Trending HR topics to pay attention to in 2021
The job of an HR professional is extensive. A typical HR department is responsible for recruitment, payroll, attendance management, performance reviews, and employee relations—just to name a few. It ...
The latest from John Pettit
Central Liquidity Fund interim final rule
At the last National Credit Union Administration (NCUA) Board meeting, the NCUA Board approved an interim final ruleto update NCUA’s regulations regarding the Central Liquidity Facility (the Facility or ...
CUNA board to host special election for two seats
Two CUNA Directors have recently announced their resignation from the Board of Directors, in District 6, Class B and Class C. The CUNA Board of Directors voted last week to ...
FI regulators seek feedback on AI use
Federal financial regulators – including the NCUA – Monday issued a request for information (RFI) seeking insights into financial institutions’ use of artificial intelligence (AI) and machine learning. NAFCU recognizes how these ...
Future of floating rates: LIBOR endgame
Originally utilized in 1969, LIBOR—the London Interbank Offered Rate—was officially adopted by the British Bankers Association in 1986 as a benchmark rate. It has subsequently become the global ...
Defining open banking and how it will affect credit unions
Currently, there are many different definitions of open banking in our industry. Depending on the motivations of the reviewer, it can be defined as “an attempt to democratize financial data ...
What’s in a name: Chief Relationship Officer
Marc Ernest joined Franklin Mint Federal Credit Union ($1.4B, Chadds Ford, PA) in 2008 after several years as a branch manager in the community banking world. He held several ...
Supporting financial independence for women
We’re drawing to the end of Women’s History Month, a month that I think deserves some special reflection within the financial services industry. Financial services and products have ...