‘Be responsive to strategic plans’
The most important document board members review is not the monthly board packet, it’s the credit union’s strategic plan. “We see board books as retroactive of what happened instead of…
The most important document board members review is not the monthly board packet, it’s the credit union’s strategic plan. “We see board books as retroactive of what happened instead of…
Since they began supporting a statewide charity two decades ago, Massachusetts credit unions have reached a milestone of raising more than $2 million that supports ‘A Bed for Every Child’…
With a new year approaching, many people begin making resolutions to improve their lives. Many credit unions will use this as an opportunity to reconnect with their members and provide…
Tech start-ups trying to become banks will now have to take a slower, more traditional route. Fintech companies had welcomed a special bank charter that cleared a quicker path for…
What have Google and Amazon taught all of us? Simple is better. You can get information, answers, and product options by typing one word into your browser. Make one click…
At CU 2.0, we introduce a lot of fintechs and technology organizations to the credit union industry. To be honest, we’re still shills for the concept of digital transformation. But…
The 2020 CUNA HR & Organizational Development Council Awards are now accepting nominations to honor professionals in HR and organizational development for their outstanding leadership of their teams and at…
Following the Supreme Court's decision against hearing an appeal from Domino's Pizza – leaving in place a ruling from the U.S. Court of Appeals for the Ninth Circuit that Americans…
Recently, our firm assisted a client on the renewal of a core contract that could approach $130 million in total contract value if the financial institution hits its growth targets.…
Are you a military veteran? In honor of Veterans Day, CUNA News will share stories of people in the credit union movement who have served in the military and how…
A Texas federal judge sentenced Jimmy Dutchover, former president/CEO of the $13.5 million Reeves County Teachers Credit Union in Pecos, to eight months in federal prison for using his executive…
“How do we reach Millennials?” is a question we hear often from credit unions and banks, particularly this time of year during strategic planning sessions. It’s a great question, but…
RE: Rebuttal to “Why banks should be treated the same as credit unions on base.” For almost a century, defense credit unions have served service members and their families well.…
Refinancing your home can have many benefits, but the main one that typically entices borrowers is the potential to save money on monthly payments. For some, a refinance could result…
Paid media is coming back into its own as a strong marketing choice as the promise of other channels has faded or been assessed more realistically, according to a study…
Recently released mortgage data — courtesy of the Home Mortgage Disclosure Act (HMDA) — is a gold mine of insights on industry trends. Callahan & Associates has already written about…
Keeping credit unions compliant with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws is one of the most serious responsibilities compliance professionals face in our industry. Unfortunately, with…
CUNA will partner with the Financial Accounting Standards Board (FASB) for a Dec. 19 webinar on the current expected credit loss (CECL) standard, one of several CECL implementation workshops hosted…
Pushing back against a newly launched, anti-credit union "campaign" by the Independent Community Bankers Association (ICBA), NAFCU President and CEO Dan Berger immediately hit back at the ICBA's shady attempt…
This month, drive-thrus made national news as cities from coast to coast passed ordinances to ban future development. The rationale is to improve pedestrian safety and the quality of urban…
The credit union movement is stronger due to the three-tiered system that allows credit unions to speak with one voice on issues affecting the system. The tiers refer to credit…
Mastercard has announced that it is piloting a real-time payments program for businesses, and it plans to start in the wine and spirits distribution industry. The card network announced that…
For the second year in a row, PSCU set out to uncover payment preferences among credit union members and other financial institution customers (“non-members”), and we saw some interesting shifts…
Historically, banks have been early adopters of technology — think ATMs, digital ledgers, online banking and debit cards. But lately, many traditional banks have been slow to embrace the latest…