CUFX: Has its time arrived?
Participants learned how they can begin integrating Credit Union Financial Exchange during a breakout session at the co-located CUNA Technology Council and CUNA Operations & Member Experience Council Conferences in…
Syndicated
One commonality of ‘best’ CUs: Attractive checking
A new analysis has identified what it says are the 10 “most outstanding” credit unions in the United States that nearly anyone can join. Kiplinger,the publisher of business forecasts and…
Why credit unions should talk the fraud prevention talk
When it comes to how consumers think about where their funds are the safest, large banks can benefit from somewhat of a perception gap. The issue isn’t one of actual…
Keeping the deposits matters as much as controlling the payments
The secret to staying relevant in the fast-changing payments world might be to concentrate on the money coming in, not the money going out. That was the take from Chris…
Getting down to business banking
With a surging economy, a favorable regulatory environment and increasing pressure to drive growth, more financial institutions are targeting commercial business to find entirely new revenue. According to the experts,…
Why your internal brand keeps getting bounced
“How to score a winning organization.” “The playbook for business success.” There’s a lot of sports clichés within the corporate world. Why? Quite simply, we’re fans. We understand that whether…
World Council: LEIs could have value, shouldn’t be mandatory
While World Council of Credit Unions does not support a requirement for credit unions to obtain “Legal Entity Identifiers” (LEIs) it sees some potential value in encouraging increased use of…
Bureau to provide HMDA update during NAFCU webinar
Representatives from the Bureau of Consumer Financial Protection (previously the CFPB) will join NAFCU Friday for a free webinar that will provide an update on Home Mortgage Disclosure Act (HMDA)…
One-on-one lending skills remain relevant
As more members use mobile apps and other remote channels to apply for consumer loans, credit unions naturally focus on improving the member experience for those channels. But focusing on…
Raddon reveals 2018’s top performing credit unions
Lombard, Ill.-based Raddon, a Fiserv company and provider of innovative research, announced the 22 winners of its annual Crystal Performance Award for credit unions, based on benchmarked data from Raddon.…
Purposeful talent development: Supporting the modern learner
Educational offerings need to check more boxes than ever before, as expectations from learners increase. In particular, demanding personal and professional schedules and technology have changed the waymodern learnersaccess professional…
Social media marketing: 4 responses for tough comments
In all industries, business owners are faced with the possibility of having a negative review or comment online about your products or services. Credit unions and Banks are certainly not…
Disclosures are key in overdraft protection litigation
Good morning folks. With everyone seemingly so happy that Tiger Woods won his first tournament in five years yesterday, I could ponder what it is about this country that makes…
What makes now the time to get back in the game of home equity loans?
In past years, lenders haven’t always received the best news when surveying the home equity market. This year, when asked if they wanted the good news or bad news first,…
Compliance: CUNA updates MLA card fee spreadsheet
CUNA has updated its Military Lending Act (MLA) credit card fee comparison spreadsheet for the third quarter, updated as of September 2018. The updated resource can be found in the…
This week: NAFCU engaged on top CU issues, meeting with Fed
A number of top NAFCU and credit union priorities are topics of discussion on Capitol Hill this week, including housing finance reform, data security and regulatory relief. NAFCU is engaged…
Where lending is going in 2018 and beyond
Credit union loan growth is staying strong in 2018, increasing at a faster rate than last year. This is welcome news for credit unions, as lending likely is a vital…
Plugging into charities can drive market awareness
Most financial institutions are used to donation requests throughout the year from a large number of diverse and well-meaning charitable causes. Many contribute to a large number of these causes…
4 ways to fund a foundation
There are hundreds of state and credit union league foundations across the United States that accept and disperse charitable donations with the goal of leaving a lasting legacy on their…
Could the IRS put marijuana companies out of business?
These are the best of times and the worst of times for marijuana banking depending on if you want to view the glass half empty or half full. I’m definitely…
CU2.0 Podcast – Episode 3 – Talking with Kirk Drake
It’s the CU 2.0 podcast! CU 2.0 is excited to bring you the second in a series of podcasts from Robert McGarvey.Welcome to theCU 2.0 Podcast, regular interviews with credit…
A millisecond mistake that can pose a lifetime challenge
Snap judgements – also known as first impressions – often wrongly assume people's intentions or trustworthiness. Even so, these judgements – formed in milliseconds – can pose a real challenge…
CUNA launches ‘Credit Unions Vote’ MAP campaign
CUNA launched its “Credit Unions Vote” campaign this week, which is focused on getting credit union members to vote in the November mid-term elections. The non-partisan campaign features a website…
NCUA proposal eases some appraisal requirements; NAFCU reviewing
The NCUA on Thursday issued a proposed rulemaking amending its real estate appraisals for certain transactions. The proposal, among other changes, would increase the threshold from $250,000 to $1 million…