Syndicated

Robyn Cousin’s voice is a powerful tool, and she uses it to make a difference and advocate for those who need it most. “I can influence the direction and the…

With each year, the number of small community banks dwindles as institutions are absorbed by larger institutions or merge amongst themselves to gain scale. Credit unions, many of which are…

What has been the most frustrating aspect you have encountered working in a remote setting since the pandemic began? Lack of interaction or connection with others? Too many distractions? Too…

THINK is back—live and in-person. CO-OPTHINK 22, May 2-6 in Chicago, will feature our signature lineup of keynote speakers who bring the best thinking from across industries to our audience…

On January 26, 2022, the Consumer Financial Protection Bureau (CFPB) issued astatementannouncing that it had launched an initiative to reduce what it calls “junk fees.” The CFPB explained that junk…

Sustainable finance has become the fastest, growing concern for credit unions and its potential regulation. Sustainable financeregulations would be more favorable to financial inclusion, made possible by Panya Monford and…

The NCUA BoardThursdayapproved by a 2-1 vote a proposed rule requiring the board of directors of a federal credit union (FCU) to establish a process for succession planning. In addition,…

The 2022 tax filing season is in full swing at the IRS. And although doing one's taxes is a near-universally dreaded task, there is a glimmer of good news: It…

In 2022, financial institutions will be especially vulnerable to losing small business banking clients to newer and sleeker fintech providers. This bolddeclarationcame fromThe Financial Brandin early January and kicked off…

At the beginning of the month, the National Credit Union Administration’s (NCUA) risk-based capital requirements and complex credit union leverage ratio (CCULR) went into effect. Today’s blog will discuss the…

Effective March 19, 2021, Nacha’s account validation rule requires ACH originators of WEB entries to use a commercially reasonable fraud detection system to verify new consumer account information. WEB debit…

We’re not going to sugarcoat it. Diving into the world of data analytics is a big, huge step, but if you want your credit union to not only survive, but…

You may think you know yourself, until one day you realize you don’t. In life, new obstacles, opportunities, and influences taint our judgments of the outside world. As we get…

NCUA issued a proposed rule on succession planning and heard briefings on supervisory priorities and the Central Liquidity Facility (CLF) Thursday. The board also finalized a rule on statutory inflation…

Fannie Mae wrote to the Federal Emergency Management Agency (FEMA) earlier this month to urge the agency to set federal standards for how home sellers disclose flood risks to potential…

Credit Union of Southern California(CU SoCal) in Anaheim ended 2021 by giving out a pair of bonuses to every employee. The $2.1 billion asset credit union issued a holiday bonus…

We’ve all seen the “Big Check” photos. Credit unions commonly post them to their websites and social media accounts to demonstrate their commitment to the community. While these photos are…

As our country fights through a global pandemic, many of your members may be trying to determine the best way to save for their current health care expenses and for…

Every year IT departments across the country face new and old challenges alike, everything from managing staff budgets to projecting infrastructure needs. However, 2022 is presenting some very specific issues…

There’s often a tradeoff between capital and independence. Brian Hamilton is experiencing that first hand, having just agreed to have his innovative neobank, ONE Finance, become part of the fintech…

Inside of one work week, Keri Fitzpatrick, a cook at her local middle school in Peterborough, N.H., was penalized for the $175 she didn’t have in her bank account. Her…

Sustainable finance will become an increasing area of focus for national-level regulators across the globe this year as financial institutions expand investments in clean energy loans and other environmentally-friendly products.…

The Department of Labor's Occupational Safety and Health Administration (OSHA) Tuesdaywithdrewits vaccination and testing emergency temporary standard (ETS), previouslyissued in November. Although OSHA has withdrawn the vaccination and testing ETS…

Over the last couple of years, credit unions have experienced impressive growth. In 2020,membership surged by nearly 30% worldwide, and this past year,total assets topped $2 trillion as membership hit…