Why most millennials don’t go a week without Venmo
Two years ago, I refused to use Venmo. Today, I don’t go a week without it. Most weeks actually involve five to six Venmo transactions. My personal change in ...
The latest from John Pettit
What’s the best disaster recovery solution for credit unions?
While it’s not an actual law in a legal or scientific sense, we’ve always been a fan of Murphy’s Law. It states that if something can go ...
CUNA: CECL ‘inappropriate’ for CUs, future relief needed
Application of the current expected credit losses (CECL) standard to credit unions continues to be inappropriate, CUNA wrote to the House Financial Services subcommittee on financial institutions and consumer credit ...
Kraninger starts as director of bureau; NAFCU delivers priorities
In a hand-delivered letter Tuesday – new Bureau of Consumer Financial Protection Director Kathy Kraninger’s first day of the job – NAFCU’s Dan Berger outlined credit unions’ top tenets and ...
Pennsylvania CU showcases industry’s first humanoid robot
The light-speed advancements of technology can give us glimpses of what the future may hold for the credit union industry. What may become part of that future is Pepper, the ...
New Year’s resolution: Take more risk
Five years ago, Infinity Federal Credit Union ($349.2M, Portland, ME) was a conservative financial institution, even by the standards of a traditionally conservative industry. The credit union primarily focused ...
Three examples where doing nothing is a bad idea
Social scientists will tell you that when faced between two difficult choices, the natural inclination is to choose to do nothing. That is why, for example, umpires hate to call ...
Boost your brand with event ATMs
Branding is about much more than just a company logo; it is about communication with consumers and the surrounding community. Brand reflects how we differentiate from competitors and startups. Consequently, ...