News Archives

Bank Secrecy Act and anti-money laundering regulations

Bank Secrecy Act and anti-money laundering regulations

Congress has several laws in place to oversee financial institutions—protecting them against illegal activities such as money laundering and protecting consumers from unfair financial practices. There are various regulatory bodies that oversee these laws [...]

Product adoption done “right”

Product adoption done “right”

Every behavior conducted in the virtual world creates data output that is the catalyst for analysis and interpretation. Big data is a profound phenomenon that has exploded over the past several years across a vast [...]

Do you trust your work friends?

Do you trust your work friends?

I regularly spend time with a great group of women at our credit union. Women from all over the organization… service area managers, frontline workers, senior leaders, marketing professionals, educators and even a scrum master. [...]

Chef José Andrés to speak at 2022 CUNA GAC

Chef José Andrés to speak at 2022 CUNA GAC

Chef and humanitarian José Andrés will speak at the 2022 CUNA Governmental Affairs Conference (GAC). Andres will participate in a fireside chat with National Credit Union Foundation Executive Director Gigi Hyland for a discussion [...]

5 things to know this week

5 things to know this week

NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and [...]

Mind the pay gap

Mind the pay gap

​​​​​​​Understanding women’s financial lives is the first step to ensuring equal pay. Growing up, my mother told me that I could be anything I wanted to be. The world was my oyster—there were [...]

Mortgage rates jump to nearly 4%

Mortgage rates jump to nearly 4%

Mortgage rates increased again, rising to a level not seen since summer 2019. The 30-year fixed-rate mortgage averaged 3.92% in the week ending February 17, up from 3.69% the week before, according to [...]

Untangling the HMDA thresholds

Untangling the HMDA thresholds

For credit union compliance professionals, February means that the annual Home Mortgage Disclosure Act (HMDA) reporting deadline is approaching. As we creep closer to the reporting deadline, the NAFCU compliance team often receives questions regarding [...]