Syndicated

The banking environment today is far from normal. And it likely will never be “normal” again. Being able to adapt is a critical marketing skill as institutions ride the Covid…

Getting ahome equity loan or a home equity line of credit (HELOC)is an excellent way to leverage the equity built up in your home. However, it’s also risky. You’re putting…

Many CFOs and leadership teams of eligible credit unions are evaluating whether secondary capital might be a strategic fit for their business models. Here are twoscenariosto consider: Scenario1 – Wewant…

Wendy’s digital marketing team has always been impressively in-tune with what the internet likes. They’ve long since become well-known for roasting people on Twitter, and to top it off?They’re actually…

The World Council of Credit Unions continued to successfully advocate before international standard setting bodies on behalf of the global financial cooperative movement in 2021. Here are World Council’s top…

Members of NAFCU staff Tuesday met with the CFPB to discuss the Compliance Management System Information Technology (CMS-IT) exams. Theexam procedureswere published by the CFPB in September and provided an…

If you’re new to the United States, you’ve probably got a lot on your mind. There’s plenty to do to get settled, including getting your finances in order. Establishing and…

Ask a freaking question. It’s the most important rule I share prior to facilitating astrategic planning session. If during the planning session someone says, “We need to grow loans,” rather…

What would your bank or credit union do if suddenly you lost access to all of your critical member and operational data? Could your business recover? Sounds like a nightmare…

In preparation for authoring a new book, I have spent the last several months interviewing top CEOs from around the world. As I stepped back and looked across the hundreds…

The Zoom chat went wild with messages of support when panelist Jill Nowacki, CEO ofHumanidei + O’Rourkesuggested during the first-everCUES RealTalk!program that organizations could set the tone for gender equity…

When it comes to being a parent, it’s never too early to start having age-appropriate talks with your children about money. With adolescents, saving and budgeting comes to mind, but…

CUNAsupportsa proposed accounting standards update from the Financial Accounting Standards Board (FASB), it wrote FASB in late December. The proposed update would eliminate Troubled Debt Restructuring (TDR) accounting requirements for…

NAFCU Senior Regulatory Affairs Counsel Kaley Schafer Mondaysent a letter to the CFPBin response to the bureau’s strategic plan for fiscal year 2022-2026. The CFPB first issued its proposed strategic…

Maurice Smith is an “eternal optimist.” Yet he worries that credit unions could “lose their relevance” in the minds of members. “Without distinctiveness, we lose a little bit of our…

The way in which consumers make purchases and interact with their credit union continues to evolve. Thanks to the COVID-19 pandemic and its effects on the economy, many consumers’ wallets…

Going into 2022, it’s imperative that banking gets to know Gen Z (born between about 1996 and 2010) much better than they do now. Student Beans, a student loyalty network,…

So you’ve come up with an idea for anew business. But where do you get the money to get your business started? If you’re intimidated by the step of gaining…

In mylatest white paper, I take a deep dive into current data to identify the following opportunities and concerns for banks, credit unions, and other lenders in 2022: Loan demand…

With Senator Joe Manchin’s (D-WV) announcement that he cannot support the budget reconciliation package – the Build Back Better Act (BBBA) and Senate’s decision last month to push any further…

The names each of us have matter a lot in how we present in the world. Some people get nicknames early in life that are used so much that their…

A closely-divided Congress and a midterm election combine for a great deal of uncertainty in 2022 in terms of legislative and regulatory activities, but there are a number of issues…

We are all aware of the great changes that have been occurring over the last couple of years. There have been many changes to our lifestyles, changes to our working…

As 2022 quickly approaches, credit unions are in for a significant change to their examination protocols. Back at the beginning of this year, the National Credit Union Administration (NCUA) ’s2021…