Small credit unions an endangered species?
A hot topic for 2018 has been the struggles of small credit unions compared to their larger peers. 2018 economic developments are broadly supportive of favorable credit union operating results ...
The latest from John Pettit
Would these issues crop up with your BSA examination?
One of the sessions during the 12thAnnual Mid-Atlantic Anti-Money Laundering (AML) Conference that I recently attended was on current compliance topics. Panelists from the FDIC, OCC, FINRA, FinCEN and the ...
Are the NCUA business continuity planning requirements sufficient for your credit union?
The National Credit Union Association outlines basic requirements for business continuity planning, but are they stringent enough to protect your credit union? At Ongoing Operations, we believe that a business ...
Is support the key to ending disengagement?
We’ve heard or seen the numbers. Employees are not engaged with their work. In fact, some have gone so far to say that as few as 13 percent of ...
CUNA continues push for disparate impact consistency
CUNA followed up its letter last week to the Department of Housing and Urban Development (HUD) with a joint letter reiterating the call for HUD to align the 2013 disparate ...
NAFCU members detail challenges of rising interest rate environment
A third increase to the federal funds target rate is expected next month, and as credit unions adjust to this new environment they are facing increased levels of competition – especially ...
Make cybersecurity part of your credit union’s fabric
In today’s ever-present cyber threat environment, financial institutions are frequent targets. Credit unions continue to fall victim to a variety of cyberattacks, including malware infections, phishing scams, denial-of-service attacks, ...
‘Fire season’ just beginning
One credit union CEO whose headquarters narrowly escaped California wildfires in October of 2017 and which is now being threatened by a new blaze is facing the sobering fact that ...