Syndicated

Social scientists will tell you that when faced between two difficult choices, the natural inclination is to choose to do nothing. That is why, for example, umpires hate to call…

Branding is about much more than just a company logo; it is about communication with consumers and the surrounding community. Brand reflects how we differentiate from competitors and startups. Consequently,…

The Bureau of Consumer Financial Protection will issue a proposal to revise its current “No-Action” letter policy following CUNA efforts to have the bureau amend to provide clarity regarding enforcement…

"The [current expected credit loss (CECL)] standard is an unnecessarily complex accounting method for credit unions and only adds to mounting regulatory stress," argued NAFCU's Carrie Hunt in a letter…

With a nine-member board and directors based in different locations across North America, CUES sought out board portal technology to ensure its board operated with optimal efficiency, engagement and security.…

While Hannibal Brumskine, chief financial and operations officer with the National Credit Union Foundation, thinks it’s great that credit unions sponsor a variety of charitable endeavors, he advises credit unions…

New research from the University of Illinois has found that paying for things with a smartphone increases how much consumers spend and how often they shop — findings that two…

It’s been approximately one year since USAlliance Financial Federal Credit Union($1.6B, Rye, NY) began using the tagline, “Live Life Fully.” Beyond a simple branding exercise, the new motto has real-life…

LeBron James, Serena Williams, Steve Jobs, Oprah Winfrey: These individuals are some of the most successful of our time. What’s the common denominator? The easy answer is talent, but talent…

What would Pete Townsend say? By a one vote margin, Kathy Kraninger was confirmed to be the next head of the CFPB. She takes the reigns from her former boss…

The amount of information consumers can access is incredible, but the amount of data each human produces is even more startling. Over the last two years alone, 90% of the…

Happy Holidays, Compliance Friends! Nothing puts me more in the holiday mood than a good movie. One of my favorites holiday movies is the Sound of Music! I hope that…

The Treasury’s Financial Crimes Enforcement Network (FinCEN) and its regulatory partners issued a joint statement last week to encourage credit unions and other financial institutions to take innovative approached to…

A number of issues critical to credit unions' operations are set for discussions in Washington this week: A House Financial Services subcommittee will discuss the potential impact of the current…

A main barrier to putting in place a supplemental executive retirement/retention plan is that credit union boards don’t know how to start. How much beyond an annual salary and bonus—if…

As fintechs continue to increase their presence in the financial services industry, credit unions must decide to either form partnerships with these potential disruptors or compete against them. The first…

An Alaska credit union has launched a pilot program to provide financial services to marijuana businesses, which among other benefits will relieve state workers from counting $1.5 million in cash…

The Grinch is trolling department stores this season in the hopes that he can steal a credit card or two. With consumer’s purchasing behavior straying away from their usual habits…

Now that we are into the holiday season – with Christmas eighteen days away, Hanukkah ending in three days and Kwanzaa beginning in nineteen days – there are certain things…

While nearly all companies know they need a social media presence, many banks and credit unions have not embraced social media enthusiastically. Consider, as a benchmark, that Twitter launched in…

Federal regulators are reaching out and helping credit unions and community banks with a series of changes. On October 3, 2018, Federal regulators ruled that credit unions and community banks…

Much of our accomplishments each day are decided by our morning routines. If we continually hit the snooze button barely making it to the office on time, our days may…

The NCUA board will hear recommendations from the agency’s Regulatory Reform Task Force at its Dec. 13 meeting. Scheduled for 10 a.m. (ET), the meeting is the board’s final of…

The Senate yesterday voted to confirm Kathy Kraninger to lead the Bureau of Consumer Financial Protection. She will take over for Mick Mulvaney, who has served as acting director since…