News Archives

Participate in the fight against NIM compression

Participate in the fight against NIM compression

During the past year, net-interest margin (NIM) compression has become a pervasive challenge for many credit unions.  More broadly, many credit unions are experiencing difficulty generating sufficient revenue because of a lack of interest income [...]

NCUA

McWatters resigns from NCUA board

J. Mark McWatters resigned Friday from his position on the board of the National Credit Union Administration. McWatters has served on the NCUA board since his nomination by then-president Barack Obama in 2014. CUNA President/[...]

NAFCU, 100+ trades to Congress: Simplified PPP forgiveness would support economy

NAFCU, 100+ trades to Congress: Simplified PPP forgiveness would support economy

NAFCU joined with more than 100 trade groups – representing financial services, small businesses, and other key industries – in a letter Thursday urging congressional leaders to "immediately address the overburdensome Paycheck Protection Program (PPP) forgiveness process [...]

It’s a wonderful credit union life

It’s a wonderful credit union life

During this time of year, we are reminded of the importance of community, giving back, showing gratitude and the power of traditions. In a year with so many changes, it seems people are eager to [...]

The multicultural opportunity in financial advising

The multicultural opportunity in financial advising

People of color are drastically underrepresented when it comes to financial advising, both in advising and receiving these services. That means less access to the resources and systems that can make financial stability and generational [...]

How to implement experiments into your business innovation

How to implement experiments into your business innovation

Innovation is a key part of growing businesses. Great leaders are constantly seeking opportunities to improve products and services to better meet members'/customers' needs and encouraging employees to have an innovative mindset. To do [...]

How credit scoring works

How credit scoring works

Knowing the basics about credit scores and reporting will help you develop smart credit habits and make effective decisions for your financial future. Over time, these good credit habits and decisions should have a positive [...]