After a 39-month legal battle, the Fourth Corner Credit Union, the nation’s first state-chartered marijuana credit union, finally received a conditional approval by the Federal Reserve Bank of Kansas for…
I know what you are going to tell me; surveys indicate that your members still want their bank branches but let’s face it, they are turning into awfully expensive and…
Engaged employees! Is there nothing better? When we're engaged, we are focused. We are more productive. We're in the zone. But... A recent study highlighted by HBR noted that highly-engaged…
On January 4, 2018, Attorney General Sessions issued a memo formally rescinding years of Department of Justice (DOJ) guidance, most notably the2013 Cole Memorandum, that laid out the federal government’s…
It’s easy to talk tactics. Everyone has ideas and opinions. I see it often as I facilitate strategic planning sessions. What’s difficult is addressing the elephant in the room and…
Not all directors are satisfied with the performances of their colleagues. More than a third of directors feel someone on their board should be replaced, according to the 2016 Annual…
It is normal and perfectly acceptable that credit unions should evolve, CUNA President/CEO Jim Nussle wrote to Sen. Orrin Hatch (R-Utah). Nussle responded to a letter Hatch sent NCUA Chair…
The CFPB on Wednesday issued a request for information to help the bureau assess the efficiency and effectiveness of its enforcement processes. This RFI is due to be published in…
Ask most credit union C-suites to describe their digital transformation goals, and chances are the CMOs and CTOs will be brimming with ways to leverage data, analytics and technology to…
Millennials today are positioning themselves to be in better financial shape than their older counterparts, according to an Allianz Lifesurveyreleased Tuesday. At the same time, the siren call of social…
To prepare to succeed in an increasingly competitive banking environment, banks and credit unions will need to become intelligent organizations, enabling quicker, insight-led decision making. More than ever, the winning…
From the world’s firstATMs,debitcards andonline bankingsystems to our ever-expandingshared branchnetwork, credit unions have brought to market some of fintech’s most impactful innovations. So, what is it about our movement that…
The Wall Street Journal is reporting that the Federal Reserve Bank of Kansas City has granted conditional approval to a Colorado credit union to serve marijuana businesses. To win the…
Cloud adoption has continued to increase across the financialsector. And why not? Over the last few years, the benefits of using cloud based technology for your credit union has indeed…
Since 1982, no less than seven different cuts of Ridley Scott's science fiction masterpiece Blade Runner have been shown to theater audiences. The initial workprint version didn't test well, so…
The World Council of Credit Unions generally supports the Financial Stability Board’s (FSB) proposal on ways to improve stability of too-big-to-fail banks, but urged the board to make several changes…
NAFCU President and CEO Dan Berger updated House Judiciary Committee Chairman Bob Goodlatte, R-Va., yesterday on the flood of meritless lawsuits facing credit unions filed under website accessibility requirements of…
Effective Jan. 1, federally regulated financial institutions in Canada are now required to meet the new Mortgage Stress Test Rule handed down from the Office of the Superintendent of Financial…
Walmart’s December announcement of a partnership with Silicon Valley fintechs Even and PayActiv pushes all the right buttons. It addresses the financial needs of its employee base, leverages advancements in…
Former CUSO employees are alleging that Partner Colorado Credit Union President/CEO Sundie Seefried, one of the industry’s pioneers in delivering financial services to marijuana businesses, used cocaine. They also claimed…
Hopefully your bank or credit union has a healthy social media marketing outreach. More and more consumers are connecting with brands (like your bank or credit union) via social media…
The good news is I thought the ten-year Treasury was going to get to 2.75% sometime in 2018. The bad news is I didn’t think it would get there the…
Top Talent: These two words are used frequently in organizations to define what hiring managers and recruiters look for in potential candidates. Finding these candidates isn’t hard, but finding the…
In the past, photography relied on film and printed photographs. Today, it relies on electrons to capture and distribute images to our family members and friends. The tools we once…