Senate Banking Committee may be headed to vote on marijuana banking
Senate Banking Committee Chairman Mike Crapo (R-Id.) may be getting ready to allow the panel to vote on a marijuana banking bill by the end of the year. A Crapo…
Senate Banking Committee Chairman Mike Crapo (R-Id.) may be getting ready to allow the panel to vote on a marijuana banking bill by the end of the year. A Crapo…
Financial institution auto loan portfolios continue to grow annually. In fact, Experian1reported that auto loan balances climbed to $1.18 trillion in the first quarter of 2019, a 6.5% increase from…
A well-conceived digital transformation delivers growth opportunities on every front, allowing credit unions to connect with members and meet them on their terms. To unlock digital’s full potential, credit unions…
Being an executive comes with tremendous responsibility. If our business stops being successful or doesn't meet expectations, it is us – the presidents, CEOs, directors, etc. – who must answer…
Ten seconds—it’s the amount of time it takes you to tie your shoes, send a text, or, if you’re Usain Bolt, run 100m. Unfortunately, it’s also how long you have…
Have you noticed the recent changes to Facebook's ad policies? Getting a bunch of new 'your ads have been disapproved' emails? If you haven't, you most likely will the next…
I’ve always been drawn to the intrigue of mystery, thrillers, and the intersections of life when the world goes a bit dark. I love “Silence of the Lambs,” I’ve read…
Forty-two credit union professionals earned their Credit Union Business Lending Professional designation (CUBLP) at this year's CUNA Business Lending Certification School. This designation is awarded to attendees after they complete…
The Department of Justice (DOJ) announcedthis week that the U.S., in conjunction with international law enforcement authorities, disrupted a series of business email compromise (BEC) schemes that were designed to…
In our “data is king” world, it is imperative that individuals beyond the CFO are aware of certain information about their management group within the credit union. This is particularly…
Sarah Thomas shared her journey to becoming the NFL’s first female official during the co-located CUNA Technology Council and Operations & Member Experience Council Conferences Wednesday in Chicago. Thomas grew…
Kevin M. Biederman, a former business development manager for the $1.1 billionPhiladelphia Federal Credit Union,was sentenced to just one day in prison for his role in helping Pennsylvania public officials,…
Today more people are living longer – and the likelihood of living even longer increases for those who make it to retirement age. Here’s a look at how longevity plays…
Providing easy digital access is table stakes among rising numbers of credit union members who need anytime, anywhere access to funds. But along with increased access come new risks as…
I know everyone groans when the issue of flood insurance comes up – but here is a quick and easy summary of an important update. As of July 1, 2019,…
The banking industry continues to struggle with issues around reputation, trust and loyalty, failing to completely recover from pre-crisis issues that have resulted in new competitors and consumer backlash. One…
In this digitally competitive day and age, where everyone wants and expects an answer “yesterday,” being efficient is imperative. The mortgage market in particular has grown more and more crowded…
Credit unions consistently cite the current expected credit loss (CECL) standard as one of, if not the, biggest compliance challenge they are facing, and the Financial Accounting Standards Board (FASB)…
Mick Mulvaney, President Donald Trump's acting chief of staff and director of the Office of Management and Budget (OMB), offered his insights into the economy and likelihood of a recession,…
In mid-August, our family took a 10-day vacation to Nashville, where we stayed on a 200-acre working ranch with horses, a pool and a spotty internet connection. Two years ago,…
Certain testing exercises can enable credit unions to gauge their internal controls, and find and fill their security gaps, according to two security experts. Peter Misurek, information security engineer at…
The man who oversees cybersecurity for the United States said he doesn’t want to be thought of as a person who frightens people, but he did just that in speaking…
I recently made a weekday lunch-hour stop at my local Target. I was initially confused because parking lot was jam-packed on what shouldn’t be a busy day. Walking inside, I…
Names like Ticketmaster, Best Buy, Delta Airlines and the Atlanta Hawks might conjure images of fun and entertainment, but they all have something more unfortunate in common – all have…