Syndicated

October 8, 2017, was like any other Sunday for Redwood Credit Union ($4.4B, Santa Rosa, CA). But business as usual was about to change. At close to 10 p.m. a…

Community banks and credit unions have special appeal for cyber criminals. Why? Smaller financial institutions maintain large amounts of financial and personal data, but are perceived to lack the same…

The Wall Street Journal is the best paper in America but if all you did was read the Journal, you could be forgiven for thinking that credit unions, as opposed…

As the payments industry undergoes change brought about by technological advancements, debit remains the second most frequently used form of payment behind cash. The U.S. debit card market accounts for…

The NCUA awarded $2 million in grants to 203 low-income credit unions, funding from the agency’s Community Development Revolving Loan Fund (CDRLF). CUNA strongly supports full funding for the CDRLF,…

NAFCU's Andrew Morris today will attend the Financial Accounting Standards Board's (FASB) Transition Resource Group for Credit Losses to gain insights on issues that might arise when companies and organizations…

Joe Newberry believes in the power of transformational leadership. This leadership approach takes a great organization and makes it excellent, guiding the management team and employees alike toward becoming more…

Has your credit union advertised or disclosed rates on open-end loans as “fixed” without specifying a time period that the rate will be fixed? If so, you’ll likely have to…

The NCUA issued October prohibition notices Wednesday that banned four former employees, including two CEOs, from participating in the affairs of any federally insured financial institution. Savannah Yang, a former…

As the push to (rightly) include a wider variety of people and perspectives continues to make its ways through film, television, and print, what we’re already seeing on our computers…

Our family has always gone all-in for Halloween (think the Griswold house from “Christmas Vacation”). Spooky lights, tombstones, fog machine—the works. We’ve also added, over the years, several animatronic zombies.…

The process of switching financial institutions tends to be scary for members. Realizing your billing information is out of date can haunt a member, and getting hit with several months…

Happy Halloween, Compliance Friends! With the rise of social media, there seems to be a day and/or month for nearly every thing, occasion or cause. However, the observation of October…

Over the last decade, banks and credit unions have needed to respond to the impact of the financial crisis, the digitalization of the industry and mobilization of the consumer, an…

CUNA members can now access a free recording of a webinar outlining the latest development in patent litigation brought against several credit unions involving remote deposit capture (RDC) technology. The…

Oral arguments concluded Tuesday in the case against the Department of Labor Federal Credit Union (DOLFCU) regarding unclear website accessibility standards under the Americans with Disabilities Act (ADA). NAFCU attended…

The jury is still out on how successfully video tellers can replace face-to-face transactions, says Chris Gill, senior director of global advisory services at Diebold Nixdorf, Canton, Ohio, an ATM…

There are the stories of millennials being saddled with large student loans, living in their parents’ basements, and having difficulty finding jobs. But things are looking up for this generation…

P2P payments are surging at a brisk 250% clip, but not all payment services are catching on yet, according to the annual App Store Research from Malauzai Software, a Finastra…

To prepare to take a larger chunk of consumer spending over the holidays, Walmart plans to offer digital maps in its stores to guide shoppers to product locations. At the…

When I accepted the position of CEO of Coopera earlier this month, my team gave me a framed quote that, in terms of the organization’s mission and my own personal…

Notre Dame Federal Credit Union ($628.1M, Notre Dame, IN) prizes diversity and inclusion in its service to 58,000 members. So much so, in fact, that it has created a staff…

To keep pace with changing personal goals, technology and organizational initiatives, our knowledge and skills need to evolve and develop. The book you read, course you attended or degree you…

SarahVega, recently named as the new president/CEO of the Cooperative Credit Union Association, has decidedto remain at her NCUA post. At CCUA's recent Annual Convention, the board announced its selection…