NCUA urges CUs to begin LIBOR transition
The NCUA yesterday issued a Letter to Credit Unions instructing credit unions to begin to transition away from using the London Inter-bank Offered Rate (LIBOR) and complete the process no ...
The latest from John Pettit
If content is king, is your content strategy ready to rule?
At last month’s Hearsay Summit, Director of Content Strategy Gabrielle Levin joined Hannah Bland, Digital Marketing Manager at Aviva Investors and Tim Rickards, Director of Marketing and Client Engagement ...
4 segmentation strategies to improve people’s financial health
Financial marketers traditionally analyze and segment their customers based on the kinds of measures that census takers and demographers use. They slice and dice data pools by generation, asset holdings, ...
Voluntary insurance programs offer extra benefits to your employees
When it comes to employee benefits, it’s unlikely that your employees would say, “less is more.” However, with the rising cost of employee health insurance and other costs involved ...
3 takeaways from the first quarter of 2021
The industry is adapting to a changing economic landscape under the lingering shadow of the COVID-19 pandemic. Credit union balance sheets expanded at record rates over the past year, particularly ...
To file or not to file: A CTR refresher
Occasionally, the compliance team receives questions about interesting transactions conducted by members and whether a Currency Transaction Report (CTR) is required. Credit unions take their BSA/AML requirements seriously and ...
Compliance: GAO conducts review of ‘de-risking’
The Anti-Money Laundering Act of 2020 requires the Government Accountability Office (GAO) to conduct a review of “de-risking” practices in financial services. The U.S. State Department defines de-risking as ...
Berger defends CU-bank mergers, blasts bankers’ misleading claims
NAFCU President and CEO Dan Berger, on Friday, rebuked the American Bankers Association’s latest attempt to mislead congressional leaders and regulators on bank-credit union mergers in a letter to ...