The choice of words
The headline seemed newsworthy: Bank Credit Union Merger News The problem: it was not accurate. Credit unions and banks cannot and do not merge. The brief story did state that…
The headline seemed newsworthy: Bank Credit Union Merger News The problem: it was not accurate. Credit unions and banks cannot and do not merge. The brief story did state that…
A few days ago, a friend asked me a favor. Since I’m a “financial expert” (Um, really? Oh boy.), she asked me to speak with her friend about credit card…
Want to have more fun at ALCO meetings? Let’s face it, ALCO meetings are no fun when you have poor performance numbers to report. They are even less fun when…
CUNA and the Leagues continue to push for credit union priorities in the next phase of COVID-19 relief legislation, CUNA Chief Advocacy Officer Ryan Donovan says in this week’s Advocacy…
President Donald Trump Friday signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020. The bill passed the House overwhelmingly with bipartisan support and the Senate by…
COVID-19 will be an event talked about for many years to come. It will be known as the time when everyday lives changed and a new normal was adapted. However,…
Robotic process automation, or RPA, is technology that utilizes computer software programs, or “bots” to perform actions that a human would traditionally do, then reproduces and integrates those actions within…
Teachers Federal Credit Union ($7.8B, Hauppauge, NY) isn’t masking its commitment to coronavirus safety. It’s handing them out. Distributing branded facemasks to members and employees is just part of the…
If your credit union is actively, or wants to be, adding new select groups, you should buy an ownership interests in any shared branching or ATM networks you participate in…
Recent events (global pandemic, anyone?) have been shining a spotlight on digital banking solutions in a major way. Financial institutions of all shapes and sizes have been scrambling to find…
Because of concerns over the threat of fraud during the COVID-19 pandemic, NAFCU credit union members have asked the compliance team when the reasonable cause to doubt collectibility exception hold…
A settlement has been reached in the Equifax data breach lawsuit, of which CUNA, Leagues and credit unions are plaintiffs. CUNAfiled suit against Equifaxin October 2017 after a data breach…
NCUA Chairman Rodney Hood will join NAFCU's State of the Industry virtual event to provide credit unions with an update on how the agency is working to support the industry…
Bringing diverse talent and perspectives together drives innovation. Consider research published in Human Resources Today showing that 77% of respondents “believed that organizations benefit from hearing different points of view…
What is the job of your website? While the answer may appear obvious, it’s important that you examine this crucial question through the specific lens of the buyer’s journey. Each…
As leaders, we're always searching for the magic combination of skills to motivate our teams, run our organizations efficiently, meet member/customer demands, and stay viable in competitive markets. In our…
Credit unions have been learning a lot about their capacity to lend during the coronavirus pandemic, and we’re not talking about just liquidity. As members were thrown out of work…
George Floyd, Philando Castile, Eric Garner.These are some of the names of African American men whose deaths by the hands of law enforcement were captured on video.Horrific events like the…
CUNA announcesthe availability of the Cyber Liability and Intelligence webinar. This webinar provides the latest information on breaches and ways to reduce liability through cyber and risk management insurance. This…
As NAFCU seeks ways to keep the industry informed of the latest information and challenges impacting operations amid the coronavirus pandemic, the association is launching a virtual roadshow featuring more…
Credit union leaders certainly have learned a lot this year after many were ordered to shut their offices and send everyone home for weeks, months or an indeterminate amount of…
The federal banking regulators, including the NCUA, recently encouraged credit unions and other financial institutions to offer responsible, small-dollar loans to consumers and small businesses feeling the impact of COVID-19.…
In most states, credit unions have a choice of operating with a state or federal charter. There are a number of considerations in determining which charter is more advantageous. This…
These days, data is ubiquitous. As consumers, we carry it with us and leave a digital footprint wherever we go.Lending leaders need it, value it, and are able to amass…