Setting up data and incorporating into practices
So you’ve got your data collected and cleaned. You understand why data analytics are critical to your credit union. Now we move to the how. Execution is the critical ...
The latest from John Pettit
What do “goodwill adjustments” of a credit report and Slenderman have in common?
It appears they are both legends born from the internet. It appears this is a common recommendation that the internet makes to consumers seeking to improve their credit score. Here ...
Compliance: NCUA provides guidance on FOM narrative approach
NCUA’s latest Letter to Federal Credit Unions (18-FCU-02) features guidance on how credit unions can prepare a successful narrative application when using this option to apply for serving a ...
This week: NAFCU urging CU advocacy, following NCUA budget briefing, RBC rulemaking
Senate and House lawmakers are in their home districts and states though the Nov. 6 midterm elections, providing a great opportunity for credit unions to reach out on top industry ...
Lending Perspectives: Why risk-based decisions are hard
It seems as though risk-based lending and taking on more credit risk are perceived to be an easy way for credit unions to boost their growth during times of economic ...
Hurricane aftermath pressures mount on credit unions
The League of Southeastern Credit Unions is working with other credit unions to deliver portable generators and other supplies and resources to credit unions that are unable to service their ...
Communication is Key: NCUA implements voluntary merger amendment
Hello, Compliance Friends! We are wrapping up another awesome Regulatory Compliance School here in San Antonio. A special congrats to our new cohort of NCCOs! Recently, NCUA released a letter ...
Which credit union in every state returns the most value to members?
Member economic participation: It’s one of the seven cooperative principles. It’s also the principle that creates a cycle of prosperity. Member-owners participate in their cooperative; thereby, the cooperative ...