Syndicated

Yesterday’s announcement by the OCC that it will begin accepting FinTech Bank charter applications is as big a development for banking as passage of the Riegle-Neal Act in 1994 which…

The next CUNA Business Lending Roundtable will be held Jan. 29-30, 2019, in San Diego. This discussion-based event will cover a wide array of current and upcoming developments and issues…

The NCUA Board today will consider NAFCU's proposal to delay the agency's risk-based capital (RBC) rule. NAFCU has long supported and led efforts to delay the RBC rule so it…

Despite news reports that Fannie Mae and Freddie Mac will start pilot programs for chattel manufactured home loans, don’t look for a big move by them any time soon in…

New Hampshire’s largest credit union is not saying why its former CEO/president David Van Rossum is no longer working at the $3.3 billion Service Credit Union in Portsmouth. Exactly two…

“… credit unions are no longer flying under the radar – credit unions are targets of cybercriminal activity.” – Larry Fazio, Deputy Executive Director, NCUA The increased use of mobile…

With the aging of the baby boomers, we are seeing a tidal wave of credit union CEO retirements. Despite seeing great progress in the credit union movement, we find that…

Cue the Mission Impossible theme song. One of the blockbuster movies this summer is Mission Impossible: Fallout. If you haven’t seen it yet, get to a theatre near you for…

“You can’t teach an old dog new tricks.” I’m sure we’ve all heard it before. The old saying simply describes how difficult it can be to change someone’s established behaviors.…

Digital transformation is the new buzz phrase across many industries, including financial services. And while optimizing consumers’ experience should be the focus of digital transformation, a successful strategy isn’t one-size-fits-all.…

Major merchant data breaches continue to put millions of consumers at risk, CUNA and other financial trade organizations wrote in a joint letter Tuesday. The joint letter was sent to…

Sharing many ideas put forward by NAFCU, the Treasury Department on Tuesday released a report detailing ways that Congress and regulators could aid the growth of fintech companies. Also yesterday,…

Increasing member share of wallet--the amount of business a member does with your credit union versus banks or other financial services companies--is a constant battle. In the CUNA Councils webinar…

A new technology is being tested to battle counterfeit cards at the point of sale–it detects fake cards by how they are encoded. Analysts say that the solution may have…

Credit unions are counting down to an accounting sea change. New current expected credit loss (CECL) standards will take effect at the end of 2021 for all financial institutions. Credit…

Does your mobile banking app leave some people wondering scratching their heads? Do they get lost? Confused? Stuck? While smart design, robust security, cutting-edge features are all ingredients that go…

Imagine a credit union where all managers have the same level of leadership training. A credit union where managers know what is expected of leaders in their organization and where…

Here at CUNA Mutual Group we have 12 Employee Resource Groups (ERGs). The ERGs are available to all employees and include – but are not limited to – women, multicultural,…

CUNA will be engaged with several Senate floor activities this week, including consideration of several bills that would have an impact on credit unions. The Senate Banking Committee will also…

NAFCU Board Chair Jeanne Kucey told Credit Union Journal that regulatory relief is her top goal: "We need to roll back some of the burdensome regulations so credit unions can…

Dynamic, engaging and versatile, video marketing is undoubtedly a stronghold in mobile advertising today. It’s also one of the most popular ways consumers view content. “For credit unions, video marketing…

A key member of the House Financial Services Committee wants to see lawmakers focus next year on oversight of the “muddied and fairly opaque” markets for initial coin offerings and…

The need to accelerate talent development is not new but is becoming more important in today’s changing landscape. We are inundated every day with a push to develop leaders faster…

Known mainly in the automotive business and among a few large banks, ChannelNet recently launched a marketing platform for community banks offering personalized messaging, relevant offers, and informational content on…