NAFCU President and CEO Dan Berger Wednesday wrote to the Internal Revenue Service (IRS) urging the agency to adjust the 2022 standard optional mileage rate to reflect the strained oil market and rising gas prices, [...]
This spring marks the beginning of a new era in the National Credit Union Administration’s approach to call reporting, compliance examinations and regulatory capital for federally insured credit unions. These changes should help strengthen [...]
Succession Planning So … the NCUA has new proposed rules about the board’s involvement in succession planning. (You do know that, right?) They’re concerned that the board’s relative lack of involvement is undermining [...]
There is no denying the world has changed significantly over the past couple of years. Even now there are still travel restrictions, fluctuating health requirements, and other ongoing disruptions to our everyday lives. But the [...]
Ever wonder how many times a member has started your online loan application process, and then stopped filling it out for one reason or another? Maybe it took too long to complete. Or perhaps when [...]
Culture. It’s a word we throw around a lot, but creating precisely the kind that cultivates ALL the good stuff at your CU? That’s not an easy ask. Luckily, we got to sit [...]
Embedded finance has a projected market value of more than $138 billion, which moves it well past the fad phase: it's the future. Also called banking-as-a-service (BaaS), embedded finance explains the use of financial services [...]
At first glance, you wouldn’t think that changing addresses would have much of a financial impact. If you look closer, though, you’ll realize that a lot of your finances depend on people knowing [...]
The data has proven challenging, if not troubling: three billion people around the world are underbanked or fully unbanked. That’s 40 percent of the world population. In America alone, 39 percent of individuals would [...]
For all engaged and connected to Global Women’s Leadership Network (GWLN), we celebrate women each and every day of the year. As we continue with our work on advancing women in leadership in the [...]
Purpose-driven branding is becoming increasingly more important, as people more intentionally seek brands that have a purpose beyond profit – brands that stand for something, and act on their shared values and beliefs. As big brands [...]
With financial technology, Big Tech and megabanks on the rise, 2022 is a year to focus on retaining and deepening the relationships of your existing members. Credit unions may not be able to compete with [...]
This week I was eating lunch with one of our curriculum administrators in our beautiful headquarters café. At the table next to us was one of my direct reports with a few of her team [...]
DoubleCheck Solutions, a fintech company addressing outdated non-sufficient funds (NSF) and overdraft practices with practical software solutions, was presented with the CUNA Technology Council’s Best of Show Award at the 2022 CUNA Governmental Affairs [...]
The CFPB Tuesday issued policy guidance regarding illegal practices concerning consumer reviews. According to the guidance, the CFPB seeks to ensure that “customers can write reviews, particularly ones posted online, about financial products and services [...]
