How to KISS your marketing strategy
If you love someone you tend to kiss them. Your significant other. Your kids. Your pet. And whether you love (or hate) your marketing and marketing strategy, it’s time you…
If you love someone you tend to kiss them. Your significant other. Your kids. Your pet. And whether you love (or hate) your marketing and marketing strategy, it’s time you…
Greetings Compliance Friends! The NAFCU Compliance Team has been tirelessly combing through NCUA’s recent final rule which makes severalupdates to the FCU model bylaws located in Appendix A to Part…
The NCUA states that the rising threat of ransomware is a particular concern for smaller financial institutions like credit unions. Ransomware attacks skyrocketed in the first quarter of 2019, according…
It’s that time of year again. You’ve got big ideas, good intentions, and only so much money to go around. Which necessities should make your 2020 credit union budget? Well,…
The latest back-and-forth between Congress and the Consumer Financial Protection Bureau (CFPB) is further proof that a bipartisan, multi-member commission is needed, CUNA believes. House Democrats have filed an amicus…
Cybersecurity is a top concern for the credit union industry year-round, but the issue receives special focus in October, which is recognized as National Cybersecurity Awareness Month. Here are three…
Following the recent decision by the Supreme Court, will credit unions now see another wave of lawsuits alleging their websites are in violation of the Americans with Disabilities Act (ADA)?…
The U.S. Treasury Department has awarded $3.4 million in grants to 28 credit unions to support their programs as Community Development Financial Institutions. Nine NCUA-insured credit unions, representing 104,628 members…
According to a Wells Fargo research report, robots will eliminate 200,000 jobs in the banking industry within the next 10 years. These numbers seem astounding and mind-boggling. However, the robot…
Is strategy or implementation more important? Yes! That’s a slightly nonsensical way of saying that these two components are so critical and dependent upon each other that both must be…
One of the critical qualities of leadership is the ability to rally support for vital issues through cooperation and example. When this leader is a regulator with the ultimate power…
Even while a growing number of banking leaders recognize data-driven customer experiences as crucial to their long-term success, many continue to view digital experiences as secondary to their traditional brick-and-mortar…
With one of the best economies in 50 years – including record low unemployment and higher wages – you may be wondering how to continue to attract and retain employees.…
When the Capitol Hill-focused publication POLITICO published an interview with CUNA Chief Advocacy Officer Ryan Donovan last month discussing a narrowly discussed section in the FY 2020 National Defense Authorization…
September's job report fell below expectations with only 136,000 jobs added even as the unemployment rate dropped to 3.5 percent. NAFCU Chief Economist and Vice President of Research Curt Long…
In her 2017 book, The Origin of Others, Toni Morrison asks, “Why should we want to know a stranger when it is easier to estrange another? Why should we want…
The American Bankers Association is asking the full U.S. Circuit Court of Appeals for the District of Columbia to overturn a panel’s decision that the NCUA had the power to…
Inbound marketing—often called content marketing—is all the rage right now. And there’s a good reason for that: Content marketing works. Or at least, it usually does. But more often than…
One down, two more steps to go: That’s the situation with the federal SAFE Banking Act, which recently won approval by the U.S House of Representatives. The bill promises to…
Happy Monday, compliance family! Let's make it a great week by starting off with a compliance blog about giving away money... more specifically, lender credits. Many credit unions offer lender…
Microsoft has released nearly a thousand security patches for its Windows 7-based operating system since the software giant made that its standard platform in 2009. The system drives millions of…
Credit unions are growing more aggressive with their marketing. A cross section of the industry studied by The Financial Brandfound that many institutions upped their investment in the period between…
Credit union leaders from six states visited Washington, D.C. during a busy week in the Nation’s Capital, discussing credit union concerns with policymakers as the House was preparing for its…
As the London Interbank Offered Rate (LIBOR) is set to stop publishing after 2021, Federal Reserve Vice Chair for Supervision and Chair of the Financial Stability Board Randal Quarles is…