mean? For some consumers, [...]
Go forward. Go together. The movement is poised for its finest hour
On July 1, credit unions in Arizona, Colorado, Idaho, Oregon, Washington, and Wyoming came together as members of the GoWest Credit Union Association. The name, “GoWest” embodies the bold, pioneering spirit of the West, and [...]
World Council board names Diana Dykstra new chair
World Council of Credit Unions (WOCCU) announced Diana Dykstra, president/CEO of the California and Nevada Credit Union Leagues, as its new Board Chair on day three of the 2022 World Credit Union Conference. Dykstra [...]
FHFA announces Office of Financial Technology
The Federal Housing Finance Agency (FHFA) Monday announced the establishment of the Office of Financial Technology, which will serve as a source of information to support the FHFA in assessing risks of emerging fintechs. NAFCU [...]
A new economic paradigm or comedy of errors?
After a long slumber, inflation is awake and creating havoc for consumers and financial markets. The drama of the moment is amplified by the starting line from which inflation began its race higher. Since the [...]
Calling out cowards in credit union land
You’re a coward! Yes, you! “It takes one to know one.” Indeed, it does, which is why I feel confident in calling you out. Because much like you, I hate tough conversations and big [...]