Sponsors confident marijuana banking bill will pass House
House sponsors of a plan to ease the way for marijuana-related companies to obtain financial services said Wednesday they are confident that, for the first time, the House will pass ...
The latest from John Pettit
Consumer experience lessons from a Bloody Mary
Earlier this month I had dinner at a local Mexican food restaurant. My experiences there have always been generally favorable and the small town atmosphere really adds to the appeal. ...
TIP charter opens door to nationwide niche membership
At a time when most charter changes among credit unions are moving from federal to state oversight, Firefighters First Federal Credit Union, Los Angeles, moved in the opposite direction to ...
Zelle vs Venmo vs your credit union
The big guns are blasting, consumers are switching to p2p, mega banks are cashing in and where exactly does that leave you? Several reports now are out on p2p and ...
JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business
The first cryptocurrency created by a major U.S. bank is here — and it’s from J.P. Morgan Chase. The lender moves more than $6 trillion around the world ...
Pass It On: A referral program that works
New members find their way to a credit union via multiple channels: word-of-mouth, indirect loans, a convincing piece of marketing. The breadth of channels is wide; the depth of relationship ...
CUNA witness: Access to financial services is vital for business
Allowing legal, cannabis-based businesses to receive mainstream financial services comes with challenges, but also community benefits, CUNA witness Rachel Pross told a House subcommittee Wednesday. Pross, chief risk officer at ...
NAFCU addresses pros, cons of marijuana banking in new resource
To help credit unions understand the compliance risks associated with serving marijuana-related businesses (MRBs), NAFCU has released a new resource featuring some pros and cons on the issue. NAFCU’s ...