News Archives

BPO: The “O” stands for opportunity knocking

BPO: The “O” stands for opportunity knocking

Housing demand is still going strong, and a recent survey from Ernst & Young predicts a Millennial-led car ownership boom on the horizon. As Coronavirus infection numbers continue to fall in the U.S., lenders [...]

Lorence: CU growth begins with consumer journey

Lorence: CU growth begins with consumer journey

The Open Your Eyes to a Credit Union® campaign has reached billions of consumers who are “in-market” for a financial service, Credit Union Awareness Executive Director Chris Lorence wrote recently in Credit Union Times. “The [...]

House passes debt collection bill

House passes debt collection bill

The House Thursday passed legislation making a series of reforms to debt collection requirements. While NAFCU supports efforts to stop abusive debt collection practices, the association had raised concerns about language contained in the bill [...]

All or nothing? Not anymore.

All or nothing? Not anymore.

Because most banks and credit unions are still running on legacy technology, they are more than a little reluctant to give maintenance capabilities to all employees. Why? Because when they open up access, it’s [...]

ACH transfer fee class action lawsuit

ACH transfer fee class action lawsuit

In March 2021, plaintiffs’ attorneys filed a class action lawsuit against Bank of America asserting that certain fees assessed for making automated clearinghouse (ACH) transfers were improper and should be refunded to consumers. Pointing to [...]

How to get the most value out of 1-on-1s

How to get the most value out of 1-on-1s

We've been working in a strange environment the past year. For many of us, we've moved our offices fully remote and are just now starting to plan what a return to the office looks like. [...]

3 ways to right the ship

3 ways to right the ship

2021. It's not 2020 but it's definitely had it's share of frustrations. Have you looked at the state of your credit union lately? How are things going? Are your members hanging in there? How about [...]