A little cyber hygiene stops big problems
T-Mobile. Colonial Pipeline. Acer. What do they all have in common aside from being multibillion dollar companies? They’ve all been hacked in recent months due to poor cyber hygiene. As…
T-Mobile. Colonial Pipeline. Acer. What do they all have in common aside from being multibillion dollar companies? They’ve all been hacked in recent months due to poor cyber hygiene. As…
Last week, Bank of America Corp.’s head of U.S. equity and quantitative strategy, Savita Subramanian, said something very interesting about the S&P 500: “The S&P 500 has essentially turned into…
Sometimes the effort credit unions take to protect themselves creates the opposite effect — the effort itself harms the organization’s best interests and the interests of those you dedicate yourselves…
Credit union attorneys can earn up to 12 CLE credits, including two hours of ethics credits, by attendingCUNA Attorney's Virtual ConferenceOctober 26-28. “Whether you serve as an in-house counsel or…
NCUA Board Member Rodney Hood spoke Tuesday at NAFCU’s 2021 Congressional Caucus and shared insights on the importance of transparent communication between members, credit unions, and regulators and the impact…
I’m going to give you a system that allows you to achieve your greatest visions. I’ve uncovered this process by using it: In 2015, I founded an innovative addiction treatment…
Cyberattacks, frequent weather events, a global pandemic. The types and frequencies of disasters that impact the modern IT environment have increased over the past year. Have your Business Continuity and…
Banking used to be associated with standing in line in a financial institution’s lobby and making small talk with a teller while they deposited your check or withdrew money from…
Successful loan officers regularly commit to business development throughout the year to build their future pipeline. Here are nine best practices for cultivating your mortgage business. 1. Focus on Purchase…
You may have considered identity protection measures for yourself. But how about for your children? Children can’t apply for credit on their own until they’re 18, and they likely have…
Finding new ways to improve business processes is a great way to boost profitability, but it also requires credit union leaders to step outside of their comfort zone, which is…
The world…oh boy, it’s changing at a pace that’s given most of us chronic whiplash. And when it comes to your credit union’s member experience, adapting quickly to meet today’s…
A credit union in the southeast United States has always been proud of its long history of serving its community. With a unique mix of charm and world-class financial services,…
The Treasury and Federal Housing Finance Agency (FHFA) Tuesday announced the suspension of several parts of the 2021 Preferred Stock Purchase Agreements (PSPAs). CUNA brought credit union concerns to the…
Sessions from NAFCU's Congressional Caucus began yesterday with welcome remarks and an industry update from NAFCU President and CEO Dan Berger, followed by a special Q&A with keynote and political…
Starting when I was a child up until a few years ago, I had a safe deposit box. In it, I stored a coin collection, mostly silver dollars, a raised…
We’ve all heard the term user experience (UX) a lot in recent years, but what does UX actually mean for financial institutions and theirdigital payments platforms? In this blog post,…
I double dog dare you…to implement a culture thatactually delivers. Diving into that realm does require chutzpah — from a leader who’s willing to go where others don’t. Lucky for…
Strategists atAlabama Credit Union($1.3B, Tuscaloosa, AL) figured they were on the money when the cooperative integrated a credit score app into its member-facing digital displays, and they were right. The…
Monitoring borrowers’ auto insurance helps the financial institution understand theirrisk of uninsured losses, and enables them to make informed decisions for mitigatingthat risk and improving their bottom line. Having a…
Credit union loans outstanding increased 0.8% in July, compared to a 1.0% increase in June of 2021 and a 0.7% increase in July of 2020—according to CUNA’s latestMonthly Credit Union…
Anindependent studycommissioned by NAFCUreleased todayexamines the benefitsbrought to consumers, businesses and the U.S. economy by the credit union federal income tax exemption. Specifically, the study found that removing the tax…
Illiana Financial Credit Unionbegan to notice changes in the population across its service area in the Southern Chicago suburbs in 2013. Three of its four branches were in areas with…
There’s plenty of research to suggest the pandemic accelerated the adoption of digital tools in the credit union space. Now that members have discovered the convenience of digital tools, many…