Should we acquire a bank?
Many credit unions are watching what happens with the National Credit Union Administration’s pending rule on credit union acquisitions of banks. “The proposed rule is not perfect but good ...
The latest from John Pettit
Two credit unions demonstrate the power of shared branching amid COVID-19
While members have been confined to their homes over the last several weeks, many still want and need convenient access to in-branch and ATM services. And while many credit unions ...
MBL changes would provide $5B for businesses, create 50K jobs
Credit unions can bring billions of dollars into the economy with no cost to the government, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Monday. Donovan ...
Retail sales plummet; NAFCU’s Long suggests robust recovery unlikely
“The first full month of nationwide stay-at-home orders was catastrophic for retail sales,” said NAFCU Chief Economist and Vice President of Research Curt Long in a new NAFCU Macro Data ...
Lending Perspectives: COVID-19 next wave
As I write this, it’s been about two months since the sports world seemingly set the precedent for the U.S. economy by shutting down operations, setting the stage ...
How COVID has changed digital ad results (the good & bad)
There is no denying it, COVID has made a significant impact to many aspects of life. Consumer preference is shifting daily, but the need for financial product/services and advice ...
Things we’ve learned from quarantine
Social distancing has been easy for only a few of us. For most, it’s been… difficult. Many of the CU 2.0 team have replaced a social life and ...
Credit losses and credit risk review systems
Happy Monday, compliance friends! As explained in a previous blog, the National Credit Union Administration (NCUA) signed on to an interagency policy statement on allowances for credit losses. The statement ...