NAFCU's Virtual Congressional Caucus kicks off in a little over a month and the agenda is quickly filling up with notable speakers including, NCUA Chairman Rodney Hood andFederal Housing Finance…
Donning a mask to walk into a financial institution has been “one of the weirdest experiences” that Ian Kildow has had in recent times. Financial fraud investigative supervisor at the…
Credit unions’ response to the pandemic has showcased their overwhelming dedication to serving their members and communities, providing support and compassion during times of need. However, it also exposed limitations…
Remote workforce technology like virtual private networks (VPN) is nothing new for most financial institutions, though the technology has been primarily viewed as a secondary channel for working. In early…
The pandemic has impacted American financial consumers in painful and unexpected ways. As COVID-19 continues to spread across the country with no end in sight, workers are struggling to maintain…
An old adage goes, “The best time to plant a tree is 20 years ago; the next best time is today.” You could easily say the same for strategic planning…
In Part 1 of this blog, I discussed how to determine if a credit union has permitted the member to shop for a settlement service provider under section 1026.19 of…
Heading into 2020, life was looking pretty rosy. There was no pressing impetus for banks or credit unions to change. Then COVID hit: the wrecking ball that has upended this…
CUNA Finance Council announces recipients of the 2020 CUNA Finance Council Awards, the most prestigious industry award for credit union finance professionals. Bill Kennedy, CFO and vice president of finance,…
The NCUA Board Thursday approved several items, including: a final rule to resolve litigation surrounding its 2016 field of membership (FOM) rule, a proposed rule to establish a three-year phase-in…
People use adjectives like “dire” and “unprecedented” to describe the impact of the COVID-19 pandemic on credit union operations. To the staff of Redwood Credit Union, it’s just the latest…
Forget billboards, TV commercials or ad spreads in the newspaper — today’s teens and twenty-somethings have their eyes glued to their smartphones, and marketing teams across the country are quickly…
It’s a great thing to want to help others, and making donations to charity is one great way to aid people in need. Giving to charity can bring about numerous…
Historic. Unprecedented. Unimaginable. These are not exaggerations of the coronavirus pandemic, an event that has left millions unemployed and countless businesses shuttered or operating at limited capacity. Until this health…
We associate hard work with success. We set personal and professional goals, develop plans to achieve them, and then get to work. But what happens when you struggle, or life…
NCUA finalized its latest field-of-membership rule Thursday at its board meeting, re-instating portions of the rule vacated in March 2018 by a U.S. District Court Decision. Those portions of the…
The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. The committee noted it "expects to maintain this…
Several years ago, Deedee Myers, Ph.D.—CEO of CUESolutions Silver provider DDJ Myers Ltd., a Phoenix-based firm providing executive search/recruitment, strategic organization and leadership consulting services—looked at her company’s placement data.…
COVID-19 has created unique challenges for the home appraisal process—nationwide shelter-in-place orders and social distancing guidelines have made it difficult for appraisers to do on-site inspections, which means that turnaround…
Do more with less. That’s smart business, especially in shaky and uncertain times like we’re in now. But efficiency also takes the ability to be collaborative, creative and think differently.…
Procuring labor and materials is one of the most challenging aspects of project management, but in the procurement process are opportunities to mitigate cost and scheduling risks, find the best…
This spring, a pair of similar-sized credit unions — one in the big city suburbs and one in a smaller-town setting — faced a challenge familiar to many credit unions…
The Senate Republican COVID-19 relief legislation unveiled this week, the HEALS Act, contains CUNA-supported liability protection, as well as other Paycheck Protection Program reforms. The House passed its COVID-19 relief…
The CFPB Tuesday issued a request for information (RFI) related to the Equal Credit Opportunity Act (ECOA) and Regulation B to ensure a regulatory environment that expands access to credit…