Large banks are winning: Here are five strategies to beat them
The recent Wall Street Journal article about the dominance of the three largest banks struck a visceral reaction among bankers. The key points were not only that the top three (...
The latest from John Pettit
“Free” accounts and overdraft fees
As I am sure you are all aware, the Truth in Savings regulation has strict rules on when credit unions may advertise an account as “free.” Essentially, if a maintenance ...
Compliance: S. 2155 effects on member ID program
With S. 2155 signed into law, credit unions are curious about when its regulatory relief provisions take effect, and if any guidance will be available. CUNA’s compliance staff has ...
This week: NAFCU monitoring RBC-delay, ADA movement; member call Wednesday
The House and Senate remain in session this week and continue their work on various appropriations bills. NAFCU continues to track progress on two of the bills that include NAFCU-sought ...
5 trends shaping the future of member business lending
Many credit unions prioritize the digital optimization of their retail experience, but they cannot disregard the channels critical to business member engagement—particularly member business lending. As the CU industry ...
Member service over fraud losses?
Credit unions face a tough decision regarding the popular remote deposit capture–accept more fraud losses or make a policy change that could impact member service. RDC, a service provided ...
The Nussle Report – Zero in on CFPB reg-relief
With S. 2155 the law of the land, we’re not taking a breather. Instead, we’re focusing on earning more regulatory relief. We intend to make it clear that ...
7 ways to boost your bottom line
The people-side of your organization may be more important than you think. Employee performance has a direct impact on you, other team members, customers and, ultimately, your bottom line. Leadership ...