Welcome to the CUInsight Minute, sixty seconds from our Managing Editor John Pettit with our favorite reads from the week.
Is your credit union ready for a channel-less future?
by JEFFREY DILLON, CUNA MUTUAL GROUP
This past year is widely seen as the time when everyone’s lives got at least a little more digital. The importance of undergoing a “digital transformation” has been recognized for years, even by credit unions that weren’t quite ready to tackle it… (read more)
Does NCUA really need unlimited vendor authority?
by JACK ANTONINI, NACUSO
On May 19, after the House Financial Services Committee Chairwoman Maxine Waters prepared a draft bill for introduction a few days earlier, NCUA Chairman Harper testified at the House Financial Services Committee requesting unlimited vendor authority. Clearly cyber security has taken on more urgency as we see continued high profile attacks on America’s infrastructure in recent weeks.. (read more)
Three perspectives on the credit union market in 2021
by BLAKE WOODS, TRANSUNION
As we slowly emerge from the global pandemic, credit unions (and all lenders) are evaluating their strategy, performance and member service models over the past 15 months. Many credit unions found efficiency in a more digital environment as branches were closed for extended periods in certain geographies in 2020… (read more)