According to the U.S. Department of Commerce, employment opportunities in science, technology, engineering and math (STEM) are booming, with 24.4 percent growth over the last decade. Yet, not enough students…
NCUA’s latest issue of The NCUA Report contains a list of frequently asked questions regarding the impact of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). President…
The Senate remains in Washington again this week as the House wraps up its final week of August recess. Senators are expected to vote on a number of nominations, including…
You’ve probably heard the words “financial management” thrown around at your credit union. You may even have some familiarity with the subject. Financial management isn’t an easy skill to master,…
For many financial institutions, the teller line is no longer a line and a teller is no longer a teller. Technology, consumer preferences, and design changes have altered the way…
What are credit unions going to do if they lose 40% of their auto lending portfolio? It’s a difficult question to answer, and unfathomable to many. But is also a…
If a comet or other projectile were to destroy the planet Saturn, it would take 767 days for gravity to pull its remains into the sun. Coincidentally, that is also…
Many threats face credit unions, but the forces of nature represent a growing yearly risk. How can you prepare for a hurricane? And how can you test your plans to…
By today's standards, the right to vote and own property seems basic. But, until August 26, 1920 -- less than 100 years ago -- it wasn't for American women. According…
Most of our organizations are made up of teams. And we need these teams to perform as just that – a team. However, conflicting personalities, unclear communication and just plain…
Rogue Credit Union($1.5B, Medford, OR) is building out a branch network that gives members what they want now while making way for new ways of doing business. In the past…
CUNA and credit unions responded to the latest banker attack in the Wall Street JournalThursday, with CUNA President/CEO Jim Nussle leading the response letters to the editor. Nussle responded to…
Information from about 567,000 payment cards may have been exposed in a data breach at the Cheddar's Scratch Kitchen restaurant chain between Nov. 3, 2017, and Jan. 2. As more…
Check out the latest news reports from Wall Street and the focus is almost always on profits and losses. How much is the market up or down? Which corporation made…
Ram Charan’s introduction to business came from working in his family’s shoe shop in Northern India. While he’s now a sought-after consultant for some of the world’s largest companies, Charan…
The Federal Trade Commission released an alert on bitcoin blackmail scams. In these schemes, scammers threaten victims with public revelation of their “secret” unless they send a payment in Bitcoin.…
Don’t let cloud compliance missteps fail your credit union. Below are four steps to take in order to stay in front of cloud compliance challenges: 1. Education: The biggest challenge…
Waiting for your paycheck is so 2010. A wave of fintech companies is changing the traditional pay cycle, allowing people to tap into money earned before the next payday. It's…
What’s the difference between a service-oriented, fully disclosed overdraft program that is clearly and responsibly presented to account holders … and one that is used solely to earn revenue, at…
As of April 2018, Facebook counts more than 2.2 billion monthly active users, cementing its status as the largest social media platform. But there’s more to Facebook than social connection:…
CUNA and the League systemare seen asthe most influential financial services organizations and one of the most effective advocacy organizations in Washington, according to an independent study conducted by Ballast…
NAFCU today will meet with Tom Pahl, policy associate director for research, markets and regulations at the Bureau of Consumer Financial Protection (previously the CFPB), to discuss implementation of S.…
In the last two years, most technology companies have started using the terms machine learning and artificial intelligence. In fact, there has been a 1,400 percent increase in the mention…
Check fraud accounts for 35% of industry fraud losses. In addition, with the growing popularity of new deposit channels – particularly mobile deposit – fraudulent deposits exploiting paper checks are…