An unbroken brand promise
Ask a credit union or community bank about their consumer base, and it starts out like a snappy joke: A well-educated, retired woman walks into a financial institution. She’s ...
The latest from John Pettit
The merger effect: Protected balances
A couple weeks ago, we blogged on a few FAQs related to mergers. As it continues to baffle those of you out there dealing with mergers, today’s blog expands ...
Three words for every financial marketer today
After visiting with different credit union and bank marketing executives and discussing their challenges, it’s clear many are facing the same frustrations. Not enough time in the day. Overloaded ...
The dynamics of the share portfolio in third quarter 2018
Consumer confidence in the marketplace remained high in the fall of 2018, and the spending habits of credit union members reflect that. Third quarter loan growth is on track to ...
CUNA calls for CU relief changes in new tax bill
CUNA raised concerns with several taxes contained the Tax Cuts and Jobs Act in a letter to legislators sent Monday. The letter was sent to Sen. Orrin Hatch (R-Utah), Sen. ...
NAFCU Fed Report: Reg relief needed to sustain CU growth
The 2018 NAFCU Report on Credit Unions is now available online. The report shows, among other things, that the credit union industry continues to strengthen and see membership growth, although ...
IRS warns of ‘tax transcript’ email scam
The IRS is being impersonated by scammers in an email making the rounds and using “tax transcripts” as bait to entice people to open attachments laced with malware. In its ...
Making the world a more predictable place: Which CECL model is best for your credit union?
Current Expected Credit Loss, or CECL, is an important upcoming accounting requirement that requires financial institutions to attempt to predict the expected losses on loans and other debt securities over ...