Five signs it’s time for your credit union to automate month-end close
Let’s face it: The month-end close process can be a real pain for your accounting team. With so many tasks to complete, it can be overwhelming to handle everything. ...
The latest from John Pettit
What is your “root system”?
A leader’s root system is what makes them the leader they are today. Our root systems tell us what to do, how to react, communicate, and think about things. ...
Credit union liquidity fears give CUSOs the stage to shine
Whether it was the leftover effects of the COVID pandemic, inflation-related factors, or liquidity fears in the economy, small-dollar lending found itself in the limelight once again in 2022. New ...
Leaders in Lending | Ep. 109: Keeping pace with risk mitigation and regulatory changes
Consumer credit is a hot topic. With new credit products like Buy Now Pay Later (BNPL) hitting the market and the always-evolving impacts of credit reporting, banks need to expertly ...
The ride-share conundrum: An exception to an exception
Greetings, compliance folks! I recently had the pleasure of enjoying a road trip from Northern Virginia down to sunny Orlando, Florida – my wife, our two kids and I piled into ...
NCUA’s Harper, federal regulators testify before House Financial Services Committee
CUNA highlighted the credit union system’s overall health and supported several NCUA-related priorities in a letter to the House Financial Services Committee Tuesday. The letter was sent for the ...
NAFCU sets record straight on CU tax exemption
NAFCU Senior Vice President of Government Affairs Greg Mesack Monday wrote to Congress to set the record straight on the credit union tax exemption, noting that it allows credit unions “...
Using text to improve the collections experience for members and staff
$1.9 billion Hughes Federal Credit Union was formed in 1952 in Tucson, Arizona, to serve the financial needs of Hughes Aircraft Company (now Raytheon Missiles & Defense) employees and their ...