Reach the new wave of borrowers with a digital mortgage experience
As it turns out, consumers want it both ways. They want hands-off, do-it-myself digital banking services – until they don’t. Consumers want to choose how and when they go it ...
The latest from John Pettit
Compliance: BCFP updates FCRA model disclosures
The Bureau of Consumer Financial Protection issued an interim final rule last week updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by the ...
This week: Fintech, gov’t funding, NCUA meeting on NAFCU’s radar
The Senate is in session this week, but members of the House are back in their home districts giving credit unions the opportunity to meet to discuss issues facing the ...
Three ways digital 401(k) improves results
Advancing digital technology continues to transform the 401(k) experience for plan sponsors and participants. If your credit union, like many, still uses mostly paper-based procedures for 401(k) enrollment ...
‘It’s the little things that matter’
A few years back Patrick Adams, CEO of St. Louis Community Credit Union, suffered a heart attack—and survived. He shared his story Friday at the co-located CUNA Technology Council ...
Supreme Court asked to rule on CFPB constitutionality
A community bank and two conservative groups are asking the U.S. Supreme Court to finally decide the constitutionality of the CFPB’s makeup—an issue that has sparked prolonged ...
Payments Space Invaders: Who’s stealing your swipes?
Competition for the payment transactions at the center of every credit union’s financial viability is changing and growing. Just last week, the OCC granted its first national bank charter ...
NCUA, BCFP clarify supervisory guidance; updated truth in lending thresholds for 2019
Greetings Compliance friends! Football is finally back in full swing and all is right with the world! That’s not the only big news this week: On Tuesday, September 11, ...