They asked to join the board, but you have to hunt for most new directors
CUES member James Sackett wanted to be involved in his community in some way. He had always known about and loved the idea of credit unions. So, when he moved…
CUES member James Sackett wanted to be involved in his community in some way. He had always known about and loved the idea of credit unions. So, when he moved…
As I write this, I’m sitting in New Orleans near the banks of the Mississippi River, banks that Hurricane Barry recently threatened to overflow. Fortunately, the Big Easy didn’t experience…
As credit unions push to raise deposits, they might also find members pushing back to quickly access those funds, regardless of the service channel they’re using. Nusenda Credit Union($2.4B, Albuquerque,…
It has not been easy for the mortgage servicing industry to recover and navigate the economic climate in the aftermath of the Great Recession. In addition to the surge of…
Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? Security firm Symantec said this past week that…
CUNAreleased Friday the July 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. Senior Policy Analyst Samira Salem reports on recent U.S. economic growth developments, most notably…
A new report from the CFPB on third-party debt collection revealed that 28 percent of consumers with a credit report in 2018 had at least one debt in collection with…
To open his session for the CUNA Management School’s second year class, Ronaldo Hardyasked students to leave the classroom briefly. Students formed two groups: women and minorities, and white males.…
Florida police alleged a former employee for the $8.6 billion VyStar Credit Union and her boyfriend stole nearly $50,000 from two member accounts. Lake City Police arrested Stevlein Stephon Bivins…
While anyone could purchase a Certificate of Deposit (CD) that paid over 5% APY just a decade ago, the average rate for a 12-month CD is now just 0.59%. Worse,…
When it comes to digital financial services, it's game on. Today, credit unions of all sizes need a proactive, cohesive digital strategy that provides the right products, services, and best…
We're just over halfway through 2019. At my organization – and I'm sure at many of yours, too – our managers are holding midyear reviews with their team members to…
With the number of states legalizing cannabis in some form continuing to grow, it’s understandable that Americans with differing views would want to debate whether it’s time to reform the…
Congress can stop the cannabis banking conundrum now, CUNA President/CEO Jim Nussle and American Bankers Association President/CEO Rob Nichols wrote in Fox BusinessThursday. A credit union witness is scheduled to…
The House Energy and Commerce Committee Wednesday advanced legislation intended to combat illegal robocalls to the full chamber. Ahead of the markup, NAFCU thanked the committee for its collaboration before…
Marketing automationhas become a mainstay in the digital marketer’s toolbox. Unlike specific tactics, which come and go over time, marketing automation technology exists to improve efficiency and results, regardless of…
In the fall of 2013, James Collins heard gunshots while relaxing at his home in Central Washington. It turns out a neighbor had an illegal marijuana grow operation, attracting three…
A divided NCUA board on Thursday approved a final rule that increases the appraisal threshold for commercial real estate-related transactions from $250,000 to $1 million. For the second month in…
I think courts like me. I've been called to jury duty five times, and next Monday, I report yet again to fulfill my civic duty. Probably six years ago, I…
How do you make your credit union members ecstatic when they are already among the happiest consumers out there? After all, 92%of credit union members surveyed in the 2018 FIS…
In 2017, Visa rolled out a suite of sensory cues to express the Visa brand in our ever-expanding world of connected, payment-enabled devices—the first major payment brand to do so.…
When Amazon and Synchrony Bank introduced a secured credit card offering called Amazon Credit Builder, Margaret Keane, CEO of the bank, portrayed the product as an assistance to lower-income consumers…
Late last month, the CFPB issued its annual Fair Lending Report for 2018. 2018 was a year of change for the Office of Fair Lending and Equal Opportunity (OFLEO). Last…
The Financial Accounting Standards Board (FASB) agreed Wednesday to propose a one-year delay in the implementation date for the current expected credit loss (CECL) standard as it applies to credit…