Baby steps to winning the day
“Win the day” is a great motto and makes sense, right? Why is it so hard to do? Why is it that our mind keeps drifting toward the goal, causing ...
The latest from John Pettit
4 member lifestyle changes to leverage during and post-COVID-19
As daily life under COVID-19 continues to change, credit unions should prepare for long-term changes to member behavior. With members taking to new banking channels and adjusting their spending behaviors, ...
NCUA issues update on offsite examination process
Last week, NCUA issued Letter to Credit Unions 20-CU-17 to update the industry on the agency’s off-site supervision approach. The letter outlines changes that are effective June 1, 2020 ...
NCUA updates offsite examination and supervision approach
NCUA’s latest Letter to Credit Unions (20-CU-17) provides an update to the agency’s offsite examination and supervision approach due to the ongoing coronavirus disease (COVID-19) pandemic. According to ...
House passes PPP legislation; SBA, Treasury reserve $10B in PPP funding for CDFIs
The House Thursday passed bipartisan legislation, on a 417-1 vote, to ease restrictions on how businesses use the paycheck protection program, expanding the terms of the loans. Also on Thursday, ...
A road map for linking innovation with strategy
A credit union’s strategy must evaluate the internal and external factors it will encounter on our journey through ordinary times and totally unprecedented circumstances like the COVID-19 pandemic and ...
Assisting Hispanic businesses provides ‘moment to shine’
Hispanic business owners who are struggling financially during the coronavirus (COVID-19) pandemic may not be aware financial assistance is available or may not have been able to access funds from ...
Let’s Meet: Holding virtual and postponed annual meetings
Back in late March we blogged about NCUA Letter to Federal Credit Unions 20-FCU-02, which provided an option for FCUs to hold their annual meetings virtually, and reminded FCUs of ...