CUNA supports NCUA’s proposal to provide regulatory relief through amendments to regulations regarding loans and lines of credit to members. CUNA filed its comment letteron the proposal Tuesday. “CUNA supports…
NAFCU Regulatory Affairs Counsel Andrew Morris today will participate in an industry update at the Electronic Check Clearing House Organization's (ECCHO) business committee meeting. ECCHO represents depository institutions' interests on…
Forty years ago, there was little talk in business about engaging employees, coaching and developing direct reports or cultivating the company culture. People stayed at the same organization for most…
The League of Southeastern Credit Unions in Tallahassee and numerous credit unions said today they will close their branches and offices at noon or 1 p.m. Tuesday and will remain…
There are many reasons to seek a clearer understanding of your members’ experience. Here’s one that really counts: while 80 percent of CEOs surveyed by Bain & Company believed they…
As you work to build the next level of leadership in your organization, include activities that exercise their thinking as part of a cross-organizational team. The typical focus on individual…
Organizations continue to support innovation efforts with everything from innovation labs to hackathons. While such efforts are well received by investment analysts, and are great fodder for senior-level strategic planning…
Fort Knox Federal Credit Union ($1.5B, Radcliff, KY) had approximately $180.5 million in money market account balances as of the second quarter of 2018. The Bluegrass State credit union would…
The Treasury’s Financial Crimes Enforcement Network (FinCEN) joined federal financial regulators, including NCUA, last week to issue a joint statement on sharing Bank Secrecy Act (BSA) resources. The statement addresses…
House members remain in their home districts this week as the Senate continues work in Washington. NAFCU encourages credit unions to set up meetings with lawmakers while they are gearing…
Cybercrime now costs the world an estimated $600 billion, or 0.8 percent of global gross domestic product, according The Economic Impact of Cybercrimereport from the Center for Strategic and International…
In the early morning hours of Monday, Sept. 10, then head teller for the $188 million URW Community Federal Credit Union in Danville, Va., sent a text to his supervisor.…
It’s the CU 2.0 podcast! CU 2.0 is excited to bring you the fifth in a series of podcasts from Robert McGarvey.Welcome to theCU 2.0 Podcast, regular interviews with credit…
I’ve said it before and I’ll say it again. Although credit unions continue to fret over litigation surrounding the applicability of the ADA to their websites, the litigation which should…
Increasing non-interest income to help cover costs and introducing new services and services while also staying true to your financial institution's mission can be tricky. One way to do so…
Many times, the qualities and leadership abilities of a boss can make a person a loyal employee or can quickly send them running out the door. What are these qualities…
CUNA President/CEO Jim Nussle and Deputy Chief Advocacy Officer for Policy Analysis Mike Schenk addressed the state of credit unions and opportunities for the future Thursday at the Competitive Enterprise…
The FBI, Department of Homeland Security (DHS) and Treasury Department on Thursday alerted U.S. financial institutions of another ATM cash-out campaignthey're identifying as "FASTCash." The sophisticated, cyber-enabled campaign has been…
Credit unions have had a lot on their technology plates of late, between rolling out EMV cards and keeping pace with the ever-changing mobile and digital needs of their members.…
Members can deposit checks using their mobile phones, but what about those who want to deposit cash without having to go to the branch? Linda Bodie and her staff at…
Two former credit union employees have pleaded not guilty to embezzlement charges. A November 5 jury trial is scheduled for Duane Allen Sikes, former mailroom employee of the Jacksonville, Fla.-based…
Federal regulators ruled Wednesday (October 3) that credit unions and community banks can pool resources for anti-moneylaundering complianceso that they can protect against financialcrimes and at the same time keep…
The stakes are high - $90 billion in fees paid collectively by merchants each year, according to Bloomberg.The proposed class action settlement amount is record-breaking - $6.2 billion, the most…
When I think of brands with a reputation for taking marketing risks, financial institutions are not at the top of my list. Most aren’t on the list at all. That’s…