Costs of a cyber attack
As our nation faces an unprecedented increase in cyber attacks - according to Trend Micro, ransomware attacks on banks alone climbed by a staggering 1,318% last year – and more expected following the invasion of [...]
News Archives
How to teach young children about finances
Parents, you want what’s best for your children. So, at a very young age, you start instilling in them lessons that will last a lifetime. For example, you know that giving them a steady [...]
Members’ homes and autos are more valuable than ever
Vehicles and homes have typically been the average consumer’s most valuable assets. With drastic increases in worth over the past year, that’s even more true than in the past. Although housing prices have [...]
CDFI Fund announces Bank Enterprise Awards
The Community Development Financial Institutions (CDFI) Fund on Wednesday announced it has awarded $26 million to 158 Federal Deposit Insurance Corp. (FDIC)-insured banks as part of its FY21 round of the Bank Enterprise Award ([...]
Inside Green Dot, the bank behind Walmart, Apple, Amazon & Intuit
The conventional wisdom of retail banking right now can be reduced to a handful of points: The checking account is on its way out as the centerpiece of banking relationships. Everything is going digital so [...]
Why is accountability so difficult?
We’ve all been there. Someone on the team is not playing ball. Their behavior is counter to everything we need and expect from each team member. Their measurables and goals may be impacted, but [...]
4 quick social media wins
It’s hard to believe but Q1 2022 is already behind us and we’re blazing forward at full speed into Q2! The start of a new quarter is often a good time to check [...]
What to do on your first day on the job
Starting a new job can be a nervous time. You have to learn names, schedules, and a heckuva lot of other information. But starting a new job can also be exciting. You’re at a [...]
Rep. Upton announces retirement
Rep. Fred Upton, R-Mich., announced he will not seek re-election in 2022. Upton, who has served in Congress since 1987, has long supported credit unions. “Fred Upton has long been a friend to America’s [...]
Fed’s Currency Education Program provides FIs with resources, support services
In recognition of Financial Literacy Month this April, NAFCU is sharing the Federal Reserve Board's U.S. Currency Education Program (CEP), which offers consumers and financial institutions with several resources and services that educate the [...]
Premier Members CU supports vital VITA program through United Way partnership
The Pueblo Volunteer Income Tax Assistance Program provides free tax preparation and e-filing services to individuals and families with household incomes of $55,000 or less. Services are provided by IRS-trained volunteers who work with [...]
Movement celebrates National Credit Union Youth Month
The credit union movement is celebrating National Credit Union Youth Month throughout April. The theme of 2022's Youth Month, sponsored by EVERFI, is "Save Small. Dream Big. at your credit union™" Credit unions will spend [...]
Cybersecurity: It’s not a matter of ‘if,’ but ‘when’
Cybersecurity genuinely affects all of us. Whether you are a private citizen, a business, or even the government, you and your organization are susceptible to significant damage should a bad actor succeed. Cybersecurity is so [...]
NCUA webinar on overdraft programs
Last week, NCUA hosted a webinar to discuss overdraft programs and alternatives. At the start of the webinar, chairman Harper explained how heavy reliance on overdraft programs can harm members, especially during the pandemic when [...]
7 simple tips for staging your home to sell quickly
When you are selling your home, first impressions are critical. From curb appeal to walking through the front door, your buyer needs to be impressed with how your house looks, and they should be able [...]