Mobile banking: 3 risks to watch
Nearly two-thirds of consumers use a mobile device to conduct banking transactions, according to Mobile Ecosystem Forum’s 2018 Mobile Money Report. Mobile banking is a “must have” service for credit…
Nearly two-thirds of consumers use a mobile device to conduct banking transactions, according to Mobile Ecosystem Forum’s 2018 Mobile Money Report. Mobile banking is a “must have” service for credit…
The House of Representatives is scheduled to vote on H.R. 6147, the Financial Services and General Government Appropriations Act for Fiscal Year 2019, on Thursday. In advance of consideration, CUNA…
Federal Reserve Chair Jerome Powell says "with appropriate monetary policy, the job market will remain strong and inflation will stay near 2 percent over the next several years." Powell's remarks…
It’s remarkable how vivid the memories of that morning still are for me. When you think about it, so much of your life passes like a blur. But that fateful…
Increasing member share of wallet--the amount of business a member does with your credit union versus banks or other financial services companies--is a constant battle. In the CUNA Councils webinar…
Declining auto sales combined with credit unions posting record indirect lending numbers has some state credit union regulators taking a hard look at the indirect auto loan portfolios at credit…
While marijuana legalization varies tremendously state to state, all evidence points to an increasingly mainstream adoption of medical marijuana across the US, with over half of the union (30 states)…
While it has and continues to constantly evolve, Search Engine Optimization for credit unions has never been a more vital marketing channel. Where your credit union falls in a Google…
It was the shot heard ‘round the world last week when Build-a-Bear Workshop posted an urgent message on social media that it was closing lines on its Pay Your Age…
As I am sure you are all aware, NCUA's model bylaws provide for the formation of several committees to assist the board in carrying out its duties. While committees can…
I can see why people are intrigued by Venmo, the platform which facilitates person-to-person cash transfers. With a mobile phone it makes everything from paying up after a poker game…
CUNA issued a letter urging House leadership to Title XVII of the House Amendment to S. 488, the JOBS and Investor Confidence Act of 2018, which would delay the risk-based…
Following additional NAFCU-led efforts, the House Tuesday passed for a second time a two-year delay of the NCUA's risk-based capital (RBC) rule. The association has long advocated for a delay…
Large banks are closing branches in small markets to focus on more profitable markets where they can leverage efficiencies of scale, marketing dollars and favorable demographics. For example, Bank of…
The journey to becoming an authentic and effective leader starts by taking a moment to learn about yourself, says Jamie Marsh, director of BBA Career Services at the University of…
Virginia brothers pleaded guilty in U.S. District Court in Newport News last week for stealing and attempting to steal more than $1.7 million from credit unions, banks and national retailers.…
Finding engaging content for your Bank or Credit Union marketing ideas can feel a bit overwhelming. The Internet is seemingly endless and you may not know where to start. Here…
“Where are the millennials?”. This question has been echoing throughout the credit union industry since this age group (18-36 year olds) was first seen on the horizon in the post-9/11…
At first glance, upscale restaurants and credit unions probably appear as different as—well, upscale restaurants and credit unions. However, in my years of experience, I’ve realized the two have far…
Unprecedented times require fresh perspectives and frameworks that invite a deeper dive into the core of your organizational vision, competence, and competitive value. Traditional strategic planning focuses on creating stability…
Credit unions have a problem. So do many members. The problem is deposits, and it can be solved by applying a little behavioral economics (BE). Credit unions need to buttress…
How could data help your credit union attract new members? Hear more about why leveraging your data is so important and what you need to be doing to compete with…
Financial institution CIOs and technology business leads are grappling with the transition to an open banking economy, fully aware it’s their job to bridge the gap between surviving and thriving.…
CUNA Monday sent a letter to the House subcommittee on Financial Institutions and Consumer Credit regarding the subcommittee’s hearing upcoming on, “Examining Capital Regimes for Financial Institutions.” In the letter…