The external risk environment continues to become ever more complex.In the past decade alone, risk managers at financial services firms have had to contend with waves of comprehensive new regulation…
Going back more than four decades, PSCU was established for collaboration and scale on behalf of credit unions and their members. Our commitment to the “people helping people” values of…
Excite Credit Union($492.8M, San Jose, CA) wants to help make college an attainable goal for the children of its lower-income members, and it’s banking on a special new savings account…
The Consumer Financial Protection Bureau (CFPB) issued a policy statement Friday outlining its approach to the “abusiveness” standard in supervision and enforcement matters. CUNA has long recommended the CFPB act…
In a new American Banker op-ed, NAFCU President and CEO Dan Berger rebuked bank lobbyists for misleading the public with their criticisms of credit union-bank mergers. "Yet banking groups won’t…
What will really drive card loyalty in the not-too-distant future? The experience, and not so much the offer, sources are predicting. Pricing and perks have long been up front in…
In November, I had the opportunity to facilitate a breakout session at ourCEO/Executive Team Network. While discussing the impact senior leaders have on talent development, an attendee brought up a…
For many credit unions, the options to expand their field of membership (FOM) are limited and heavily regulated. Multiple-common bond credit unions, as a result, are increasingly turning to adding…
The usual view of the future of banking comes from industry observers and key players within the industry, who represent important viewpoints, to be sure. Yet consumers deal with banking…
CUNA announced four keynote speakers for the 2020 CUNA Governmental Affairs Conference (GAC), scheduled for Feb. 23-27 in Washington, D.C. Registration is currently open for the credit union system’s premier…
NAFCU President and CEO Dan Berger, in a letter Thursday, asked CFPB Director and Federal Financial Institutions Examination Council (FFIEC) Chair Kathy Kraninger to provide interagency guidance related to the…
One absolute in life is that downturns in the economy are inevitable. Currently, the global economy is moving lower into an economic valley that could negatively impact your members—and, therefore,…
During his 10 years on the supervisory committee, Tim Goblirsch has seen the committee’s role change from one that merely took in information to a group that is now focused…
Last month, FinCEN released a strategic analysis of BSA filings regarding elder financial exploitation and it revealed some pretty concerning trends. In the six-ish years between October 2013 and August…
Indirect loans are becoming increasingly popular in the modern lending landscape. While these products can be great for borrowers seeking the best rates and financial institutions hoping to expand their…
When preparing for a new year, it’s always good to assess what went well and what didn’t in the previous 12 months. This exercise helps keep the triumphs on track…
The NCUA’s TIP (Trade, Industry or Profession) charter offers credit unions the opportunity to serve a highly specific, narrowly defined group. Rules surrounding the charter are strict, stating this group…
My organization is in the midst of our individual review process. I know the timing of reviews varies from company to company – some do it at the end of…
Since 2010, the total number of banks and credit unions in the United States has dropped by an astounding 31% to only 10,537 financial institutions left. Yet over the past…
NCUA selling its portfolio of taxi medallion loans is not an appropriate step at this time, CUNA and three League partners wrote to NCUA, as it may harm not only…
NAFCU President and CEO Dan Berger and the association's award-winning advocacy team have started 2020 strong, taking to Capitol Hill and reaching out to key administration officials – including President…
Does $300 million in damages get your attention? That’s the total damages assessed against Wells Fargo by two separate Texas juries in two separate actions brought by USAA. These two…
To succeed in the workplace, in relationships, and in life, focus on your strengths and manage around your weaknesses, advises author and consultant Marcus Buckingham. He’ll address the 2020 CUNA…
2020 is here, offering both a new year and the start of a new decade. But in order to look ahead, it’s also important to reflect back. In 2019, the…