The Treasury’s Financial Crimes Enforcement Network (FinCEN) has extended the Beneficial Ownership Rule’s limited exception for rollover and/or renewal of certain accounts for an additional 30 days. It was scheduled…
The Senate remains in Washington this week as the House continues August recess. Continuing its award-winning advocacy efforts with lawmakers and regulators, NAFCU on Thursday will meet with Tom Pahl,…
Like the consumers they target, fraudsters are becoming more digitally-savvy – and this dynamic is creating new security challenges for financial institutions everywhere. Fraudsters are now employing sophisticated methods and…
CoastHills Credit Union said Thursday it has picked a new chief executive from within its ranks five months after firing its CEO. CoastHills ($1.1 billion in assets, 67,443 members) chose…
Your monthly statements do a lot of heavy lifting, and due to regulatory changes and ever-growing consumer expectations, they now have to include more data than ever before. So, it…
How can you make time to maintain the business continuity plan for your credit union? Here are three tips to keep your contingency scenarios ready for action. Once we put…
What separates good leaders from great leaders can be something as simple as the habits we form. This is good news; habits can always be changed. John Eades, author, podcaster…
Health savings accounts comprise approximately 9.6% of the deposit portfolio at Everence Federal Credit Union ($182.8M, Lancaster, PA). That’s the fifth-highest percentage of all credit unions in the United States…
Credit unions can expect U.S. economic growth to remain above historical averages through the end of 2019, CUNA Mutual Group’s Director and Chief Economist Steven Rick told attendees at CUNA…
NAFCU Chief Economist and Vice President of Research Curt Long joined the FOX News Rundown radio program Thursday to offer insight on the lack of wage growth as host Jessica…
“Spending Wisely”, a CU Management article by Richard H. Gamble, noted that CU leaders are facing a long list of technology needs in 2018 and beyond. As the article explains,…
Steve Brobeck recently retired as executive director of the Consumer Federation of America (CFA). After serving on the CFA Board from 1976 to 1979, he was appointed executive director in…
The NCUSIF rebate is arriving at just the right time for some CUs, many of which plan to use the unplanned-for funds to underwrite higher CD rates to stop deposit…
Generation Z were born after 1995 as the first generation to grow up with computers, smartphones, and the Internet. Millennials have remained in the spotlight for some time, but with…
When faced with a problem we often jump to a solution. How often do we stop to evaluate the problem itself? Do we really know if that is the true…
Yesterday word got around that Ray Sanchez, who heads the Florida Banker’s Association wrote an impassioned plea in that bastion of balanced opinion called the Wall Street Journal Op Ed…
Understanding and managing the risks associated with the changing world of data security, and being prepared for breaches and how to respond, have become business necessities. This three-part series, based…
As a serial entrepreneur, I’ve started three companies, bought two, and become a partner in another. Through all the ups and downs, I’ve learned a lot about the connection between…
Credit unions need regulatory relief regarding the Telephone Consumer Protection Act (TCPA), CUNA wrote to the Senate Commerce Committee Tuesday. CUNA sent its letter for the record of the committee’s…
The Senate Commerce Committee today holds an oversight hearing for the Federal Communications Commission (FCC). Ahead of the hearing, NAFCU Executive Vice President of Government Affairs and General Counsel Carrie…
Successful organizations are derived from strong leadership teams that care about their employees and have the experience needed to influence and shape the organization. During times of transition—which may cause…
Bob Burrow had a front-row seat to a watershed moment during the fight to pass H.R. 1151, the Credit Union Membership Access Act. It came during a House Banking Committee…
Millennials would buy or consider buying non-financial products from credit unions or banks, according to a survey of more than 2,000 consumers by Cornerstone Advisors. The Scottsdale, Ariz.-based consulting group…
In early July, U.S. Rep. Jackie Speier (D-CA) sat down with Adama Iwu, Visa’s senior director of global government relations, for a difficult but important conversation. Speier, one of the…