Marijuana banking has been a controversial issue among credit unions, regulators and legislators, as well as consumers. Given the current conservative, anti-marijuana Attorney General Jeff Sessions, credit unions have been curious whether this is a [...]
The question of whether to breed fear or courage in your employees seems to have an obvious answer—courage. But the way some companies approach workforce management, you would think they mostly wanted fearful employees. [...]
The recent Wall Street Journal article about the dominance of the three largest banks struck a visceral reaction among bankers. The key points were not only that the top three (JP Morgan Chase, Bank of [...]
With S. 2155 the law of the land, we’re not taking a breather. Instead, we’re focusing on earning more regulatory relief. We intend to make it clear that the Bureau of Consumer Financial [...]
Consumers today have the power to book a room across the country, hail a ride to anywhere they want to go, or order nearly any product or service to be delivered to their doorstep – and [...]
Yesterday was our last day in our Pennsylvania Avenue office, our home base in D.C. for 15 years. We’re leaving with some great memories and a long list of accomplishments we achieved on [...]
Overdraft and other checking account charges account for nearly half of credit unions’ fee income, according to the CUNA Fees Report. Credit unions are a better deal than banks: The average credit union courtesy-pay fee [...]
Depository checking accounts are falling, yet balances rising, as the new kids on the block, fintech firms like Walmart, pick up what is being let go. Moebs Services, a financial service research firm, has affirmed [...]
I sent a special edition of the Nussle Report yesterday after President Trump signed S. 2155. I hope you read it, because I meant everything I said. This historic victory was only possible because of [...]
Investment services can make a critical difference to members’ financial well-being and a credit union’s bottom line. However, many members may not see the credit union as a resource that can help them with [...]
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 up S. 2155 soon—the [...]
Can a credit union “buy” a member’s love and loyalty? Perhaps not, but if they want to try, card rewards are the single biggest currency the cooperative has at its disposal. This is particularly [...]
Credit unions thrive on giving their members an experience that evokes confidence and satisfaction. When a member finishes their transaction, they walk out the door knowing their money is safe and their transaction was successful. [...]
S. 2155 possibly up for vote in May—5 things you can do to support it: Our professional advocates estimate S. 2155 could be on the House floor as early as next month. To put [...]
Another frivolous ADA suit dismissed days after CUNA, league file brief: CUNA has filed six amicus briefs backing up credit unions in predatory lawsuits filed by plaintiff's lawyers attempting to exploit credit unions and abuse [...]
