Fed testimony, credit reporting hearing scheduled this week
The Senate is in session this week, and while the House is in recess this week it will continue to conduct committee meetings. Additional information on this week in Congress ...
The latest from John Pettit
District court dismisses MLA class action lawsuit
The U.S. District Court for the Eastern District of Virginia last week dismissed a class action lawsuit related to the Military Lending Act’s (MLA) exception for motor vehicles. ...
How to keep employees engaged in today’s workplace
The age-old question of how to keep employees engaged was put to the test in 2020. With offices closed and stay-at-home orders in place for months, many credit unions and ...
Economic recovery is uneven
While the economy is rebounding more quickly than expected, the recovery isn’t benefiting everyone equally and the labor market is recovering in “fits and starts,” two economists told attendees ...
Purposeful Talent Development: Strengthen your creativity
One of my favorite quotes about creativity comes from entrepreneur Marie Forleo, who coined the tagline “Create before you consume.” Now, upon first reading, you might think this only applies ...
Time, value and money: 3 drivers of a modern payments platform
As credit unions evolve to serve their members’ changing financial needs, payments are increasingly taking a critical role in the center of the member relationship. Whereas in the past, “passive” ...
A post-COVID world for credit unions? Share your thoughts on 2021 and beyond
On May 21st, 2021, The New York Times announced that “It was a momentous day: In the United States, there is now an excellent chance that the [COVID] retreat is ...
The 5 key secrets to successful phone and email sales
If your financial institution is interested in increasing revenue, phone and email sales are an indispensable tool for generating profit. Consider the following statistics: Due largely to COVID-19, 41% of ...