Syndicated

As liquidity and cost of funds pressures continue to be a focus, credit unions are exploring possible funding options within the liquidity toolbox. Among them, certificate promotions which, in this…

Market conditions are a contributor to the number of loan applications that you receive, but ultimately, your staff and solutions are what make a great lending partnership between members and…

Credit unions are responding to online reviews, posting content on social media, and engaging on different provider sites. But are they texting back? Last week, I was eating at a…

September is here. Leaves are falling. Football fans are cheering. Temperatures are dropping. And credit union and bank marketers everywhere are preparing their 2019 budgets. As we enter bank and…

Hi Compliance Friends! Fall starts this Saturday, September 22nd. I hope that everyone is dusting off their favorite pumpkin recipes and preparing for the beauty of the fall foliage. As…

CUNA has partnered with the Georgia Credit Union Affiliates (GCUA) to continue its aggressive nationwide defense of credit unions facing frivolous lawsuits. The organizations filed a brief Tuesday supporting Family…

NAFCU and its members appreciate the clarifications of the current expected credit loss (CECL) standard, including those pertaining to the effective date for credit unions, but maintains that the industry…

Members don’t want service, they want an experience, says Bryn Conway, principal at BC Consulting and a former credit union marketer. Service, she says, is transactional and reactive—and often involves…

When the November elections are held, Allen Brown will be elected mayor of this city, and in the process become the first credit union CEO to hold the position. Brown,…

Developing marketing strategies for financial services means considering a range of elements which include: Your organization’s goals & objectives Target markets New & emerging markets Your organization’s strengths & weaknesses…

It took me a lot longer than I expected to research today’s blog because when I read the news this morning that Visa and MasterCard had again reached a settlement…

Travis Flora has spent 20 years at Commonwealth Credit Union ($1.2B, Frankfort, KY) immersed in the organization’s culture and values. Now, he’s in charge of them. Flora joined the credit…

So, your 2018 strategic planning session is in the books. You came. You spoke up. You filled dozens of sticky pads with ideas. Now what? Fast forward to September 2019.…

CUNA recognized the improvements proposed by the Financial Accounting Standards Board (FASB) in its current expected credit losses (CECL) standard, CUNA wrote to the board Monday. CUNA’s comment letter was…

A Massachusetts credit union is set to be the first financial institution in the state to serve its recently legalized recreational pot industry. GFA Federal Credit Union cited "safety issues"…

Eagle Community Credit Union decided to participate in the CO-OP Financial Services-Yoobi 2018 National Back-to-School Backpack Drive to give back to their community – but discovered they also received on…

Any way to increase lending to 30 to 50 million consumers with limited or no credit will get the industry’s attention. As a result, there’s a lot of chatter in…

Now that everything has been said about the 10th anniversary of the Lehman Brothers bankruptcy, it’s worth asking how close we are to the next crisis. In the market for…

Section 301 of S.2155 amends section 605 of the Fair Credit Reporting Act (FCRA) (codified at 15 USC §1681c). Section 605 establishes requirements regarding the information in consumer reports and…

The power of digital communications lies in the ability to provide intelligent experiences in real time. From proactive recommendations to providing product and service alternatives based on activities and behaviors,…

These days, doing professional learning online is just a given. Employees expect the chance to expand their job knowledge right at their desks. HR,complianceofficers,and department managers like the planning and…

CUInsight Co-founder and Publisher Randy Smith stopped by the Studio Lounge for a quick chat on CUInsight celebrating its 10-year anniversary. My how time flies when you're having fun --…

As it turns out, consumers want it both ways. They want hands-off, do-it-myself digital banking services – until they don't. Consumers want to choose how and when they go it…

The Bureau of Consumer Financial Protection issued an interim final rule last week updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by the…