The founding purpose of credit unions has been to serve their members. When society and consumers’ needs evolve based on the advanced tools and technologies they utilize every day, so must the credit union adapt [...]
In a recent interview from McKinsey, author and social psychologist Vanessa Bohns discusses failing to recognize our innate ability to influence, resulting in missed opportunities or the misusing of power. In Bohns’ book, You Have [...]
Welcome to the CUInsight Minute, sixty seconds from our Director of Learning & Client Support Linda Lafortune with our favorite reads from the week. Mentioned: The dangers of mobile devices in a remote world by [...]
Depending on what kind of job you have, you may not feel like you can invest an extra one-hundred dollars from your paycheck each month. But if you don't want to work forever, investing that [...]
NAFCU works to grow and strengthen credit unions by providing federal advocacy, education, and compliance assistance at an unprecedented level of service, passion, and excellence. With several key policy items being discussed within Washington, our [...]
In the 21st century, it’s no longer sufficient to be known simply as a financial institution. Credit unions and other financial institutions must actively demonstrate how they give back to their local communities and [...]
Last week, I had the chance to visit with a participant in our Canvas Innovation Group. Our Innovation Group is an annual internal opportunity for our family members (how we refer to our employees) to [...]
Credit union lending and compliance leaders will learn practical strategies for complying with fair lending regulations at CUNA Fair Lending Virtual Workshop, Oct. 12 and 13. “Regulators are increasing their focus on credit unions’ compliance [...]
NAFCU Regulatory Affairs Counsel James Akin Wednesday wrote to the Federal Reserve in response to its proposed amendments and modifications to Regulation J pertaining to the release of the FedNow service to offer support for [...]
The path of the global and domestic economy continues to vex us in the relatively uncertain COVID-19-recovery world. The only precedent that might guide us is the end of World War II. However, at the [...]
Usually, inflation isn’t too bad. In the past decade, for instance, prices have risen by less than two percent a year. In the wake of the pandemic, however, prices have risen about 5 percent [...]
Providing your employees with robust health benefits is one of the surest ways to maintain a happy and healthy workforce and remain competitive in the current labor market. The slight downside of having great employee [...]
Payments modernization strategies can be tricky. On the one hand, many organizations, from large multinational banks to smaller local credit unions, have well-established payment operations to support existing volume and products today. On the other [...]
Do you often check your phone for notifications? Are you reading this article from your phone? If your answer to both of these questions was “yes,” don’t be surprised. Mobile devices have become a [...]
The Delta variant is surging, raising the specter of another onslaught of widespread shutdowns as a growing list of schools return to virtual learning and many retail businesses report staff shortages so critical it’s [...]
