In light of accelerating industry trends and the COVID-19 pandemic, we gave ourselves a challenge: Create a unique credit union concept and build our own vision for the branch of the future from the ground [...]
Right now, credit unions’ competitors face the same market challenges as credit unions themselves. This fact means credit unions could gain or lose some competitive advantages going forward. Some big banks and online banks are [...]
Earlier this year, the Foundation and CUNA hosted the eSchool: Putting Empathy into Action During a Pandemic. After attending the eSchool, Foundation supporter BECU asked about the opportunity to scale the empathy lessons within their [...]
Next week, NAFCU kicks off its first ever virtual Regulatory Compliance School. In honor of School, let’s go back to basics and review what it means for a transaction to be unauthorized under Regulations [...]
Data intelligence helps facilitate action. Whether we want to admit or not, artificial intelligence is rapidly becoming a part of our day-to-day lives as consumers are routinely inundated with personalized solutions that adapt and respond [...]
For years, September has brought a steady rhythm to the workplace: As households get back to regular routines and summer trips come to an end, organization-wide meetings, conferences, and trainings come back to life. With [...]
Credit unions love to talk about (and rightfully so) the member-owners that make our industry so unique and differentiated for consumers. Having member-owners is a distinction upon which our industry must never lose focus. However, [...]
While marijuana has been legalized to varying degrees in 33 states (as well as the District of Columbia and Puerto Rico), many financial institutions remain hesitant to offer banking services to marijuana-related businesses (MRBs) because [...]
The coronavirus pandemic has dramatically shifted the way we do business. Especially for those in marketing and public relations for credit unions. Many of the traditional ways of reaching our members had to be sidelined [...]
The last few months have demonstrated the cooperative nature of credit unions, NCUA board nominee Kyle Hauptman told members of the Senate Banking Committee Tuesday. Hauptman, a native of Maine and current economic advisor to [...]
The Federal Housing Finance Agency (FHFA) Monday released updated housing goals, confined to the 2021 calendar year, in light of the coronavirus pandemic and the uncertainty surrounding its economic impact. The goals remain unchanged for [...]
With plans continuously in flux amidst the evolving pandemic situation, nearly every credit union is re-evaluating strategies across the board. With no guide for the array of new challenges, collaborating and sharing best practices has [...]
Unemployment insurance supplements from the federal government will likely be cut off from tens of millions of Americans next week after Senate Majority Leader Mitch McConnell said he did not expect lawmakers to reach a [...]
The availability of funding for small businesses is essential to keeping local economies afloat. In a 2019 Forbes article, writer Nish Acharya notes: “Across America, cities, states, and regions have spent the last decade transforming [...]
The popularity of workplace wellness programs has skyrocketed over the last several years. In fact, nearly half of U.S. workplaces offer some type of health and wellness program.1 Wellness programs are vast in [...]
