Credit union leaders have become increasingly aware of the importance of good governance and have made an effort to ensure that their credit unions are adopting cutting-edge governance and leadership…
After Kevin Robert Lee admitted to embezzling more than $800,000 from the $222 million Florida State University Credit Union, prosecutors revealed new details about how the former lending director used…
We're taught early in our lives to follow the rules. Rules are put in place to tell us how we should behave and what expectations to have in certain situations.…
It’s spring, the perfect time for cleaning things up. People are giving away their furniture, throwing away their clothes, and dumping everything that doesn’t “spark joy” into a massive pit.…
Want to pick a fight you should win? Everytime? Even when battling the biggest banks? That’s a real probability for credit unions that pounce on an opportunity that could bring…
Trying to fully assess whether your social media content is meeting the grade? First things first, askyourself this: does your visual content make your audience feel something? Whether it's happy,…
Today, many digitally savvy marketers are so entrenched in the online world, they rarely give much thought to offline marketing tactics. Even if they dabble in direct mail, they’re still…
CUNA hasupdatedits Military Lending Act (MLA) credit card fee spreadsheet for the first quarter of 2019. The updated resource can be found in the CUNA Compliance Community’s “Compliance Resources” tab,…
NAFCU's Kaley Schafer offered the association's general support for the NCUA's proposed rulemaking on supervisory committee audits and verifications, thanking the agency for its "commitment to providing supervisory committees flexibility…
Risk-based lending for credit unions can be tricky. After all, credit scores exist for a reason and assessing someone’s loan worthiness based on that score is common practice. Staying in…
Everyone faces limitations, whether they are imposed naturally or externally. Phil Hansen has created a life defined by embracing those limitations and using them as inspiration for creativity. Hansen, multimedia…
Amid new leadership at the NCUA, Owen Cole has been named acting chief of staff to new board Chairman Rodney Hood. Cole, who served as the associate director for policy…
The world is in the middle of a tech revolution. And the payments sector is arguably the most affected. Consumers want more control over their finances than ever; and how…
Even though debit cards remain highly profitable for banks and credit unions (at least those below $10 billion), the same forces of change disrupting consumer banking and payments could spoil…
When selecting a core provider, there is more to consider than features and functionality. There are quantitative factors that should be considered, and these numbers will help guide a credit…
You’ve just returned to your office from a learning experience, full of excitement for what is to come. Your notebook is filled with pages of notes, take-aways and ideas you’d…
CUNA President/CEO Jim Nussle, Chief Advocacy Officer Ryan Donovan, Deputy Chief Advocacy Officer Elizabeth Eurgubian and Senior Director of Advocacy and Counsel Mitria Wilson met with new NCUA board member…
The CFPB yesterday announced changes, many of which take into account NAFCU suggestions, to policies regarding Civil Investigative Demands (CIDs). The proposed changes – which better align with requirements set…
At Credit Union of the Rockies, our main focus has always been to provide our members with the best possible banking experience. While this goal hasn’t changed, member expectations have.…
With banks steering clear and the industry surging toward $22 billion in sales, hemp and its trendy ingredient known as CBD could be the next lucrative frontier for direct lenders.…
Fast, dependable and secure internet service is a necessity for every business. But for financial institutions, simply deploying dedicated high-speed access from a typical Internet Service Provider (ISP)and calling it…
“Where’s the beef?” Some of you may not know this classic 1980s catchphrase from Wendy’s. So, let’s try another one: “Dilly dilly!” Now I’ve captured the rest of our readers…
I’m obsessed with a new show on Food Network called Buddy vs. Duff. It’s a weekly showdown between Ace of Cakes star Duff Goldman and Cake Boss star Buddy Velasco…
As credit unions continue to find different ways to reach new members, their use of social media continues to increase. The NAFCU compliance team occasionally gets questions on the requirements…