Sound practices for effective HMDA compliance
Last week, the Federal Reserve System published the latest edition of the Consumer Compliance Outlook. This issue includes an article entitled HMDA Data Collection and Reporting: Keys to an Effective ...
The latest from John Pettit
Do fintechs scare you as much as they do these CEOs?
Just how scared should banks and credit unions be of fintechs, big techs and others? It’s far from an idle question. The head of Chase made headlinesin mid January ...
Machine learning meets cybersecurity
The healthy and transformative relationship between Machine Learning (ML) and cybersecurity continues to unfold in front of our eyes. As our world becomes increasingly digital, the demand for ML and ...
Three payments strategies to help you thrive in the post-pandemic world
As a member of the CO-OP SmartGrowth Team, I’m constantly asked by our credit union clients what the future of credit and debit spending will look like after the ...
National Credit Union Foundation announces new CFOO
The National Credit Union Foundation has announced the addition of André T. Parraway, CPA as the new Chief Financial and Operations Officer effective February 1. “We are excited to welcome ...
Fed survey: Lending standards expected to ease in 2021
The Federal Reserve’s fourth-quarter senior loan officer opinion survey (SLOOS) revealed that banks expect to ease lending standards this year, following a year-long trend of tightening due to the ...
HR Answers: Why leaders need to model good mental health practices
A great leader I know once told me—and my own experience has borne out—that your people may not always do what you ask them to do, but they ...
Scholarship winner comes home to lead
Kelli Holloway expected her college scholarship from State Employees’ Credit Union (SECU) Foundation, Raleigh, N.C., to lead to a career as a lawyer. Instead, it led her to become ...