A crash course in faster payments
The popularity of faster payments in the U.S. is growing at an accelerated pace. Not only are customers expecting their goods and services on-demand, but they’re also relying ...
The latest from John Pettit
How Atlantic Federal Credit Union is exceeding membership goals in an uncertain economic climate
In an environment characterized by high inflation and rising rates, many lenders tend to tighten their credit policies. However, credit unions like The Atlantic Federal Credit Union (The Atlantic) are ...
Up your game to beat Walmart
For decades, Walmart has prided itself on its low prices. They’re virtually unbeatable. But those staggeringly low numbers they call prices aren’t so eye popping anymore. It’s ...
SAR narrative tips from law enforcement
The purpose of the Suspicious Activity Report (SAR) is to report known or suspected violations of law or suspicious activity observed by financial institutions. A complete, sufficient, and timely SAR ...
NCUA trying to simplify CECL calculations
CECL. It’s a four-letter word that fills credit union officials with dread. It’s an accounting standard that few people understand that was issued by an accounting board nobody ...
5 credit union champions win primaries Tuesday
Five credit union-friendly candidates won their primary races in Delaware, New Hampshire and Rhode Island Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 333 credit union ...
Members of Congress talk CU policies at NAFCU Caucus
Two pro-credit union lawmakers yesterday joined NAFCU during the 2022 Congressional Caucus. Representatives Ed Perlmutter, D-Colo., and Tom Emmer, R-Minn., both recent awardees of the NAFCU Credit Union Champion awards, ...
NextGen Know-How: Everyone has a story
The past month has been challenging for my family. My nine-year-old son has been sick since early August, and we have been visiting many doctors. He has had several medical ...