The financial ecosystem model
It’s a rare, but fortunate, occasion to discover an opportunity within your industry to diversify your offerings and grow your business. Financial industry analysts are describing that opportunity for credit…
It’s a rare, but fortunate, occasion to discover an opportunity within your industry to diversify your offerings and grow your business. Financial industry analysts are describing that opportunity for credit…
It’s sad to say, but the bad guys are winning. Earlier this year, the Federal Reserve of Minneapolis released a survey of 283 credit unions and banks, comparing account fraud…
The House passed the conference report to H.R. 6157 Wednesday, a “minibus” bill that includes a continuing resolution to fund the government through Dec. 7. The federal government is scheduled…
The NCUA on Wednesday released its draft budget for 2019 and 2020, which estimates $304.4 million and $316.2 million in spending, respectively. The agency will hold a budget briefing Oct.…
“Well, this day-in-the-life of a credit union VP is going pretty well,” is your thought as you review material for the upcoming board meeting. With the CU’s president in the…
The credit card war is getting even hotter, but this time the price to play is being driven higher by consumers rather than the big banks, says one analyst. While…
3Rivers FCU ($1.0B, Fort Wayne, IN) has learned to go with the flow, successfully making a mark in its marketplace by being what a lot of the people need most…
Recently Facebook experienced the largest one-day drop in history when it’s stock price plummeted $41.24, which turned out to be a decrease just shy of 20%. Facebook’s stock price has…
Raising two daughters means I’ve watched more than my fair share of princess movies. No, I don’t know every word to “Let it Go,” but I could probably quote “The…
It's a sad fact that good news is rarely 100% positive; usually we can expect some undesirable result from sunny situations. The U.S. economy's recovery after the Great Recession is…
Fraudsters stole more than $16.8 billion from 16.7 million U.S. consumers in 2017, according to Javelin Strategy & Research. With payments shifting to online and mobile channels as well as…
Thirty-one young credit union professionals started their week in Washington, D.C. Monday hearing firsthand about the importance of credit union advocacy. CUNA hosted the second young professional advocacy training session…
The U.S. Court of Appeals for the Ninth Circuit in a decision last week expanded the definition of an "autodialer," keeping it in line with the definition adopted by the…
The demographic challenges facing credit union membership are cause for ongoing conversations at every gathering of boards and executives. A declining Baby Boomer population has been a trusted foundation for…
Participants learned how they can begin integrating Credit Union Financial Exchange during a breakout session at the co-located CUNA Technology Council and CUNA Operations & Member Experience Council Conferences in…
A new analysis has identified what it says are the 10 “most outstanding” credit unions in the United States that nearly anyone can join. Kiplinger,the publisher of business forecasts and…
When it comes to how consumers think about where their funds are the safest, large banks can benefit from somewhat of a perception gap. The issue isn’t one of actual…
The secret to staying relevant in the fast-changing payments world might be to concentrate on the money coming in, not the money going out. That was the take from Chris…
With a surging economy, a favorable regulatory environment and increasing pressure to drive growth, more financial institutions are targeting commercial business to find entirely new revenue. According to the experts,…
“How to score a winning organization.” “The playbook for business success.” There’s a lot of sports clichés within the corporate world. Why? Quite simply, we’re fans. We understand that whether…
While World Council of Credit Unions does not support a requirement for credit unions to obtain “Legal Entity Identifiers” (LEIs) it sees some potential value in encouraging increased use of…
Representatives from the Bureau of Consumer Financial Protection (previously the CFPB) will join NAFCU Friday for a free webinar that will provide an update on Home Mortgage Disclosure Act (HMDA)…
As more members use mobile apps and other remote channels to apply for consumer loans, credit unions naturally focus on improving the member experience for those channels. But focusing on…
Lombard, Ill.-based Raddon, a Fiserv company and provider of innovative research, announced the 22 winners of its annual Crystal Performance Award for credit unions, based on benchmarked data from Raddon.…