Syndicated

It’s officially spooky season!It gets dark earlier in the day, the moon was full last night, scary movies are all the rage, and all sorts of creepy crawly costumed creatures…

When a credit union executive cites successfully deploying Office products during a pandemic as a major accomplishment, that’s a sign they’re a committed back-office person, someone responsible for the smooth…

Eligible low-income credit unions (LICUs) may accept 30-year subordinated debt investments from the Treasury’s Emergency Capital Investment Program (ECIP), as detailed in aletter to credit unions (21-CU-11) from NCUA. ALICU…

House Financial Services Committee Member Rep. Tom Emmer, R-Minn. and 201 Members of Congress yesterdaywrote to Treasury Secretary Janet Yellenexpressing concerns associated with the proposed threshold increase from $600 to…

There’s a great line in the movie The Princess Bride: “You keep using that word. I do not think it means what you think it means.” “Inconceivable” is the word…

As a big fan of vitamin D and ardent supporter of my own mental health, I start dreading the end of daylight saving time sometime around July. In my mind,…

Regulators are gearing up to ask questions about how financial institutions are managing climate change risk. While NCUA to date has not published any specifics on the subject, there are…

With many Zoomers new to banking products and services, there is much to learn about what financial institutions can do to appeal to them specifically. In this podcast, two speakers,…

There was so much good material at the 2021 Innovation Spotlight event, I could write for weeks about all the smart things I heard there. In keeping with my favorite…

Diversity, equity and inclusion (DEI) may be the phrase of the year – and with good reason. After centuries of insidious, systemic, seemly insurmountable racism in the U.S. we’re at…

Good or bad, people don’t enter the workforce with a fixed moral character. Employees can nurture their skills and abilities over time, molding themselves to be more ethical. This starts…

CUNA wrote insupportof a bill from Sen. Tim Scott (R-S.C.) Thursday that would prohibit implementation of increased financial institution reporting to the Internal Revenue Service (IRS), the Prohibiting IRS Financial…

In a new message to member credit unions, NAFCU Senior Vice President of Government Affairs Greg Mesackcalled on credit unions tourge Congress to oppose the proposed IRS reporting requirement. Mesack…

You’ve likely seenApple’s recent adstouting its privacy options and the ability for consumers to choose who tracks their data. And, as a consumer, you’ve probably felt just like Felix in…

Credit unions around the world are finding a variety of ways to recognize and celebrateInternational Credit Union (ICU) Day. The 73rd annual event, which started in 1948, was held on…

As we continue our National Cybersecurity Awareness Month journey, the third week’s theme focuses on cybersecurity career awareness. The industry is a hub of skills, experience, backgrounds, and perspectives. While…

Many credit union compliance professionals are familiar with Suspicious Activity Reports (SARs).Section 748.1(c)of the NCUA regulations, andsection 1020.320of the FinCEN regulationsrequirea credit union to file a SAR in certain situations.…

What a decade in financial technology can do. What was once defined as alternative lenders or direct-to-consumer “disruptors” in industry-speak, fintech has evolved along with thefinancial services industryto include any…

Some interesting things happen in Williamsport, PA. For one thing, it’s the home of the Little League World Series. For another, it’s where a not-so-secret secret sauce of culture and…

CUNA wrote insupportof a House bill Wednesday that would prohibit implementation of increased financial institution reporting to the Internal Revenue Service (IRS), the Prohibiting IRS Financial Surveillance Act (H.R. 5586).…

The Federal Reserveearlier this monthannouncedthat it will adopt the ISO 20022 message specification for the FedWire Funds Service, using a single-day implementation approach that leverages a controlled testing environment. Thenoticealso…

Employee engagement and culture are important issues for any organization and are especially significant for credit unions, where ethics are already the “raison d’etre.” Giving employees the opportunity to be…

Credit unions around the world are preparing to celebrateInternational Credit Union (ICU) Dayon Thursday, Oct. 21. The annual event, which started in 1948 and is held byCUNAand theWorld Council of…

Like any other business investment, it is easy to frame your decision to conduct an AWS migration or not by just looking at the numbers. But, as with most things…