News Archives

Navy FCU sails past asset record

Navy FCU sails past asset record

For the first time in world history, a credit union has surpassed $100 billion in assets—and it continues to grow at a record pace. In the process, Navy Federal Credit Union has also entered [...]

Checking – Dead or alive?

Checking – Dead or alive?

The lowly checking account. Once the primary vehicle for member transactions, but now second fiddle to an assortment of payment alternatives. At least that is what many postulate and pronounce. Recently, we reported on the [...]

Digital banking transformation requires cultural reboot

Digital banking transformation requires cultural reboot

Virtually all financial institutions in the world are focused on making their organization ‘more digital’. From overhauling back office operations to leveraging new technologies to increasing customer engagement, the requirement to understand and respond to [...]

The ROI of taking the time

The ROI of taking the time

I remember when I first started as a teller and my new face automatically translated to; CAUTION! NEW! SHE KNOWS NOTHING! I was pretty sure after my first few weeks that I was wearing some [...]

But I want more!

But I want more!

A long time ago in the land of Financial Bliss where money is never a problem, there was a new CEO who felt undervalued because his base pay was not at the midpoint of the [...]

2019 Executive Committee of CUNA HROD Council announced

2019 Executive Committee of CUNA HROD Council announced

The 2019-2020 Executive Committee of CUNA HR & Organizational Development Council was officially announced at the council’s annual conference in Anaheim, Calif. Lisa Baron, SVP human resources and talent management, Baxter CU, Vernon Hills, [...]

Survey: Payments fraud increasing

Survey: Payments fraud increasing

A survey revealed that more than 80 percent of organizations – including financial institutions and other businesses – suffered from payments fraud in 2018. Fraud was also more common among larger institutions: 87 percent of those with [...]

The HR leader as executive coach

The HR leader as executive coach

A panel of credit union CEOs weighed in on the value human resources (HR) leaders provide when they step into the role as executive coach during the 2019 CUNA Human Resources & Organizational Development Council [...]

NCUA wants to give CUs greater compensation flexibility

NCUA wants to give CUs greater compensation flexibility

Responding to what it sees as a need to update “outdated and burdensome” regulations, the NCUA on Thursday issued an Advanced Notice of Proposed Rulemaking requesting information on how to update regulations related to how [...]