Credit union lending reaches $1.1T. That’s only part of the story
The total loan portfolio at U.S. credit unions reached almost $1.1 trillion in the first quarter of 2019. Aggregate loan balances expanded 7.9% — or $77.6 billion — ...
The latest from John Pettit
NW CUs meet with Congress, NCUA during Congressional recess
Northwest credit union leaders welcomed an opportunity to meet in Olympia last week with Todd Harper, recently sworn in as a Director on the three-person board of NCUA. Rep. Denny ...
What do CUs want in Fed’s real-time payments service?
NAFCU Tuesday sent a Regulatory Alert to member credit unions seeking feedback on the Federal Reserve’s FedNow Service – a real-time gross settlement service that will feature integrated clearing functionality ...
NextGen Know-How: Why great leaders invest in themselves
I just returned from five days at the National Speakers Association conference in Denver, Colorado, where I had the opportunity to learn from the best speakers in the world about ...
Maurice Smith receives Lifetime Achievement Award
The African-American Credit Union Coalition (AACUC) recognized Maurice R. Smith as the 2019 Recipient of the AACUC Pete Crear Lifetime Achievement Award at its 21st Annual Conference in Charlotte, N....
Summer brings fintech advances & new CU solutions
A rundown of some recent credit union financial technology announcements focuses on core platform changes, a strategic innovation group, an automated lending solution and a collaborative analytics ecosystem. Jack Henry, ...
There’s a difference between strategy and execution
What’s the difference between a successful planning session and an unsuccessful planning session for your credit union or bank? Execution. Execution makes all the difference. As strategic planning season ...
The failure of Nokia: A lesson about credit union data
Credit unions have a great deal of data on their members – how much they earn, where they spend their money, how much their house is worth. Credit unions now have ...