News Archives

Working tirelessly to help credit unions thrive

Working tirelessly to help credit unions thrive

You’ve done whatever it takes to provide your members with the best possible service—even during the pandemic. So has NAFCU. Our 2021 accomplishments for credit unions reveal the incredible service and value you [...]

NCUA issues letter on subordinated debt rule effective Jan. 1

NCUA issues letter on subordinated debt rule effective Jan. 1

NCUA issued a Letter to Credit Unions (21-CU-13) reminding all federally insured credit unions the final final subordinated debt rule becomes effective Jan. 1, 2022. The final rule amends various parts of the NCUA’s [...]

October jobs report shows healthy, upward growth

October jobs report shows healthy, upward growth

The Bureau of Labor Statistics Friday issued the October Jobs Report which revealed non-farm payrolls increased by 531,000 last month. Of note, August and September job gains were revised upward by a combined 235,[...]

Don’t be spooked by fraud!

Don’t be spooked by fraud!

Creating a web of prevention, detection, and prediction is the best defense against fraud. In some cases, it will require slight tweaks to an existing fraud strategy to prevent massive losses. In other cases, a [...]

Save or pay off debt? Here’s what to consider

Save or pay off debt? Here’s what to consider

If you feel like debt is weighing you down, but you want to build up some savings, too, you’re not alone. Our quarterly Consumer Pulse shows that, despite challenges to household budgets, some people [...]

The five types of hackers after your business’s data

The five types of hackers after your business’s data

Let’s start off with a simple question: What type of data does your business store? A.    Client or donor information B.    Internal proprietary data C.    Financial Data D.    Trade Secrets E.    Sensitive or Classified [...]

COVID-19 vaccine mandate for large employers

COVID-19 vaccine mandate for large employers

On November 4, 2021, the Occupational Safety and Health Administration (OSHA) published its awaited vaccine mandate for employers with 100+ employees. This interim final rule, published as an Emergency Temporary Standard, goes back to a [...]