Overturn turnover by watering your lawn
The other day, I heard someone say, in response to an employee leaving their company, that the grass isn't always greener on the other side; he'll be back. While I have mixed thoughts about that [...]
News Archives
Crypto regulation needed, CUs need authority to engage
Credit unions support appropriate oversight and regulation of the digital assets marketplace and must have the authority to participate, CUNA wrote to the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion this [...]
Sens. Cardin, Ernst share NAFCU’s concerns on SBA lending proposed rules
Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin, D-Md., and Ranking Member Joni Ernst, R-Iowa, wrote to the Small Business Administration (SBA) this week to express major concerns on two proposed rules issued by [...]
NextGen Know-How: 5 books every leader should read this year
A great book can change your perspective, open up possibilities, build self-awareness and spark personal growth and change. There is one author whose work has had a big impact on my life over the past [...]
Vote for your favorite credit union mascot
Which credit union mascot is the best? CUNA News staff have compiled 16 of the goofiest, most creative, intriguing credit union mascots across the U.S. Now, over the next month, readers can trim that [...]
Six signs of ageism in the workplace and how to deal with it
You might imagine that the modern-day workplace has left discrimination in the past century because the new wave of employers, HR managers and employees have all been well-educated about the value of an inclusive work [...]
Risk Environment Part 2: Leveraging your CELC journey for continued success
“CECL becomes effective for federally insured credit unions for financial reporting years beginning after December 15, 2022. Required regulatory reporting will begin with the March 31, 2023 Call Report. Institutions may adopt the standard sooner.” [...]
CFPB enforcement actions on military lending violations
In continuing with a busy start to 2023, the Consumer Financial Protection Bureau (CFPB) has brought a couple of interesting enforcement actions for violations that predominantly affect military families. CFPB’s Action Against TitleMax The [...]
Why a fractional executive?
In today’s fast-paced and ever-changing business environment, it’s becoming increasingly important for companies to be flexible and adaptable. One way to achieve this is by hiring a fractional leader or an interim or [...]
Are your members hesitant to adopt ITMs? One credit union has an innovative solution
ITM adoption can be a controversial topic with members. From concerns that they’ll be losing access to real human service to worries about new technology, automation, and branch staff losing their jobs, many members [...]
A quick run-down on real-time payments and liquidity management
As credit unions move forward with real-time payment adoption, how to connect is the primary consideration. However, another major decision is whether or not to use a funding agent (or correspondent partner). Participating in real-time [...]
Serving multicultural members by “reading the room”
Like many children of immigrants, my parents held down long hours at work and often juggled multiple income streams. This left me to be raised by my grandmother, an undocumented immigrant with no formal education. [...]
Prove it, credit unions!
Dime-a-dozen promotions fill the web, but to build true trust with your credit union’s staff, membership and community, it takes more than super fabulous and illuminating adjectives. It takes facts—solid statistics and proof [...]
International CU advocacy makes positive impact in Ukraine
World Council of Credit Unions (WOCCU) International Advocacy and its partners outlined how advocacy efforts by U.S. credit unions have resulted in meaningful changes for credit unions and their members in wartime Ukraine, and [...]
#NAFCUNation: New campaign to elevate CU advocacy, celebrate industry
NAFCU President and CEO Dan Berger Monday announced a new digital and social media campaign – #NAFCUNation – to elevate the credit union industry and tout its efforts to serve millions of Americans and support local communities. [...]