Using knowledge to ‘carry one another’
Brian Castle never underestimates the value of knowledge in changing lives. Castle is vice president of real estate at $63 million asset Pine Bluff (Ark.) Cotton Belt Federal Credit Union.…
Brian Castle never underestimates the value of knowledge in changing lives. Castle is vice president of real estate at $63 million asset Pine Bluff (Ark.) Cotton Belt Federal Credit Union.…
With Valentine’s Day just around the corner, you’ve probably been seeing heart-shaped chocolates and cards everywhere you look. But, did you know that February is also American Heart Month? Your…
Last week, the Federal Reserve System published the latest edition of the Consumer Compliance Outlook. This issue includes an article entitled HMDA Data Collection and Reporting: Keys to an Effective…
Just how scared should banks and credit unions be of fintechs, big techs and others? It’s far from an idle question. The head of Chase made headlinesin mid January when…
The healthy and transformative relationship between Machine Learning (ML) and cybersecurity continues to unfold in front of our eyes. As our world becomes increasingly digital, the demand for ML and…
As a member of theCO-OP SmartGrowth Team, I’m constantly asked by our credit union clients what the future of credit and debit spending will look like after the pandemic is…
The National Credit Union Foundation has announced the addition of AndréT.Parraway, CPAas the new Chief Financial and Operations Officer effective February 1. “We are excited towelcomeAndréto the Foundation team,” said…
The Federal Reserve's fourth-quarter senior loan officer opinion survey (SLOOS) revealed that banks expect to ease lending standards this year, following a year-long trend of tightening due to the economic…
A great leader I know once told me—and my own experience has borne out—that your people may not always do what you ask them to do, but they will almost…
Kelli Holloway expected her college scholarship from State Employees’ Credit Union (SECU) Foundation, Raleigh, N.C., to lead to a career as a lawyer. Instead, it led her to become vice…
Super Bowl Sunday is almost here! I get pretty excited about the culmination of football season, and while I’m disappointed my former team, the Green Bay Packers, didn’t make the…
To all the marketing and retail banking executives out there who may be feeling like their institution will soon be left “eating dust” as the rest of the world roars…
While the COVID-19 pandemic has propelled consumers of all ages to transact in new ways, there are still some notable differences in how different generations prefer to pay. Welcome to…
There are three on-going challenges facing the credit union system: Attracting the next generation of passionate co-op entrepreneurs Planting new charters to spark innovation and relevance Enhancing opportunities for those…
Both chambers of Congress are in session this week, and CUNA will be engaged with several committee hearings. Congress will also continue negotiations on economic stimulus legislation due, including a…
The NCUA in January issued two prohibition notices, prohibiting individuals previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution. Violation of a…
As more credit unions firm up their data analytic foundations, excitement over early wins may fuel speculation about what else is possible on the business intelligence front. What other organizational…
Bill Bynum never has to look far for inspiration at Hope Credit Union in Jackson, Miss. Each loan and every account tells a story. One of Hope’s early business loans…
Back in June, lenders from five credit unions of diverse size and geography talked with CreditUnions.com about what was then a global pandemic. Now, we know it was only the…
The economic and pandemic crisis has sped up the transformation of the financial services industry and opened deep chasms of uncertainty. Driven by consumers young and old (and small business…
Now that COVID-19 vaccines are being distributed nationwide, it’s only a matter of time before credit union employees will be going back to their offices, where they will once again…
The regulatory agencies are back with yet another noteworthy development relating to Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance. This time, the development comes in the form of…
It’s common sense 101 for today’s banks that, to succeed, they must first identify, attract, and retain profitable customers. What’s not always as clear is the best way to go…
Eligible credit unions interested in the U.S. Department of the Treasury’sEmergency Capital Investment Programcan get valuable information during an upcoming webinar hosted by NCUA on February 3 starting at 2…