Judge again denies request to delay CFPB payday rules
A federal judge again has denied a request by the CFPB and an association representing payday lenders to delay the Aug. 19, 2019 effective date of the agency’s controversial payday…
A federal judge again has denied a request by the CFPB and an association representing payday lenders to delay the Aug. 19, 2019 effective date of the agency’s controversial payday…
Before I could enter Seattle’s Amazon Go store this June, I was required to download the Amazon Go app to my smartphone. I was able to do this within a…
You, credit union staffer, are a hero. What you do each day improves members’ lives, helping them envision, plan for, and achieve a better future. You’re on the inside of…
Newsweek magazine published a language analysisof US presidents done byFactBaseconcluding that Donald Trump speaks at a mid-fourth grade level, the lowest of all presidents analyzed, more than one grade level…
Mobile wallets are getting a lot of buzz. Well-known solutions like Apple Pay and Samsung Pay have captured the attention of the media, and the image of smartphone-waving hipsters at…
A CEO recently told me he wants to transform his community financial institution into a digital bank but keeps hitting an all-too-common internal roadblock: "But this is how we've always…
NCUA’s latest letter to credit unions (18-CU-01) provides an update on five Examination Modernization Initiatives designed to improve and modernize how the agency conducts examination and supervision. The NCUA board…
More than 300 credit union representatives are in Denver this week for two NAFCU seminars focused on Bank Secrecy Act (BSA) and risk management. As credit union compliance officers and…
Explore the latest developments in credit union lending while making meaningful new connections at this year’s CUNA Lending Council Conference. From October 28-31, 2018, at the Disneyland Hotel in Anaheim,…
Before the fight to pass H.R. 1151, the Credit Union Membership Access Act, credit unions were somewhat of a political afterthought on Capitol Hill, says Buddy Gill, a chief architect…
In a new statement to CU Times, Alan S. Kaufman said he will vigorously defend himself against what he described as misleading charges made by the NCUA against him. “I…
Your navigation menu can make or break your credit union website design. It’s one of the most important parts of your website because that’s how users flow through the site…
Once again, summer has flown by and the back-to-school season is upon us. The start of a new school year is exciting, but it can also be stressful for parents…
The days when banks and credit unions could get away with a mobile banking app that did little more than show balances and transaction histories are over. Today financial marketers’…
There is something about the servant style of leadership that sticks. The leaders that embody this style remain fixed in your memory and are top-of-mind when recalling past effective bosses.…
NCUA’s risk-based capital proposed rule has been published in the Federal Register, and comments will be due Sept. 7. CUNA called the proposal a step in the right direction, but…
NAFCU President and CEO Dan Berger is the featured speaker at today's African-American Credit Union Coalition's (AACUC) 20th Annual Conference, which is being held in Atlanta, Ga. Berger will give…
It is well understood that, when formulating a strategic plan, members of the executive team set a future vision for the organization, enumerate the strategic and financial goals that they…
In the age of information revolution, credit unions need to adopt a data strategy that will allow them to gain a better understanding of their members before they make decisions.…
Facebook reportedly is working with several financial institutions to incorporate customers’ personal financial data, including credit and debit card transactions and checking account balances, to extend the social network’s footprint.…
One of the main sources of wealth among American families is homeowner equity. According to a report from the Federal Reserve1, household net worth in this country rose to a…
I'm in the Outer Banks of North Carolina this week. It is a wonderful corner of our planet - Kate and Briggs are enjoying the beach. As you might expect…
If I gave you a million dollars for this project, what would you give me back? I sit and reflect on a recent question I had about the solution my…
Credit unions possess many data points on their members’ habits, but they run on disparate systems making it difficult to manage and glean much insight. However, recent storage cost reductions…