Syndicated

There are two types of board-CEO relationships in our industry—good relationships and bad relationships. At either end of that spectrum, revamping the CEO evaluation process could help your credit union…

Ray Lancaster began his career as a credit union volunteer. But looking back it seems inevitable Lancaster wouldbecome a credit union CEO one day. Lancaster embodies the credit union spirit.…

When Thomas McDermott, managing partner for the Milton, Ga.-based Inver Consulting Group, surveys a credit union’s digital state of affairs, he often starts by looking at its website. “That’s the…

As we progress through our careers, we learn the value of receiving feedback from peers and managers to ensure we improve and grow. Feedback helps us identify weaknesses, strengths, and…

Nobody wants to become the next Blockbuster or Kodak. As a result legacy businesses in all sectors, banking very specifically included, are being forced to digitally transform to keep up.…

Not surprising, Millennials have different priorities and expectations from a financial institution than older generations do, according to a recent report compiled by a CA-based payments firm, Marqeta. Millennials, recognized…

Immediate access to funds for consumers is increasingly important and real-time payments will help credit unions improve access to funds, CUNA wrote to the House Financial Services Committee Task Force…

The NCUA and Small Business Administration (SBA) will hold a webinar Oct. 16 to share benefits of credit unions participating in various SBA loan programs. NAFCU works closely with the…

In 2018, the National Credit Union Administration rolled out its Automated Cyber Examination Toolexamination, starting with credit unions over $1 billion in assets. This process has rolled over into 2019,…

H. Lenwood Brooks V has been named chief of staff to NCUA Chairman Rodney Hood. Brooks joined the NCUA staff in May and has been acting chief of staff and…

As credit unions continue to seek ways to increase their member count and make capital available to those members, they often overlook a key source of longer-term deposits: IRAs. By…

When it comes to funding an executive benefits plan, choosing the right investment for the right person and your credit union means knowing both the needs of your executive and…

As the unemployment rate shrinks and financial industry jobs become more skilled and more difficult to staff, competition for talent is escalating. Employee advocacy plays a large role in your…

Yes, loans and interest-based income will continue to be prime income generators for you. Non-interest income just isn’t as lucrative or glamorous. Still, those pennies and dollars from each swipe…

Startups from across the U.S. were among the many companies who used the FinovateFall conference in New York on Tuesday to demonstrate financial services technology targeted at advisors, banks and…

The House voted 321-103 to pass the Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595) Wednesday, a historic vote that comes months after strong CUNA, League and credit union…

NAFCU President and CEO Dan Berger urged key members of the Federal Financial Institutions Examination Council (FFIEC) to consider enacting regulation to achieve a level playing field between fintech companies…

It’s 2019, and your credit union’s procedures and policies are more important than ever to ensure security compliance and meet industry standards. As a vendor or procurement manager, your department…

A loophole in the CFPB’s proposed debt collection rules could allow the agency to take action against credit unions even though the rules were not intended for those institutions, trade…

Account takeover fraud is ramping up to an “industrial scale,” according to one analyst who says many financial institutions are not prepared to defend against “Fraud, Incorporated.” Trace Fooshee, senior…

As part of its strategic planning five years ago, CAMPUS USA Credit Union leaders decided to make its already-generous charitable giving program a more organized, focused operation. Two key improvements…

Apple has entered the banking arena. The tech giant recently introduced its own Apple credit card, billing it as, “A new kind of credit card. Created by Apple, not a…

Designing banking products can be a bit like trying to solve a Rubik’s Cube, except at times there can be more than six “sides” to getting the puzzle of deposit…

CUNA announces the 2019-2020 CUNA Staff Salary Report and CUNA Compensation Analytics are now available. Both tools have been a data source to inform salary and budget decision-making for credit…