The California Department of Business Oversight issued a cease and desist order against Coceptive Credit Union, which claimed it was doing business from the heart of San Francisco’s financial district,…
We are entering the stretch run for passage S.2155 (Economic Growth, Regulatory Relief, and Consumer Protection Act.) If all goes according to plan, sometime next week the House is expected…
Every business, from Nike to the smallest local mom and pop store has a finite amount of money to spend on advertising. But not all advertising is equal, and there…
For many consumers, spring puts financial security and financial wellness top-of-mind. Banks and credit unions often chose to focus their efforts on providing advice and financial education resources in April,…
Greetings Compliance friends, today is the day! As many of you know, today is the mandatory compliance deadline for FinCEN's Customer Due Diligence (CDD) requirements. FinCEN originally published the final…
We all know that an organization won't get very far or be very successful if it's plagued with uncertain expectations and unfulfilled objectives. While these results are easily avoided through…
CUNA wrote House and Senate appropriations leaders in opposition to any rescissions from the Capital Magnet Fund (CMF), in response to proposed cuts from the administration. The fund provides grants…
NAFCU President and CEO Dan Berger yesterday updated credit unions on the status of the NAFCU-supported Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), and outlined the association's…
As Bitcoin and other popular cryptocurrencies continue to develop and increase in popularity, credit unions should know what that means for them. The number of members who explore cryptocurrencies is…
Have you ever read or watched the news and come away convinced that threats lurk around every corner? When bad news bombards your senses, it is only natural to assume…
On May 4, more than 800 members attended the 102nd annual meeting of Municipal Credit Union in New York City, where they were told their president/CEO Kam Wong was on…
In his book The Culture Code: The Secrets of Highly Successful Groups,author Daniel Coyle explores why some organizations achieve wild success, whereas others fail miserably. Leadership certainly plays a role,…
As many of you may alreadyknow, you can make a Custom Audience in Facebook Ads Manager with an email list, which is an excellent way to target your members online.…
So you’ve given in and decided to make some huge bucks in your retirement by joining the Board of your local credit union. So what exactly are your obligations and…
Social media is an excellent way for credit unions to connect with their members while expanding their following. Not too surprisingly, $89 billion Navy Federal Credit Union, Vienna, Va., has…
CUNA President/CEO Jim Nussle urged credit unions to keep up the momentum of support for the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) Wednesday, as House members…
NAFCU Director of Political Affairs Chad Adams, in a message to member credit unions yesterday, called on credit unions to keep up the grassroots pressure as the NAFCU-supported Economic Growth,…
While most non-public business entities aren’t required to implement the current expected credit loss model for the allowance for loan and lease losses until after Dec. 15, 2020, many institutions…
Much has changed with the launch of Trellance in 2017, but much has stayed the same, says Tom Davis, president/CEO. While Trellance provides many of the same services it offered…
Michael Phelps, the most decorated Olympian in history with 28 medals, didn’t arrive accidentally on all those podiums. He was fixated on goals, overcame a dark period in his life,…
Meet COOPER, an advanced data-driven platform designed to detect and fight fraud faster than ever before. CO-OP President and CEO Todd Clark introduced the new platform at the THINK 18…
There has been a lot of discussion within the financial services industry in recent years about the future of the branch, and what will need to change to keep it…
When it comes to marketing and branding we tend to think about big strategic issues. Who we are trying to reach. What our messaging is. How can we best communicate…
Early last week I spent some time on the West Coast mingling with the dark side. The mortgage bankers had their annual Legal and Compliance Conference which in my ever…