We have blogged about the Consumer Financial Protection Bureau’s (CFPB) new general qualified mortgage (QM) definition a couple of times. The new general QM definition replaced the 43% debt-to-income ratio…
It's easy to underestimate the power of communication. It isn't something we're aware of at all times – from our body language to our tone to our word choice, communication…
Much like Captain Ahab chasing the white whale, or Don Quixote tilting at windmills, banks and credit unions spent the better part of a decade searching for what exactly Millennials…
Sens. Tina Smith (D-Minn.) and Ben Sasse (R-Neb.) introduced a bipartisan bill, the Credit Union Employee and Member Safety Act Thursday. The bill would update the credit union member expulsion…
NAFCU joined with several other trade associations spanning various industries this week to urge lawmakers to oppose legislation that could hurt consumers, small businesses, and employees by removing arbitration provisions…
The COVID-19 pandemic will be remembered in the future as one of the most uncertain times faced by individuals, organizations and industries around the world. From unique lockdown measures to…
Among regulators’ biggest concerns about cannabis banking is the prospect of credit unions having to divest these assets due to a changing regulatory landscape, says Doug Fagan, president/chief financial officer…
1. Go digital and engage with younger generations Millennials and Generation Z are not so different: they both share the need for a financial partner that can help them organize…
Founding and owning a successful business doesn’t necessarily insulate someone from potential financial difficulties. Indeed, balancing the needs of the business with personal financial needs can be an ongoing challenge.…
You have a brand, and you have a marketing strategy in place to get your message out to the masses. If you’re like many of us, what you don’t seem…
In August 2020, after spending 13 years atLeominster Credit Union($815.9M, Leominster, MA), John O’Brien announced he would end his nearly eight-year-stint as CEO on Nov. 30. To take the helm…
If you’ve made the hard choice to file for bankruptcy, you may be wondering about the impact on your credit. Specifically, how long does bankruptcy stay on your credit report?…
Jim Marous:Hello and welcome to banking transform solutions, a new podcast that provides financial institutions insight into marketplace solutions that can help organizations for the digital banking transformation. I'm your…
CUNA submitted a comment letter on Wednesday in response to the Consumer Financial Protection Bureau’s (CFPB) proposal to delay the implementation date of the Debt Collection Final Rule. The Bureau…
NAFCU President and CEO Dan Berger wrote the NCUA Board Tuesday detailing several of the association's priorities to ensure credit unions can effectively support members recovering from the coronavirus pandemic…
As we come out of the COVID-19 pandemic and continue to adapt to changing economic conditions, it is difficult to predict when, or how quickly, a member’s financial picture will…
If you want to win at content marketing, you need to create a compelling brand personality and deploy it across your various content platforms. While a compelling brand personality is…
Few recent banking trends have been as well documented as the accelerated shift to digital. Accenture Research has found that the percentage of consumers who say they use mobile banking…
As communities begin to recover from the effects of COVID-19, employers and their workforces are looking for ways to make a difference. This is where corporate social responsibility comes into…
The first edition of the Fed’s Consumer Compliance Outlook has been released, with the main article addressing Regulation Z’s advertising requirements. The article explains the requirements that apply to all…
There’s something old and reliable about the annual Spring and Summer real estate boom. Like clockwork, buyers and sellers come out of the cold eager to upgrade, downsize, or refinance.…
The voting period for two contested CUNA Board special election positions has ended. The following individuals have been elected and will take office immediately, to serve for the remainder of…
The NCUA yesterday issued a Letter to Credit Unions instructing credit unions to begin to transition away from using the London Inter-bank Offered Rate (LIBOR) and complete the process no…
At last month’s Hearsay Summit, Director of Content Strategy Gabrielle Levin joined Hannah Bland, Digital Marketing Manager at Aviva Investors and Tim Rickards, Director of Marketing and Client Engagement at…