Credit unions continue to face a myriad of changes and challenges as they service auto loans and grow their auto loan portfolio. Recently, the auto industry has experienced increased regulatory scrutiny and attention, particularly related [...]
As a leader in the credit union industry, I love having the responsibility, and privilege, to help shape the next generation of leaders. Anytime I have the opportunity to talk to emerging leaders, I try [...]
The Biden Administration recently issued an executive order to coordinate efforts among federal agencies to create a national policy for digital assets. The order shows that these types of assets, including cryptocurrency, are here, and [...]
NAFCU joined with other trade associations Monday to submit feedback to the CFPB on their request for information (RFI) regarding fees on consumer financial products and services, or "junk fees." The bureau intends to use [...]
There’s a topic that often gets overlooked in conversations about diversity, equity and inclusion, and that’s the physical working environment. This is something that we at Momentum have been working to change, and [...]
Upstart’s culture and operations approach is part of what makes the company a haven for top talent. However, getting to that point was no simple task. On this week’s episode, get an inside [...]
For a change, the legislative front is occupying center stage for credit unions in Washington. That’s not surprising, given the flurry of activity from regulators (NCUA, CFPB) early this year that had pushed Congress [...]
Getting laid off is stressful, if not downright scary. Unfortunately, it’s also pretty common. Thanks to the pandemic, many Americans have dealt with the pain of being let go from their jobs. Just because [...]
Myth #1: Great banking slogans have to be short. Reality: While having a short slogan can aid memorability, the majority of financial slogans are between three and five words long. The average slogan or tagline [...]
Calling current policy unsafe, unjust and shortsighted, National Credit Union Administration (NCUA) board member Rodney E. Hood on Thursday appealed to Congress to immediately enact marijuana banking legislation. “Here we have a rising industry that [...]
For more than a century, the pulse at the heart of credit unions was widely known to beat loudest in the measure of member happiness. Satisfaction was always a distinctly unbeatable competitive advantage credit unions [...]
I grew up in a home where my mom was the breadwinner. Not by choice, but by necessity. She rallied every day, working morning to night supporting 6 of us kids. I grew an appreciation [...]
How to prevent ransomware With state-run banks and military agencies being targeted, the recent Russian-led attacks in Ukraine have brought the issue of cybersecurity to the forefront, exposing vulnerabilities at the highest levels. As a [...]
Anyone who’s ever decided to start a weight-loss program at the beginning of the year, knows it’s easy to quit around February-ish. No matter what kind of challenge you're trying to tackle, it [...]
CUNA strongly objects to the Consumer Financial Protection Bureau’s (CFPB) classification of a broad range of common financial services fees as “junk fees,” it wrote Monday. CUNA responded to a CFPB request for information ([...]
