Who do you have in your corner?
If you were to win an award, who are the people you’re thanking in your acceptance speech? Success is often marked as a personal achievement. But in reality, there are…
Syndicated
Credit unions need liquidity flexibility, bank parity
CUNA wrote the Senate Banking, Housing, and Urban Affairs Committee in support of the credit union position on third party vendor authority, privately insured credit unions, deposit insurance reform, and…
NAFCU outlines priorities for Congress ahead of regulator oversight hearing
Ahead of today’sSenate Banking Committee hearing to provide oversight of the federal financial regulators, NAFCU Vice President of Legislative Affairs Brad Thalerreiteratedthat credit unions stand ready to meet the financial…
Overtasking the multitasker
Back in the 1940s, Rosie the Riveter was the nation’s premiere poster girl. Rosie—with her stoic face, strong, flexed arm and clenched fist—was an empowering symbol for a generation of…
Credit unions’ opportunity to reconnect with their most “essential” members
When the economy shut down in March of 2020 due to Covid, many office workers went home. Hybrid and remote work options were developed. Howeveressentialworkers stayed on the job: the…
When to rebrand
“Cookie cutters are for baking, not branding.” —David Brier, The Lucky Brand “It’s time to rebrand.” Have you ever heard that statement from a board member, C-suite executive or marketing…
The current state of CPI
The pandemic and rapidly rising rates has caused an unprecedented shift in the market. Join Anne Holtzman as we discuss the current state of CPI and the importance of having…
Episode 6: Knowing your cyber adversary – The latest on ransomware
On this week’s episode of Cyber Tide, VP and Chief of Strategy Mark Sangster and Co-founder and EVP Tim Evans are joined by Kevin O’Connor, former U.S National Security Agency…
Overcoming CUs’ constraints for fintech CUSOs
By the end of the 2010s, adoption of digital fintech was relatively slow but steady, if a bit apprehensive. Credit union constraints and doubts remained common and unsure whether to…
FHFA must provide transparency around mortgage pricing
The Federal Housing Finance Agency (FHFA) should be more transparent in its pricing of guarantee fees, CUNA wrote to the House Financial Services Subcommittee on Housing and Insurance.The commentswere submitted…
Harper illustrates CU industry stability for Congress
The House Financial Services Committee provided oversight of the federal financial regulators Tuesday, with NCUA Chairman Todd Harper testifying to the stability of the credit union industry. Harper detailed the…
Leadership Matters: The leadership see-saw
Leadership is a balancing act. Almost every quality of great leaders can be overdone, and their opposite can even be needed on occasion (except for integrity). For example, being outspoken…
Personal loans are a growth area with cross-sell opportunities
The unsecured personal loan business continues to boom at the same time that the competitive lineup is shifting. The impact of inflation is not only prompting consumers to seek out…
Five signs it’s time for your credit union to automate month-end close
Let’s face it: The month-end close process can be a real pain for your accounting team. With so many tasks to complete, it can be overwhelming to handle everything. And…
What is your “root system”?
A leader's root system is what makes them the leader they are today. Our root systems tell us what to do, how to react, communicate, and think about things. It's…
Credit union liquidity fears give CUSOs the stage to shine
Whether it was the leftover effects of the COVID pandemic, inflation-related factors, or liquidity fears in the economy, small-dollar lending found itself in the limelight once again in 2022. New…
Leaders in Lending | Ep. 109: Keeping pace with risk mitigation and regulatory changes
Consumer credit is a hot topic. With new credit products like Buy Now Pay Later (BNPL) hitting the market and the always-evolving impacts of credit reporting, banks need to expertly…
The ride-share conundrum: An exception to an exception
Greetings, compliance folks! I recently had the pleasure of enjoying a road trip from Northern Virginia down to sunny Orlando, Florida – my wife, our two kids and I piled…
NCUA’s Harper, federal regulators testify before House Financial Services Committee
CUNA highlighted the credit union system’s overall health and supported several NCUA-related priorities in a letter to the House Financial Services Committee Tuesday. The letter was sent for the record…
NAFCU sets record straight on CU tax exemption
NAFCU Senior Vice President of Government Affairs Greg Mesack Mondaywrote to Congressto set the record straight on the credit union tax exemption, noting that it allows credit unions “to reach…
Using text to improve the collections experience for members and staff
$1.9 billionHughes Federal Credit Unionwas formed in 1952 in Tucson, Arizona, to serve the financial needs of Hughes Aircraft Company (now Raytheon Missiles & Defense) employees and their families. In…
As a deposit strategy, ‘new money only’ rate offers are a poison pill
There’s a lot of irony in banking institutions’ deposit strategy right now. Some are using what one banker called a “delay and decay” approach. The idea is to hold out…
In conversation: Elan Credit Card and Matadors Community Credit Union
Elan Credit Card and Matadors Community Credit Union began their partnership in 2009. Over the last 14 years, Elan has provided Matadors’ 20,000+ members with credit card products, the latest…
What is credit union marketing’s REAL job?
What are your expectations for your credit union marketing team? If your credit union is like most organizations, marketing is taking on a more strategic role, moving from traditional roles…