Navigating NCUA’s new fidelity bond rule
On Oct. 22, the National Credit Union Administration published a rule amending its fidelity bond regulations (Parts 704 for corporate credit unions and 713 for natural person credit unions). In ...
The latest from John Pettit
How’s your culture of compliance?
As 2019 winds down, it might not be a bad idea to review whether your credit union promotes what the Financial Crimes Enforcement Network (FinCEN) refers to as a “culture ...
3 CEOs dish on managing the managers of technology
Robust technology is no longer a luxury for a credit union that intends to survive, much less thrive. Managing that part of the enterprise can be daunting to a chief ...
CUNA supports NCUA’s budget process, raises some concerns
While CUNA supports aspects of NCUA’s proposed budget, particularly the transparency of the process, CUNA did raise several concerns in its comment letter submitted to the agency Monday. CUNA’...
NAFCU to CUs: Share input on unauthorized mobile app transactions
Following several questions from members on how to handle unauthorized use claims when a mobile payment app was used to facilitate a transaction, NAFCU’s Compliance and Regulatory Affairs Teams ...
HR Answers: Is healthcare keeping you from making critical investments?
As credit unions search for cash to fuel important initiatives like recruiting talent, boosting salaries and investing in new technology, larger organizations may find an unlikely source: their own spending ...
PenFed goes solar in Loanpal deal
PenFed, the nation’s third-largest credit union, announced Monday a partnership to buy solar loans from Loanpal as part of its strategy to expanding its portfolio of unsecured loans. PenFed’...
Three ways to avoid a sales culture
“I never look at deals as one deal. I look at them as a gateway to many more.” – Steve Gold, Real Estate Broker and Million Dollar Listing New York cast ...