From false identities to phony companies to . . .
As credit unions compete more aggressively for small business loans, one expert believes many are moving too quickly and not paying attention to risk from fraudsters who are increasing their…
As credit unions compete more aggressively for small business loans, one expert believes many are moving too quickly and not paying attention to risk from fraudsters who are increasing their…
25 years ago, shopping malls reigned supreme, Neiman Marcus introduced the ‘gift card’1, and Pizza Hut started accepting online orders for the first time. Shoppers did not have the luxury…
It’s budget season for many credit unions right now. Organizations are deciding what will be their most important goals for 2020—and planning how they will fund them. This season of…
Chase, Bank of America, Capital One, Discover, and other big issuers cast a long shadow over the U.S. credit card market. And now Apple, in partnership with Goldman Sachs, has…
Ent Credit Union($5.7B, Colorado Springs, CO) rolled out a new customer relationship management system earlier this year and at the same time made a significant personnel move. To help ensure…
The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to make specific modifications to the Uniform Residential Loan Application (URLA), including removal of a question CUNA…
NAFCU last week released a new-and-improved Regulatory Alert template to make it easier for credit unions to review and understand proposals, find contact information and provide comments. This member-only resource…
Credit unions need to work together for the good of the movement, embracing collaboration as our “superpower,” says CUNA President/CEO Jim Nussle. “We do it better if we do it…
Bloomington, Ill.-based insurance and financial services firm State Farm said it suffered a credential stuffing attack in which “a bad actor” confirmed valid usernames and passwords for State Farm online…
Atthis year'sAnnual Conference, I connected withindustry executives forapanel discussion onCECL issuesthat should be addressed throughout the implementation process. I was joined by Kim AlexanderofBlue FCU,Renee Nelson of First Community CU,John…
Continued innovation in digital and mobile technology has paved the way for an ever-increasing number of ways to pay. As consumers adopt new purchasing behaviors inspired by emerging technologies, members…
In an August 5, 2019 interview with the CU Times, Chairman Rodney Hood added another wrinkle to the legal/regulatory framework encasing marijuana banking when he proclaimed that Credit Unions were…
The rollout of the much-discussed Apple Card unleashed an avalanche of media coverage only a few months after a pre-launch announcement stirred up a similar media frenzy. It’s the Apple…
When it comes to providing required disclosures and notices, compliance officers know they need to send them, but a question that often comes up is: Whom do you need to…
It’s a win for consumers, their communities and their financial institution in the few scenarios when a credit union purchases a bank, League of Southeastern Credit Unions President/CEO Patrick La…
The NCUA Thursday announced a new automated system - the Chartering Proof of Concept tool - aimed at helping credit union organizers better understand how to prepare charter applications. The…
How does your credit union plan for the future? Do you actively watch and interpret the shifts in our industry, society and economy? Do you incorporate any of this into…
The secret to working effectively with the media is a two-part recipe based on strong relationships with journalists and sharing quality, relevant stories reporters need, says Lauren Williams, CUNA’s media…
Global fifth-generation cellular wireless, better known as 5G, is going to have a big impact within financial services–including in one way that will be “counterintuitive” to many CUs, according to…
As leaders become more experienced with the ups and downs of managing people, it gets easier to spot those who have the potential to lead their own team – or…
In its July meeting, the NCUA Board voted to issue among other things, a proposed Interpretive Ruling and Policy Statement (IRPS 19-01) on exceptions to employment restrictions under Section 205(d)…
The calculation is not a complex one: credit union growth is imperative for long term survival. Retain your current members while at the same time adding new ones. While marketing…
CUNA, along with the Ohio Credit Union League, attended Thursday’s arguments before a three-judge panel of the U.S. Court of Appeals for the Sixth Circuit in Cincinnati. The cases are…
Mastercard Wednesday announced its majority purchase of a Denmark company that features an electronic-billing platform and clearing and instant-payment services. Earlier this week, the Federal Reserve also announced that it…