While marijuana legalization varies tremendously state to state, all evidence points to an increasingly mainstream adoption of medical marijuana across the US, with over half of the union (30 states)…
While it has and continues to constantly evolve, Search Engine Optimization for credit unions has never been a more vital marketing channel. Where your credit union falls in a Google…
It was the shot heard ‘round the world last week when Build-a-Bear Workshop posted an urgent message on social media that it was closing lines on its Pay Your Age…
As I am sure you are all aware, NCUA's model bylaws provide for the formation of several committees to assist the board in carrying out its duties. While committees can…
I can see why people are intrigued by Venmo, the platform which facilitates person-to-person cash transfers. With a mobile phone it makes everything from paying up after a poker game…
CUNA issued a letter urging House leadership to Title XVII of the House Amendment to S. 488, the JOBS and Investor Confidence Act of 2018, which would delay the risk-based…
Following additional NAFCU-led efforts, the House Tuesday passed for a second time a two-year delay of the NCUA's risk-based capital (RBC) rule. The association has long advocated for a delay…
Large banks are closing branches in small markets to focus on more profitable markets where they can leverage efficiencies of scale, marketing dollars and favorable demographics. For example, Bank of…
The journey to becoming an authentic and effective leader starts by taking a moment to learn about yourself, says Jamie Marsh, director of BBA Career Services at the University of…
Virginia brothers pleaded guilty in U.S. District Court in Newport News last week for stealing and attempting to steal more than $1.7 million from credit unions, banks and national retailers.…
Finding engaging content for your Bank or Credit Union marketing ideas can feel a bit overwhelming. The Internet is seemingly endless and you may not know where to start. Here…
“Where are the millennials?”. This question has been echoing throughout the credit union industry since this age group (18-36 year olds) was first seen on the horizon in the post-9/11…
At first glance, upscale restaurants and credit unions probably appear as different as—well, upscale restaurants and credit unions. However, in my years of experience, I’ve realized the two have far…
Unprecedented times require fresh perspectives and frameworks that invite a deeper dive into the core of your organizational vision, competence, and competitive value. Traditional strategic planning focuses on creating stability…
Credit unions have a problem. So do many members. The problem is deposits, and it can be solved by applying a little behavioral economics (BE). Credit unions need to buttress…
How could data help your credit union attract new members? Hear more about why leveraging your data is so important and what you need to be doing to compete with…
Financial institution CIOs and technology business leads are grappling with the transition to an open banking economy, fully aware it’s their job to bridge the gap between surviving and thriving.…
CUNA Monday sent a letter to the House subcommittee on Financial Institutions and Consumer Credit regarding the subcommittee’s hearing upcoming on, “Examining Capital Regimes for Financial Institutions.” In the letter…
The House is set to vote today on legislation that, following NAFCU's persistent advocacy, includes a two-year delay of the NCUA's risk-based capital (RBC) rule. NAFCU has led the effort…
The latest disruption to the financial industry is the emerging presence of digital commercial lending. Consumers have long been able to apply for a personal credit card or mortgage online,…
What makes a loan officer successful? Regardless of future advances in technology, I hope there will always be room for a great loan officer. Yes, many consumers will be able…
The Independent Community Bankers of America has blasted CUNA’s upcoming awareness campaign, charging that the promotion is a taxpayer-funded effort to maintain an unlevel playing field in financial services. “It…
This year is the 50th anniversary of one of the most catastrophic mergers in history — the merger of two very large railroad companies, the New York Central and the…
During a recent credit union lending conference keynote, I offered up the idea that we–for the remaining hour–retitle the meeting the “Borrowing Conference” as a way to provide focus on…