A credit union industry limiting overdraft fees is here, if we want it
It happens all the time. A member thought they had enough money in their checking account to cover whatever it was they decided to buy on any particular day. Only ...
The latest from John Pettit
A lesson on creating happiness from Harvard Business School
A friend and fellow classmate of mine from Harvard, Donald Tighe, sent me this thought-provoking article from the Wall Street Journal on how Harvard’s Business School and other leading ...
Bank Secrecy Act and anti-money laundering regulations
Congress has several laws in place to oversee financial institutions—protecting them against illegal activities such as money laundering and protecting consumers from unfair financial practices. There are various regulatory ...
Credit unions should be enabled to provide digital asset services
Cryptocurrency and digital assets and platforms created through blockchain technology are poised to create major disruptions in the delivery of financial services, CUNA wrote to the Senate Banking, Housing, and ...
Fed, FHFA nominee votes postponed
Senate Banking Committee Chairman Sherrod Brown, D-Ohio, Tuesday announced a delay of panel votes on the Federal Reserve nominations for Jerome Powell to serve as Chair of the Federal Reserve ...
Leadership Matters: Talking openly about workaholism
The transition from employee to leader is an exciting one. It often comes with the opportunity to help shape and future-proof an organization. Everyone wants to make their mark, and ...
Vote now: 2022 #CUHero of the Year
Voting is now open for Credit Union Magazine’s 2022 Credit Union Hero of the Year, sponsored by Symitar. The four finalists are: Marshall Boutwell, president/CEO at $775 million ...
Budgeting in uncertain times: 11 ways to save every day
Although over 40% of Americans’ financial resolution is to find ways to save more money, less than half of Americans use budgeting as a way to save. Making a personal ...