Publisher’s Note: Scroll down for a Spanish language version of this article. On October 10th, NLCUP participated in a workshop in collaboration with the National Credit Union Foundation. Perhaps each attendee at the event [...]
Over seventy percent of small financial institutions are experiencing an increase in fraud rates (PYMNTS). Fraud attacks are not only increasing, but they are also becoming more sophisticated. Even some old threats are being revived [...]
Once again, we have reached that stage of the calendar year. Along with cooler temperatures, shorter days, and planning for the holiday season comes a focus on 2024 and predictions for the year ahead. If [...]
CUNA is concerned the Department of Labor’s overtime proposal—while it attempts to strike a balance between the 2016 and 2019 overtime rules—will have negative impacts on credit unions in rural and low-cost [...]
The CFPB Tuesday announced a $12 million order against Bank of America for submitting false mortgage lending information to the federal government under the Home Mortgage Disclosure Act (HMDA). The bureau’s order requires Bank [...]
A few years ago, we started working with a CEO who had only been in the role for a few years. They wanted to implement a professional development program that would thrust the organization forward, [...]
The credit union website development process sounds quite intimidating, especially if you lack an IT background. Words like “programming” and “code” make the process seem completely inaccessible. But don’t let it scare you! You [...]
Humans are naturally impatient creatures, yet we are forced to wait before we can enjoy the majority of our worldly pleasures. Trips to amusement parks consist of hours upon hours of waiting in lines for [...]
Generally, once a bankruptcy case closes, the bankruptcy judge issues an order of discharge and the debtor is discharged of all dischargeable debts. Once a debt has been discharged, a credit union is barred from [...]
Are you ready to see what artificial intelligence can really do for your Credit Union or Community Bank, beyond the buzzwords and the hype? Forget the jargon and the tech-speak; this episode is tailored for [...]
Before I discuss this dysfunction between the board of directors and leadership at OpenAI and SECU, we must understand that today, a credit union is a technology company, not just a place to make deposits [...]
The Federal Reserve (Fed) met late last month to discuss debit interchange fees and routing under Regulation II. During that meeting, the Fed issued a request for comment to dramatically reduce debit interchange fees for [...]
My friend and colleague April Clobes, President and CEO of MSU Federal Credit Union, has a background in marketing. She’s creative, driven and tenacious. Most of all, she’s a darn good listener. Listening [...]
For many, the holidays can be ‘the most wonderful time of the year’. Unfortunately for most businesses, it can also be the most fraudulent time of the year. Why is that, when so many are [...]
CUNA and NAFCU suggested principles the Consumer Financial Protection Bureau (CFPB) should operate under and made other recommendations on the CFPB's structure, rulemaking, and more in a letter sent to the House Financial Services Committee [...]
