News Archives

NCUA releases OMWI annual report to Congress

NCUA releases OMWI annual report to Congress

NCUA released its Office of Minority and Women Inclusion (OMWI) annual report Wednesday detailing the agency’s progress in 2020 in advancing diversity, equity, and inclusion in its workforce. The report also highlights the agency’[...]

Use of split-dollar insurance plans grows

Use of split-dollar insurance plans grows

According to the 2021 update of “Non-Qualified Executive Benefits: A Guide for Credit Union Leadership,” the growth of split-dollar life insurance arrangements has outpaced that of other standard components of supplemental executive benefits packages. And [...]

What’s in a name: Chief Financial Health Officer

What’s in a name: Chief Financial Health Officer

IH Mississippi Valley Credit Union ($1.7B, Moline, IL) is helping members achieve financial health and wellness by focusing on the organization first, then reaching out to its circles of stakeholders. Executing on that philosophy [...]

Is working with a PEO right for your business?

Is working with a PEO right for your business?

According to a survey of 500 managers in the U.S., the majority of managers feel too overwhelmed with administrative tasks such as time tracking and submitting expense reports to properly attend to their roles. [...]

HBCU’s are worth recognition

HBCU’s are worth recognition

Historically Black Colleges and Universities (HBCUs) are more important than ever. Perhaps you are wondering: “Well, what exactly is an HBCU? Or maybe you are saying to yourself: “Renee, why are HBCUs important to the [...]

It’s not you. It’s me, Zoom.

It’s not you. It’s me, Zoom.

Zoom fatigue. You feel it. I feel it. It’s been over a year of working from home and virtual meetings have all but replaced office visits. And are you noticing how exhausted you seem [...]

Longer CU loan maturities could make education more affordable

Longer CU loan maturities could make education more affordable

Bipartisan legislation extending the loan maturity limit for federal credit unions would help more credit unions enter the student lending sector, CUNA wrote to the Senate Banking, Housing and Urban Affairs Committee Tuesday. “Total student [...]

NAFCU to honor CU champions with new award

NAFCU to honor CU champions with new award

As credit unions' leading federal advocate, NAFCU is launching a new award – the Congressional Credit Union Champion Award – to thank members of Congress for their support of the credit union industry and efforts to create [...]