Forged check checklist
To help your front-line staff spot forged checks before they cash or deposit them, first teach them about “negotiable instruments” and “words of negotiability,” suggests our most recent edition of ...
The latest from John Pettit
Strategies for credit unions to build member relationships through payments
Fintechs are growing rapidly — faster than all other types of financial institutions — and are capturing more of members’ daily interactions. For example, between 2021 and 2022, PayPal experienced five times ...
Fall 2022 supervisory highlights: Part II – Deposits, mortgages, and payday lending
Happy December, compliance companions! This year seems to have flown by in warp speed, and so much has happened, both personally and professionally – we moved into our new house, had ...
Chamber, bankers: CFPB has no power to police discrimination
The CFPB has no authority to police discrimination in financial services and a federal court should swiftly make that abundantly clear, the U.S. Chamber of Commerce and banking trade ...
CUNA economics: November jobs report shows resilience
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s November Employment Situation: “The November employment report showed that the labor market is still ...
NAFCU asks to extend effective date for GSEs’ pricing framework
NAFCU Thursday asked the Federal Housing Finance Agency (FHFA) to extend the effective date for targeted changes to the government-sponsored enterprises’ (GSEs) guarantee fee pricing to March 1, 2023. The ...
Diversity Insight: Partnering to nurture BIPOC, women-owned small businesses and nonprofits
Small businesses are the heartbeat of our communities, providing localized services and responding to needs felt uniquely by people like them. That’s why it’s so important to us ...
PODCAST: Climate risk and ESG
Climate change poses long-term risks to financial institutions’ safety and soundness, as well as possible physical threats in the near term. The former include the increased threat of wildfires in ...