This past week marks the third installment of stimulus check payments issued by the government. With President Joe Biden's $1.9 trillion stimulus bill, tens of millions more payments are yet to come, including EIP [...]
Spring has a way of brightening our spirits. There’s a sense of renewal as we look forward to sunnier days ahead. This spring in particular, that hopeful feeling is heightened in many of us. [...]
American communities are resilient. Year after year, no matter the challenges, they band together to recover and rebuild, becoming ever stronger. As steadfast community partners, credit unions have proven to be vital in this effort. [...]
A group of 29 Senators introduced the Secure and Fair Enforcement (SAFE) Banking Act Tuesday, a week after the same bipartisan bill was introduced in the House. The bill would provide protections for financial institutions [...]
NAFCU's Virtual Regulatory Compliance School resumes today with sessions focused on mortgage origination and consumer lending regulations. In addition, those working to obtain the prestigious NAFCU Certified Compliance Officer (NCCO) designation have more opportunities to [...]
It’s April 2021 and your board retreat approaches. Half of your board members—and all of those over 65 or with chronic health conditions—have received a COVID-19 vaccine. New COVID-19 cases have dropped [...]
Enrichment Federal Credit Union ($652.0M, Oak Ridge, TN) helped bail out nearly 400 small businesses through the Paycheck Protection Program but says it’s now time to move on. According to Craig Peters, CEO [...]
Few banks in the United States are willing to dabble in the student lending space. “Most banks wouldn’t give 17-year-olds $10,000,” said Christine Roberts, head of student lending at Citizens Bank. Citizens Bank [...]
As we mark one year of tracking the economic impact of the COVID-19 pandemic, year-over-year debit and credit performance trends will now be influenced by the significant shifts in consumer behavior from the past 12 [...]
A year ago, organizations around the country scrambled to limit in-person work. Remote work boomed. But do credit union work from home policies cause employee burnout? Yes and no. Here’s the reality of the [...]
Improving people’s financial well-being takes creativity, commitment and a culture of service. These are the stories of credit unions and how they are putting people’s financial well-being at the center of their strategy. [...]
Your goal is helping credit union members live their best financial life, and that starts with investing in your employees. What if you could team up with a top-ranked institution to help employees increase their [...]
The recent sexual harassment allegations against New York Governor Andrew Cuomo provide clear examples of how not to be an inclusive leader. His response is demonstrative of a person who—at a minimum—has not [...]
Board governance has always been a top-of-mind issue for executives at credit unions. Today, however, it is more critical than ever to make sure that your new board members are formally and effectively onboarded, and [...]
Many credit unions are actively recruiting bilingual talent at all levels (from tellers all the way to the executive suite!) to better serve their linguistically diverse members. However, they are facing the same problem that [...]
