A SAFE trip through a virtual conversion
SAFE Federal Credit Union($1.3B, Sumter, SC) had been on the Fiserv DataSafe platform for 30 years when the South Carolina cooperative began its conversion to Symitar Episys in April 2019.…
Syndicated
House passes short-term funding bill as negotiations continue
The House passed a Continuing Resolution Wednesday to fund the federal government through Dec. 18, one week past the current scheduled expiration date of Dec. 11. The Senate is expected…
CUs: Join NAFCU’s Berger, senior leaders for 2021 look ahead
As 2020 winds down, NAFCU's Q4 Member Webinar provides credit unions with a unique opportunity to look ahead to the new year and hear key updates to finish the year…
NextGen Know-How: 3 planning exercises to start 2021 strong
I had big goals for 2020. In February, I started writing my leadership book, which was going to be my main project of the year. Then COVID-19 happened in March,…
PODCAST: ‘Indispensable financial technology partner’
When the coronavirus (COVID-19) struck, CO-OP Financial Services had to act quickly and deploy its workforce in a remote environment. But it knew it also had to continue to assist…
The CU DEI Collective announces results of election for remaining seats on inaugural governing body
The CU DEI Collective announced today the election of 6 new members to the governing body. The election brings the number of board members to 21 to reflect broad and…
Our financial literacy efforts get an ‘F’
If America were to get a grade in personal finance, it would be an “F.” According to Forbes, “Two-thirds of American adults can’t pass a basic financial literacy test.” But…
Your members are moving: Address change considerations
In honor of my husband and I finally closing on our home, let’s talk about everyone’s favorite activity: moving! First, you have to find a place to live that meets…
Eye on Payments 2020: Part II – Contactless payments rise during COVID-19
Amid the COVID-19 pandemic, consumers of all generations are looking for new ways to transact for everything from grocery shopping to retail purchases to dining out. In addition, with health…
How has the real estate industry stepped up safety during COVID-19?
COVID-19 is changing the way we do business and how we handle our personal lives. This year, we’ve seen both a global pandemic and record high home sales. How has…
NCUA sets board meeting schedule for 2021
The NCUA Board released its monthly meeting schedule for 2021 Tuesday. The board meeting calendar is posted to the NCUA’swebsitealong with the agendas, which are available one week in advance…
NAFCU shares support of NDAA, urges House to pass legislation
As the House prepares to considerthe fiscal year 2021 National Defense Authorization Act (NDAA), NAFCU Vice President of Legislative Affairs Brad Thaler urged the chamber to support and pass the…
Six steps for evaluating merger opportunities early on
Over the last decade, the number of credit unions has declined by approximately 30%;however, mergers dwindled during the first few quarters of 2020 as the many uncertainties forced CUs to…
Podcast: Anna Baskin & Wendy Beswick share their 2 cents on financial education
Financial Education. Most of us could all use a whole lot more of it. But, in today’s world of online information overload (and limited in-person contact), what’s the best way…
Three keys to better branding in 2021
Branding in 2021 is not going to look massively different than branding in previous years…it will just be about a thousand times more critical that you get it right. In…
Should it stay or should it go?
Core processing systems handle a vast volume of data each and every day. Credit unions have to store that data somewhere, and the pandemic has made securing such confidential information…
The impact of ‘negative rates’ on credit unions
Given the current low-rate environment, I’ve again been getting some questions on “negative rates” and the impact they would have on financial institutions, and more specifically interest rate risk modeling.…
Maximum impact: How to reimagine your credit union’s product strategy
Remarkable Credit Union · Maximum Impact: How to Reimagine Your Credit Union's Product Strategy Want to make a meaningful difference in your community? Maybe it’s time to align your impact…
Federal government funding, NDAA votes set for this week
Congress is expected to vote on the FY21 National Defense Authorization Act (NDAA) conference report this week and negotiations continue to fund the federal government past Dec. 11. Funding is…
More time to save on NAFCU’s 2021 conferences
Missed NAFCU's Cyber Monday sale? Another opportunity to save big on the association's 2021 conferences kicks off today. Take $300 off registrations for almost all in-person conferences with code INPERSON…
Relationships key to success
Relationships are a critical ingredient to the credit union’s success: the relationship the board establishes with the CEO and the relationships board members form among each other. Professionalism and a…
The ultimate gift guide for finance professionals
Whew! It’s definitely been a year for the books. Through it all, banks and credit unions have done incredible work to keep our economy afloat (we’re talking TOP of the…
Push back against overdraft/NSF fee demand letters
Fully disclosed overdraft programs have been widely accepted as a part of a community banking for more than a decade. When consumers understand how much of an overdraft limit they…
NDAA Conference Committee results
DCUC is a happy to report that under “Items that may be considered under unanimous consent agreement”… Here is an excerpt from the Joint Explanatory Statement within the Conference Report…