Untangling CTRs
Last week, I had the pleasure of presenting at NAFCU’s Regulatory Compliance and BSA Seminar. My presentation was different than the normal lecture style of presentations at NAFCU Conferences. Instead,…
Last week, I had the pleasure of presenting at NAFCU’s Regulatory Compliance and BSA Seminar. My presentation was different than the normal lecture style of presentations at NAFCU Conferences. Instead,…
The European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) joined the Croatian Credit Union Association to convince key policymakers in Croatia’s capital to address the…
The NCUA recently announced 142 low-income and minority depository institution (MDI)-designated credit unionsreceived $3.1 millionthrough the Community Development Revolving Loan Fund (CDRLF). “These grants have a track record of success,”…
You are undoubtedly aware of the artificial intelligence revolution we are all living through. Even though popular tools like ChatGPT have only been out for about a year, they've already…
The long moratorium on student loans (which began in March 2020) is ending. Starting in October – just a couple days from now – people will have payments due on…
Strategic planning is just around the corner and organizational transformation is a topic for many financial institutions. Allied's EVP, Chief Strategy & Technology Officer Dave Hilger joins the pod to…
Artificial intelligence took a monumental leap forward with the launch of ChatGPT on Nov. 30, 2022. In an instant, machine intelligence became useful to the masses, capturing the imagination of…
This is the third in a three-partseriesto help prioritize issues facing credit union leaders, offering actionable tips to help grow your Wealth Management department. In today’s digital age, there’s never…
October is Cybersecurity Month, and as such, I can think of no better time to reassess where our industry is and where it’s going in regard to cybersecurity. Earlier this…
The African-American Credit Union Coalition (AACUC) will induct five credit union leaders into its African American Credit Union Hall of Fame during its Hall of Fame Induction Ceremony during the…
As member-focused financial cooperatives, credit unions have long been critical support systems in the communities they serve. Beyond traditional financial services, they provide education, guidance and often act as referral…
Co-op Solutions’ more than 1,800 employees – dedicated to the success of credit unions – are led byDean Michaels, who was promoted to President/CEO on September 18. Previously serving as…
Congress was able to reach an agreement on government funding over the weekend, averting a government shutdown before funding expiredat midnight on Saturday. The continuing resolution funds the governmentthrough Nov.…
From digital wallets to palm payments, glitzy retail payment innovations often grab headlines. But a new study from Capgemini suggests an even bigger revenue opportunity for the banking industry can…
Visa and Mastercard are set to raise credit card processing fees in October 2023 and again in April 2024. So, many small business owners are, of course, concerned about the…
At the core of a good relationship is trust, and building trust must be part of your intent when starting a new relationship. Especially in business relationships, this is important.…
I had a great chat Wednesday during our first virtual forum with CEOs from NAFCU-only credit unions. I appreciated the honest feedback, and I hope to hear from more of…
Most credit unions are fiercely committed to their local communities, and we think that’s great. Sometimes, though, it’s important to take a few steps back and broaden our perspective. That’s…
NAFCU Senior Vice President of Government Affairs Greg Mesack, Vice President of Legislative Affairs Brad Thaler, and representatives from several financial trade organizations met with House Financial Services Committee Ranking…
Whether it be blog posts serving to inform and educate the community or new lines of products available for sale, your customers can get a grasp on what is important…
There’s a lot to manage as a college student, between classes, homework and a newfound freedom that is as exciting as it can be disorienting. Financial freedom is yet another…
Names are important forso many reasons. But despite their importance, many credit unions don’t undertake name change projects. Why? One reason may be the credit union naming process intimidates them.…
In the midst of looming uncertainty over a potential government shutdown, the role of credit unions as pillars of financial stability, gains even more significance. As not-for-profits, credit unions have…
NCUAawarded$3.1 million in Community Development Revolving Loan Fund grants to 142 low-income and minority depository institutions. “For 2023, Congress provided more funding and allowed MDI-designated credit unions to qualify for…