Syndicated

A Massachusetts credit union is set to be the first financial institution in the state to serve its recently legalized recreational pot industry. GFA Federal Credit Union cited "safety issues"…

Eagle Community Credit Union decided to participate in the CO-OP Financial Services-Yoobi 2018 National Back-to-School Backpack Drive to give back to their community – but discovered they also received on…

Any way to increase lending to 30 to 50 million consumers with limited or no credit will get the industry’s attention. As a result, there’s a lot of chatter in…

Now that everything has been said about the 10th anniversary of the Lehman Brothers bankruptcy, it’s worth asking how close we are to the next crisis. In the market for…

Section 301 of S.2155 amends section 605 of the Fair Credit Reporting Act (FCRA) (codified at 15 USC §1681c). Section 605 establishes requirements regarding the information in consumer reports and…

The power of digital communications lies in the ability to provide intelligent experiences in real time. From proactive recommendations to providing product and service alternatives based on activities and behaviors,…

These days, doing professional learning online is just a given. Employees expect the chance to expand their job knowledge right at their desks. HR,complianceofficers,and department managers like the planning and…

CUInsight Co-founder and Publisher Randy Smith stopped by the Studio Lounge for a quick chat on CUInsight celebrating its 10-year anniversary. My how time flies when you're having fun --…

As it turns out, consumers want it both ways. They want hands-off, do-it-myself digital banking services – until they don't. Consumers want to choose how and when they go it…

The Bureau of Consumer Financial Protection issued an interim final rule last week updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by the…

The Senate is in session this week, but members of the House are back in their home districts giving credit unions the opportunity to meet to discuss issues facing the…

Advancing digital technology continues to transform the 401(k) experience for plan sponsors and participants. If your credit union, like many, still uses mostly paper-based procedures for 401(k) enrollment and distributions,…

A few years back Patrick Adams, CEO of St. Louis Community Credit Union, suffered a heart attack—and survived. He shared his story Friday at the co-located CUNA Technology Council and…

A community bank and two conservative groups are asking the U.S. Supreme Court to finally decide the constitutionality of the CFPB’s makeup—an issue that has sparked prolonged political and legal…

Competition for the payment transactions at the center of every credit union’s financial viability is changing and growing. Just last week, the OCC granted its first national bank charter to…

Greetings Compliance friends! Football is finally back in full swing and all is right with the world! That's not the only big news this week:On Tuesday, September 11, 2018, NCUA,…

Using a debit card to pay a merchant, in a store or online, is standardized and intuitive. But getting paid is neither. Receiving and depositing a check, getting the money…

A great manager doesn't automatically make someone a great leader. A leader must go one big step above managing to understanding and leveraging the power of relationships. "The best leaders…

Our world is changing fast. Consumers have new purchasing expectations, and they demand simplicity at every turn. In fact, 64 percent say they’ll pay more for simpler experiences. To stay…

It was a busy week in Washington, D.C.for credit unions, as five credit union leagues representing nine states came in for Fall “Hike the Hill” visits to discuss credit union…

Two NAFCU-backed bills advanced out of the House Financial Services Committee Thursday: one that would require data breach notifications for all financial entities, and one to streamline the Bureau of…

As we approach the end of the quarter three 2018, I can honestly say that I have never attempted a financial markets forecast with so many important economic, financial market…

In 2017, during the aftermath of Hurricane Harvey, $3 billion asset Credit Human Federal Credit Union in San Antonio needed to provide members with pre-approved, short-term emergency funds. It found…

While no one can predict the extent of Hurricane Florence’s devastation, the credit union industry wasted no time to raise funds that will be needed to help disaster victims. The…