Overestimating lender credits
Happy Monday, compliance family! Let’s make it a great week by starting off with a compliance blog about giving away money… more specifically, lender credits. Many credit unions offer ...
The latest from John Pettit
ATM suppliers dish as Windows 7 deadline draws near
Microsoft has released nearly a thousand security patches for its Windows 7-based operating system since the software giant made that its standard platform in 2009. The system drives millions of ...
Credit unions pouring more money into marketing budgets
Credit unions are growing more aggressive with their marketing. A cross section of the industry studied by The Financial Brand found that many institutions upped their investment in the period ...
Leagues/CUs Hike the Hill in support of SAFE Banking, other priorities
Credit union leaders from six states visited Washington, D.C. during a busy week in the Nation’s Capital, discussing credit union concerns with policymakers as the House was preparing ...
Fed’s Quarles: LIBOR transition poses stability risks
As the London Interbank Offered Rate (LIBOR) is set to stop publishing after 2021, Federal Reserve Vice Chair for Supervision and Chair of the Financial Stability Board Randal Quarles is ...
Diversity Insight: People with disabilities can be great employees
October is National Employment Disability Awareness Month. Credit unions have a lot to gain from hiring some of the 61 million Americans who have a disability. Only 18.7 million ...
Proposed Minneapolis credit union may be in jeopardy
A proposed credit union to serve the black community in North Minneapolis that has been in the making since 2017 suffered a major setback after its executive director was ousted ...
Digital currencies will make BSA compliance easier
In yet another sign that Facebook has grown too large for Mark Zuckerberg’s skill set, the Wall Street Journal reported Tuesday that Facebook’s ambition to create a cyber ...