Beware COVID-19-related scam
In times of national emergency or market disruption, scammers capitalize on public fear to take advantage of vulnerable consumers. FinCEN and many other organizations have issued warnings and red flags ...
The latest from John Pettit
Three ways to avoid NCUA exam red flags
In a National Credit Union Association examination, a certain type of investment on a credit union’s books is likely to trigger extra attention from the examiner. In this post, ...
Do you have strategies in place to prevent payment app fraud?
More and more consumers are using payment apps like Venmo and Zelle to send money to friends and family. While allowing payments through these apps creates high value for your ...
CUNA comments on NCUA proposal on combination transactions
While CUNA supports the majority of NCUA’s proposed rule on bank-credit union combination transactions, there are aspects not statutorily required, several of which may be problematic, CUNA wrote to ...
Appeals court vacates decision, reopens case on CFPB structure
The Fifth Circuit Court of Appeals last week reversed its decision regarding the CFPB’s constitutionality, reopening the case CFPB v. All American Check Cashing and granting a rehearing en ...
Tech Time: The importance of a digital strategy
A new decade has begun. Although there has been a clear trend toward the use of digital tools in recent years, current events are highlighting the importance of a strong ...
PODCAST: CUNA economists provide an updated forecast
When consumers drive 70% of economic activity, as they do in the U.S., any significant disruption to peoples’ lives will have a corresponding impact on the economy. That is ...
3 ways to help your members (and prevent delinquency) before they know they need it
With many credit unions closing their lobbies and opting for drive-thru transactions and electronic servicing to practice safe social distancing, remember that this is a great opportunity to deepen relationships ...