Syndicated

One of the advantages of running thousands of what-ifs for hundreds of credit unions each year is that it provides a window into what is on the minds of credit…

I'm a huge fan of auto-paying my bills. First, I want to protect my credit report. Second, I'm lazy. If I can automate a task, that's a win. Here's a…

CUNA met with the Department of Labor (DOL) Monday to discuss several credit union related issues Monday. In addition to discussions on DOL rulemakings, CUNA provided the agency with data…

NAFCU-member credit union representatives and staff joined a roundtable Monday at the Small Business Administration (SBA) with the Justice Department (DOJ) at which the association again called for the department…

Eggnog and sugar cookies. Bing Crosby and Burl Ives. Sledding and shopping. Although most of us (nine in 10 of Americans, according to a 2016 Consumer Reports poll) look forward…

Almost six of 10 respondents believe it is “likely” the U.S. will suffer a massive critical infrastructure disruption within two years and 26% worry about a financial sector cyberattack. Those…

There are few situations more fraught with peril or packed with possibilities for credit unions than a core conversion. The data processing system is the hub of the wheel that…

Over the past five years, multicultural consumers have accounted for 100 percent of U.S. population growth and 61 percent of credit union membership growth. As the population becomes increasingly diverse,…

VUCA. This term is frequently thrown around in boardrooms and strategy sessions across the country. Coined by the US Army War College in the late 1990s, VUCA is an acronym…

The global banking sector is becoming both more strategically focused and technologically advanced to respond to consumer expectations while trying to defend market share against an increasing array of competitors.…

The Federal Financial Institutions Examination Council (FFIEC) released its second update on its Examination Modernization Project this week, following one from March of this year. According to the FFIEC, further…

NAFCU witness Rick Stafford, president and CEO of Tower Federal Credit Union (Laurel, Md.), will share with lawmakers credit unions' priorities and concerns with a bipartisan housing finance reform bill…

An aspect of leadership that sets the old adage “’Tis better to give than receive” on its head is the act of actively seeking feedback. Leaders are often quick to…

Anchorage, Alaska experienced, what local officials are calling a “massive earthquake.” According to the Alaska’s Earthquake Center, the earthquake was a magnitude 7.0 with several aftershocks in the 5.3 to…

Earlier this week, the Federal Financial Institutions Examination Council (FFIEC) released an update on the continuing efforts to modernize the examination process by financial regulators. The project stems from a…

Online reviewers can be fickle. Sometimes, their only feedback in a lifetime of membership depends solely on their last interaction with the credit union. Case in point: Last year, a…

Road warriors get ready. Solutions to drivers’ biggest complaints may not be far in the future if the winning hacksatCode AutoMobility LAare any indication. Perhaps the most surprising presentation was…

A billion dollar commercial bank stakes its differentiation on personal service, having built its business on long-term customer relationships forged by visits to branch offices, lunches at local cafes and…

One sure way to become a better leader is to surround yourself with people who are smarter than you, think differently than you and challenge you. Before this can happen,…

CUNA supports efforts to track money laundering and terrorist financing but also believe it's important to strike the balance between the costs to financial institutions and the benefits to the…

NAFCU – the industry's Washington Watchdog – has been recognized with award-winning advocacy, and while NAFCU lobbyists were having non-stop meetings on Capitol Hill, the association's Board of Directors further…

Auto sales are still going strong in the U.S., with CU Direct and leading economists predicting a year-end total of 17 million vehicles sold, just slightly less than 2017 figures.…

Thin margins have credit unions looking for any opportunity to save money and create efficiencies of scale. One way to do both is with mortgage subservicing, which allows credit unions…

The $188 million Marriott Employees Federal Credit Union asked a federal judge to throw out a civil lawsuit brought by two members. They claimed the Bethesda, Md.-based credit union violated…