Riverfront Federal Credit Union was established in 1948, as RDG Reading Federal Credit Union, to serve the employees of the historic Reading Railroad. Through the years, other organizations and companies…
I’m about to say something unpopular. What I have the audacity to suggest should have some marketing professionals scratching a line off their resume or LinkedIn profile. It will also…
The House voted Tuesdayto pass the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), a bipartisan regulatory relief bill that will provide much needed regulatory relief for credit…
The House Financial Services Committee yesterday advanced out of committee a NAFCU-sought provision to delay the implementation of NCUA's risk based capital (RBC) rule by two years that is housed…
Credit unions often wonder whether their growth strategies should include more emphasis on emerging technologies like virtual reality and augmented reality to keep their current members wowed and attract new…
Although 30 states and the District of Columbia have legalized some form of cannabis, and 400 U.S. financial institutions provide accounts for marijuana-related businesses (MRBs), the federal government still classifies…
The House on Tuesday passed S. 2155, the Senate version of a regulatory overhaul bill, but leaders of the two national credit union trade groups say they want additional changes…
From a pure business survivability standpoint, it's crucial to have Disaster Recovery Plans in place and test on a regular basis. Afterall, according to a recent study,90% of businesses that…
About midway through 2018, the drastic falloff in auto lending predicted by some auto lending industry analysts—dubbed “carmageddon” by some—hasn’t come to pass. Vehicle sales are still robust, reflecting a…
Lending has become increasingly more difficult in today’s quick-moving, competition-heavy, digital-savvy marketplace. The main factors driving these lending challenges include: 1. Evolving competition 2. Shifting consumer demographics 3. Increasing loan…
There are 36 credit unions in North Dakota. Ten of them are among the top 39 credit unions nationwide in agriculture loan concentration. Five of them are among the 15…
The House is set to vote on the Economic Growth, Regulatory Relief and Consumer Protect Act (S. 2155) today, and CUNA President/CEO Jim Nussle is urging credit unions to make…
The House today is expected to vote on the NAFCU-backed Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), which would provide much-needed regulatory relief to the financial services…
We don’t know what we don’t know. It’s such an obvious thing to state, and yet we would suggest this simple statement of fact may be the key to the…
We’ve all heard the cliché that companies today need to act like technology start-ups. But what does that really mean? “It’s not just about technology,” futurist Mike Walsh told attendees…
It may soon be a lot easier to spot skimming devices on ATMs, gas pumps or other payment terminals, thanks to a new tool developed by researchers at the University…
Auto lending season has arrived for credit unions. Thanks to consumers’ ample access to credit, low debt burdens, strong job growth, growing hourly earnings and rising home values, auto sales…
While the writing has been on the wall for a while, business leaders are now starting to directly feel the effects of insufficient bench strength during a critical talent shortage.…
It’s been more than a week now since the Washington Post reportedwhat anyone who follows the NCUA has known for a while: Chairman J. Mark McWatters doesn’t care much for…
Think back through your career and recall the best boss you’ve ever had. What made them so special and unique? Chances are better than not, they gave you authentic, frequent…
Federal credit unions ask about preemption from time to time, and we've blogged on the topic more generally in the past. A recent appellate case out of the Ninth Circuit…
The House intends to vote on the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) as early as Tuesday. The House Rules Committee will meet on the bill…
The House on Tuesday is poised to vote on the NAFCU-backed Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). NAFCU President and CEO Dan Berger, who has held…
It seems like there is no other topic that divides credit unions like small dollar loans, or perhaps more to the point, payday loans. I’ve heard all kinds of arguments…