This week: Gov’t shutdown looming, cryptocurrency hearing
House and Senate leaders are expected to pass another short-term spending bill this week to avoid another government shutdown that would occur after midnight Feb. 8. NAFCU will keep credit…
House and Senate leaders are expected to pass another short-term spending bill this week to avoid another government shutdown that would occur after midnight Feb. 8. NAFCU will keep credit…
It’s costing you money to stick with the status quo. According to an article in the Harvard Business Review, 67 percent of well-formulated strategic plans fail. Unfortunately, there’s a correlation…
It’s overly trite to say that credit union business has become “more complex” over the last decade. Perhaps it’s the greatest understatement of credit union movement. Naturally that affects everyone…
Millennialsare achieving financial milestones at different times in their lives than earlier generations. According to asurvey from Comet Financial Intelligence, while people are still following the same basic timeline regarding…
A crowded marketplace and the speed at which new technologies are revolutionizing banking makes crafting the right digital presence overwhelming for many financial institutions. Consumers now expect their banking provider…
Member retention is essential to the success of any credit union. Spending a lot of time, money and effort in getting a member only then to lose them is like…
While you’ve been told Google Translate is no match for the real thing, it’s easy to get that quick, one-off translation. What could it hurt when all you need is…
Last Friday, a federal judge in Virginiagranted a credit union's motion to dismissin a lawsuit alleging the credit union's website was not compliant with the Americans with Disabilities Act (ADA).…
You are who you spend time with. We've all heard this line – or something similar to it – and it's true. When we surround ourselves with positive, good people,…
CUNA and the Defense Credit Union Council (DCUC) asked the Department of Defense (DOD) to remove a problematic question from its guidance on the Military Lending Act (MLA). While CUNA…
NAFCU and a coalition of other trade groups met with the Federal Communications Commission (FCC) Thursday to discuss the Telephone Consumer Protection Act (TCPA) and the commission's efforts to target…
Misconceptions about millennials pervade politics and business, says pollster and author Kristen Soltis Anderson, including the idea that they don’t vote. But understanding this generation is becoming increasingly important for…
The powerful chairman of the tax-writing Senate Finance Committee is questioning whether credit unions still deserve their tax-exempt status. “I am concerned that the credit union industry is evolving in…
Bill pay is no longer limited to desktops or even financial institutions. New players have recognized the inherent value of a bill pay relationship and have big plans for capturing…
Is it just me, or does it feel like this year is pretty “light” when it comes to new regulations? Now that by no means is a bad thing, it…
Oh well, it’s on to the Supreme Court hopefully. Yesterday the Court of Appeals for the District of Columbia put the dreams of constitutional extremists like myself on hold when…
Back in the 70s when I was a kid, I remember going to the bank with my mom a couple times a week. She was helping my dad out with…
CUNA President/CEO Jim Nussle outlined the many ways credit unions continue to fulfill their statutory mission in response to a question from Sen. Orrin Hatch (R-Utah) to NCUA on whether…
NAFCU and the Defense Credit Union Council (DCUC) told the Department of Defense (DoD) in a letter Wednesday of the compliance challenges associated with its explanation of guaranteed acceptance protection…
In this podcast you will hear how adding insurance tracking to your lending institution's risk management strategy can bolster your business capabilities and protect against unforeseen risks. Learn from one…
News releasesare a great way for credit unions to get the word out about what they offer, what they are doing and to differentiate themselves. Unfortunately, many credit unions may…
Every generation has a different point of view, says Edith Cabrera-Tello, one of the younger members of Community 1st Credit Union’s board of directors. And her voice on the board…
Four former credit union employees, including a manager and a long-time teller and administrative assistant were banned Wednesday by the NCUA from participating in the affairs of any federally insured…
Here’s this week’s life lesson: Bank of America does not equal Bank of Americans. Last week, Bank of America announced it is eliminating free checking for account holders who maintain…