Syndicated

By all indicators, the future of banking is wide open. The combination of mobile, open application programming interfaces (APIs) and the rise of machine learning are contributing to a growing…

NCUA General Counsel Michael McKenna recently issued a legal opinion letter from the agency on loan participations. An inquiry was made about whether a loan participation must meet the requirements…

NAFCU on Friday filed its seventh amicus brief in support of credit unions facing litigation over unclear website accessibility requirements under the Americans with Disabilities Act (ADA). NAFCU's latest filing…

You've never been to a conference like NAFCU’s 51st Annual Conference & Solutions Expo in beautiful Seattle, Washington. Newly reformatted, it's now the industry's largest conference for credit union executives…

Under Armour Inc., joining a growing list of corporate victims of hacker attacks, said about 150 million user accounts tied to its MyFitnessPal nutrition-tracking app were breached earlier this year.…

Know Your Customer (KYC) rules protect your financial institution from fraudulent and illegal activities—and you’re required to comply. But in the digital world, where you may never meet your customer,…

Recently the Financial Crimes Enforcement Network (FinCEN) made its annual inflation adjustment to its civil monetary penalty amounts. News headlines are full of the large institutional fines but you must…

We all want engaged employees. However, the harsh reality is only about 30 percent of U.S. employees are engaged in their work. The only thing good about this number is…

At CUNA Mutual Group, we care about volunteering. It’s part of our company culture. Wecan all see the benefits it has for the people and communities we serve. But, did…

Science is supposed to be fun, and the science of saving will be full of awesome fun for young savers during National Credit Union Youth Month, supported by Fiserv, in…

The U.S. District Court for the District of Columbia on Thursday upheld two challenged portions of NCUA's field of membership rule and struck down two provisions in a lawsuit filed…

A federal judge on Thursday struck down two sections of the NCUA’s new field-of-membership rule, saying that the sections violate the Federal Credit Union Act. But in a mixed ruling…

Auto and home (A&H) insurance products are significant ongoing investments your members make to protect what matters most in their lives. And, offering these products is another way we, as…

Did you know April is Financial Capability Month? Proclaimed in 2015 by President Barack Obama, National Financial Capability Month was created to renew our efforts to support the informed financial…

For more than a decade, Citi has consolidated its retail banking business, focusing on affluent customers and businesses in major cities in the U.S. and worldwide. More recently, Citi has…

CUNA encouraged the Federal Housing Finance Administration (FHFA) Wednesday to continue to work towards finding the right balance between safety and soundness and credit availability for consumers. CUNA sent its…

NAFCU will meet today with Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco to discuss the agency's ongoing priorities and credit unions' regulatory burden associated with suspicious activity report (SAR)…

Does your credit union want an all-in-one marketing solution, such as HubSpot, which can coordinate web, email and customer relationship management efforts as well as providing marketing automation? Or do…

Some 43 Democratic senators are blasting Acting CFPB Director Mick Mulvaney’s backtracking on the agency’s payday lending rule and enforcement. In a letter, the Democrats, led by Sen. Richard Durbin…

In our compliance inbox, we often get asked about advertising requirements. The questions can range from whether a particular message is considered an advertisement to the specific content requirements for…

Admittedly, direct mail doesn’t rank as highly in most marketing campaigns as it did twenty years ago. However, direct marketing also has not gone the way of the dinosaur. If…

Over the past five years, multicultural consumers have accounted for a staggering 100 percent of U.S. population growth and 61 percent of credit union growth, too, according to December 2017…

While you can implement many safeguards to protect your credit union, collaboration between the board of directors, management team, and credit union staff is critical to managing risks associated with…

Over the weekend, we had a little incident. I was at a friend's house with the family for a party. While we were chewing the fat upstairs, something happened in…