The latest from Robert McGarvey

Sep 26, 2018 - by Robert McGarvey, McGarvey's Words

BSA, AML, and your credit union

Ask a senior credit union executive what’s new at his/her institution in regard to anti money laundering (AML), Patriot Act, and Bank Secrecy Act initiatives and the reality ...

Aug 31, 2018 - by Robert McGarvey, McGarvey's Words

On the digital transformation journey with GTE Financial’s Brian Best

It was mid 2016 when Brian Best was handed the top job at GTE Financial in Tampa FL and he’s been charging ahead since.  With over $2 billion in ...

Aug 24, 2018 - by Robert McGarvey, CULIANCE

Big data and your credit union: Black magic or salvation?

The stampede is on. Suddenly credit unions across the nation have become convinced that big data is the path to prosperity. The good news: that’s half right. The bad ...

Jul 11, 2018 - by Robert McGarvey, McGarvey's Words

The cooperative advantage: Are you using it?

Credit unions are cooperatives – although not all know it. Now you do. But the important reality is that, as a cooperative, a credit union has a potentially massive ecosystem to ...

Jun 14, 2018 - by Robert McGarvey, CULIANCE

Making your board ready for 21st century duty

Ask credit union governance experts what has gone wrong with credit union boards and there’s no hesitation in the answer. Everybody knows what’s wrong with them. J. Keith ...

May 17, 2018 - by Robert McGarvey, CULIANCE

All generations now use mobile banking—but millennials want improvements!

One big, screaming takeaway from a recent survey by Javelin and the identity firm Jumio is that all generations now accept and use mobile banking. For some years we’ve ...

May 10, 2018 - by Robert McGarvey, McGarvey's Words

The vanishing credit union gets bigger

The April CUNA Mutual Trends Report drops a paradoxical bomb that leaves us confused: are credit unions getting bigger? Or are they vanishing? First the good news: more of us ...

Apr 11, 2018 - by Robert McGarvey, CULIANCE

The 21st Century ATM

I come not to bury the ATM but to praise its new powers. Forgive me for borrowing from Shakespeare’s Mark Antony in Julius Caesar, but it’s what popped ...