How to be empowered by your differences
You can use how you are different to empower yourself and others to move your career forward. But not everyone knows how to discover what makes them unique and how ...
The latest from John Pettit
Is now the time to combine deposits and payments?
As deposits soar, Ascend Federal Credit Union ($3.2B, Tullahoma, TN) is rising to the occasion with an internal reorganization aimed at leveraging the inherent value of deposits and payments ...
Delay of price-based general QM mandatory compliance date
As noted in an earlier blog, the Consumer Financial Protection Bureau (Bureau) had proposed to delay the mandatory compliance date of the price-based general qualified mortgage (QM) rule, which was ...
Unsecured personal loans lead 0.2% increase in CU loans in March
Credit union loans outstanding increased 0.2% in March, compared to a 0.2% decrease in February of 2021 and a 0.3% increase in March of 2020, according to ...
CDRLF grant applications now open
The NCUA began accepting applications for Community Development Revolving Loan Fund (CDRLF) grants this week. Low-income designated credit unions can submit applications through June 26 in three categories: Digital services ...
Thinking beyond physical locations
How credit unions should reopen physical locations after the pandemic is part of a larger question, says Larry Pruss, SVP of CUESolutions Bronze provider Strategic Resource Management Inc., Memphis. That ...
Fed guidelines would corral fintechs (before they run wild)
The small but growing population of banks with specialized charters, coming against the backdrop of the increasing banking ambitions of fintechs and big techs, has led the Federal Reserve to ...
Do you have an unconscionable strategy?
On Exactitude in Science Jorge Luis Borges, Collected Fictions, translated by Andrew Hurley. “…In that Empire, the Art of Cartography attained such Perfection that the map of a single Province ...