The number of checking accounts has fallen by almost 100 million in the last six years, thanks to competition from fintech products and companies such as Walmart, Starbucks and Apple,…
A few months back, I shared my first audio post. It was incredibly well received. In that I enjoyed it and other people (probably) listened to it. With such a…
Because we focus so much on the perils of financial risks, it’s easy to overlook other areas of risk that present a threat to the bottom line. When one of…
Motor City, meet Mortgage City. After decades of epic decline and decay, Detroit is undergoing a dramatic, if uneven, resurgence, led by Quicken Loans, which overtook Wells Fargo this year…
How exactly does Enron make money? That was the gist of the big question reporter and writer Bethany McClean asked then Enron-CEO Jeff Skilling during what was perhaps the biggest…
No longer a tween, my son becomes a teenager today. It’s hard to believe that I now have a 13-year-old. It seems like just yesterday he was my inquisitive little…
As voters start to head to the polls for the 2018 primary elections, CUNA and credit unions will be supporting credit union-friendly candidates around the country. In Tuesday’s elections, credit…
NAFCU President and CEO Dan Berger outlined a number of top legislative items still pending before Congress and asked leaders in the House and Senate in a letter Monday to…
The long-awaited changes to the Bank Secrecy Act’scustomer due diligence requirements go into effect this Friday, May 11. Although many credit unions may not deal with the type of sophisticated…
With total memberships of 110 million, credit unions have the potential to be grassroots powerhouse in Washington, especially when you consider the membership numbers of such lobbying stalwarts such as…
Is it time for credit unions to be more concerned about checking competition from some big-name, big-budget brands that also own fintechs? Despite the record level of deposits in checking…
Kudos to our good friends at CUNA for joining in a petition seeking clarification from the FCC about when exactly the TCPA applies. Although I continue to get the sense…
With the grant funds it was awarded, Members Credit Union was able to purchase Spanish seminar-in-a-box kits from CUNA, as well as materials for financial education sessions with Hispanic youth.…
Sit back and imagine your ideal, perfect workday. What would it look like? Would it be a day without meetings? Perhaps it would be a day without interruptions. Maybe your…
Last-ditch efforts by one large interest group and three state attorneys general have failed to rescue the Department of Labor's (DOL) fiduciary rule, which was struck down by the 5th…
This week I think I will hold off on the 80s and 90s pop culture references and overall nostalgia and relate a common thread that most compliance folks may relate…
The Bureau of Consumer Financial Protection (CFPB) has finalized its July 2017 proposed amendments to the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosure (TRID) rule. The amendments…
NAFCU will be active on Capitol Hill this week pushing for credit union regulatory relief on several fronts as the House prepares in the coming weeks to consider the NAFCU-backed…
First Alliance Credit Unionhas been using Portico from CUES Supplier member Fiserv, Brookfield, Wis., as its account processing system since November 2014 and recently added Instant Issue Advantage: Tablet. The…
If you’ve ever felt like you need to escape the daily grind—that human hamster wheel we call adulthood and work—and that you need some changes in your life, just try…
This summer, join credit union leaders from around the country at CUNA’s Strategic Planning Roundtable. Over two days, well-regarded industry experts will systematically examine the foremost trends that matter most…
A Georgia couple has filed suit against Delray Beach, Florida-based IBM Southeast Employees’ Credit Union and a former CUNA Brokerage Services, Inc. (CBSI) representative, alleging that they were bilked out…
S. 2155: Now is the time to take action! Folks, if you've been waiting on the sidelines, it's time to get in the game. The House is likely to take…
Maybe your Credit Union or Bank has been on Instagram now for a few months, or maybe even a year... and you're ready to have your first successful Instagram contest!…