Credit unions are well positioned after Tuesday’s election into the 116th Congress, CUNA President/CEO Jim Nussle said during CUNA’s post-election webinar Thursday. Nussle was joined by Chief Advocacy Officer Ryan…
NAFCU's award-winning advocacy team is preparing for Congress to return to Washington following this week's midterm elections. Although the 116th Congress will be "split" – with Democrats controlling the House…
Catering to members who log long hours in trucks traveling across the country, Sharmon Lenth, president/CEO of $20 million asset Coast2Coast Financial Credit Union in Tampa, Fla., understands members must…
At TransUnion, we believe that consumer access to multiple credit scores is key to expanding economic inclusivity. Earlier this year, we looked at how the use of additional credit scoring…
Almost two-thirds of financial institutions expect their ATM networks to grow, but far fewer expect the ATM channel to become a more important part of their business, according to the…
Over 13M Americans (5.35%) have finished holiday shopping! Now for the good news – the other 95% of shoppers still have not completed! However, another 18% anticipated being finished by…
If your credit union or bank’s website were a dating profile, what first impression would you be giving prospects? Are you the hip, attractive guy who runs five miles a…
Auto refinance companies are presenting more unique solutions for lead generation than ever before. Credit unions can attract new members and add new loans by partnering with refinance companies that…
Richard Rumelt, author ofGood Strategy/Bad Strategy:The Difference and Why it Matters, openedCEO/Executive Team Networkin Nashville this week with a discussion of strategy—andwhat it is not. Bad strategy is not simply…
CUNA President/CEO Jim Nussle and other CUNA leaders will break down what a Democrat-controlled House and a larger Republican majority in the Senate means for credit unions Thursday in a…
Providing credit unions with an update from Tuesday's midterm elections, NAFCU Director of Political Affairs Chad Adams said it was a good night overall for friends of the industry. As…
Let’s face it, these are tough times for managing liquidity. Credit unions are trying to strike the right balance between having too many liquid assets or too few. During the…
Among the most fastest growing types of identity fraud is synthetic fraud, which has exploded with the proliferation of data breaches such as Equifax. “You need to be aware that…
Catching up on some recent credit union tech implementations utilizing outsourcing on a cloud, creating a better omnichannel experience and ATM messaging. The Monett, Mo.-based Jack Henry & Associates’ Symitar…
If your credit union or bank marketing strategy doesn’t include community involvement during the holiday season, then you’re missing the mark. Consumers today—specifically millennials and Gen Z—are increasingly cause-driven. They…
To date, credit unions have been faced with the choice of providing credit card processing in-house or outsourcing. Historically, only big credit unions ran in-house credit card processing. Smaller CUs…
When the Financial Accounting Standards Board set forth a new credit loss accounting standard model, known as CECL, Michigan State University Federal Credit Union ($4.1B, East Lansing, MI) sprang into…
The ongoing seismic shift toward digital technologies poses significant challenges for retail banks and credit unions. Financial institutions are accustomed to interacting with consumers in brick-and-mortar branch environments. These days,…
In the 3rd episode of the Data Lake BIGcast series, Disruptive Data, John Best speaks with Allied Solutions’ David Hilger and Michael Bryan, Senior Vice President and Head of Digital…
Tuesday’s mid-term elections resulted in a credit union friendly majority being elected to the 116th Congress, CUNA President/CEO Jim Nussle said Wednesday. CUNA, leagues, credit unions and members were heavily…
Based on election results as of press time, Democrats have won enough seats to take control of the U.S. House of Representatives in the upcoming 116th Congress; while the Senate…
The current expected credit loss standard—or CECL as it is more commonly called—will fundamentally change how U.S.-based financial institutions account for credit losses. Before CECL, FIs used relatively simple analytical…
A federal judge ruled there were enough facts in a former credit union employee’s lawsuit that alleged she was fired by the $493 million Florida Central Credit Union because of…
Change is happening at an unprecedented rate within payments. Part of that is fueled by emerging technologies, but a lot of it has to do with the shift in consumer…