Four lessons learned from the CU Leadership Convention
This past week I had the pleasure of speaking at the CU Leadership Convention in Las Vegas, Nevada. This was the first year I have attended this conference, and it…
This past week I had the pleasure of speaking at the CU Leadership Convention in Las Vegas, Nevada. This was the first year I have attended this conference, and it…
Today’s financial services landscape is rapidly changing. For credit union CEOs and executives, the best defense lies in the constant evaluation of threats and opportunities. Callahan & Associates speaks with…
Simply attending an event like Microsoft Inspire reminds you how incredible it is to be a part of the tech community today. Being on stage at such an event… well…
According to Experian Automotive, in Q1 2018 consumers chose residual-based financing for nearly 30% of all new vehicles financed. In 2019, as car prices and interest rates continue to rise,…
Sometimes funds show up in unexpected places… like as a positive balance on members’ open-end lines of credit. In particular, some members overpay their credit card bills. It could be…
NCUA delays RBC by one year: NCUA’s decision to delay its risk-based capital rule by one year is a step in the right direction, but we believe it’s still a…
The Federal Reserve published a Consumer Compliance Supervision Bulletin in July, which provides high level summaries of a variety of compliance issues the agency has observed in its supervised entities.…
Congressional recess is now in full swing as both the House and Senate are working in their home districts and states. This is a perfect time for credit unions to…
Three credit unions describe how they use electronic balloting to improve their board election processes. For credit unions seeking to make their board elections more efficient, cost-effective and convenient, adding…
On August 7, 1998, President Bill Clinton signed into law the Credit Union Membership Access Act (HR 1151). This followed a massive, 17-month advocacy campaign: The Credit Union Campaign for…
The word “policy,” uttered in the presence of a small credit union leader, can send shivers down the spine. They – the policies, oh the policies – must be reviewed…
By now, you've probably heard the sad auto industry news, that vehicle sales are down this year and are not expected to rebound anytime soon. Basically, auto manufacturers did too…
This is my favorite part of the summer. After months of nothing but basketball and baseball, football is back! NFL training camps are in full swing and last night marked…
A strong leader can change a company's culture and drive its success. A true leader inspires and develops others, which, in turn, causes them to willingly follow their lead. "Effective…
TheEconomic Growth, Regulatory Relief, and Consumer Protection Act(SB 2155), among other regulatory relief provisions, amended the 2015 Home Mortgage Disclosure Act to provide partial exemptions from the collection and reporting…
This year has been a “wildly successful year in credit union advocacy,” CUNA Chief Advocacy Officer Ryan Donovan said, and during the August recess credit unions have a great opportunity…
The NCUA Board on Thursday voted to maintain federal credit unions' current interest rate ceiling at 18 percent. NAFCU encouraged the board to consider increasing the interest rate ceiling or,…
For many businesses, including credit unions, the summer season can have more downtime than the rest of the year—financial matters are often pushed aside to be readdressed in the fall…
Our Campaign for Common-Sense Regulation had one goal: Deliver real regulatory relief for credit unions. By now, you know we succeeded. On May 24, President Donald Trump signed into law…
Brandon Michaels was only 32 years old when he was appointed president/CEO of Mazuma Credit Union in 2012, and was one of the first from the millennial generation to lead…
Great banking relationships are a lot like a healthy marriage. That may seem an odd statement to make, but these two types of relationships are more similar than you may…
Phishing scams, data breaches, hacks and physical theft are just a few of the techniques cybercriminals use to steal consumers’ private information. Synthetic identity fraud is one type of fraud…
Back in my old journalism days, a crotchety, pipe-wielding, testy newspaper publisher once asked the team why we were in business. To break news? Nope. To ensure a well-informed citizenry?…
Q: Thanks for taking the time to join us today, Steve. Can you describe your role as Chief Economist for CUNA Mutual Group? What sorts of factors and indicators are…