Data use cases for credit unions: Chapter 1
Data Use Cases is an ongoing series showcasing real use cases of success that credit unions have had using data analytics to solve real world problems. Data analytics was once ...
The latest from John Pettit
If you’re writing off millennials, you’re missing out!
“They are a generation of coddled infants who developed into demanding tyrants.” This quote sounds a lot like the statements I hear veteran board members make about “those damn millennials.” ...
The regulations on business accounts
Or rather, the lack thereof. The NAFCU Regulatory Compliance Team regularly gets asked whether federal regulations apply to business deposit accounts. Most consumer protection rules do not apply to deposit ...
Nominations open for 2020 Herb Wegner Memorial Awards
Credit union supporters are encouraged to nominate individuals and organizations for the Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation (the Foundation). Winners will be ...
CFPB gathering feedback on remittance rule
The CFPB has issued a request for information (RFI) on its remittance rule – a positive sign for the industry as the bureau considers possible changes to the rule. NAFCU has ...
Board liaisons direct directors and staff toward good governance
Credit union leaders have become increasingly aware of the importance of good governance and have made an effort to ensure that their credit unions are adopting cutting-edge governance and leadership ...
Former lending director pleads guilty to bank fraud, aggravated ID theft
After Kevin Robert Lee admitted to embezzling more than $800,000 from the $222 million Florida State University Credit Union, prosecutors revealed new details about how the former lending director ...
Principles over rules
We’re taught early in our lives to follow the rules. Rules are put in place to tell us how we should behave and what expectations to have in certain ...