How to seize advantages during an economic downturn
If you look at current economic downturn data and projections for too long, you’ll get depressed quickly. McKinsey & Company is projecting it will take most business sectors more than ...
The latest from John Pettit
Unity One Credit Union on using Zogo to reach high school students
In 1927, the financial cooperative that eventually became Unity One Credit Union was created by a small group of railway clerks with the Great Northern Railroad located in Minnesota who ...
BSA changes on the horizon: A look at the 2021 NDAA
On Friday, Congress passed 2021’s National Defense Authorization Act (NDAA). While President Trump has threatened to veto the law, it is believed there may be enough support in congress ...
Regulators must note differences between regulation, guidance
CUNA supports a joint interagency rule to codify a 2018 statement that guidance does not have the force and effect of law. CUNA noted it is vital that NCUA, “appreciate ...
NAFCU reiterates call to exclude CUs from small biz data collection rule
In response to the CFPB’s outline of proposals to implement section 1071 of the Dodd-Frank Act requiring financial institutions to collect and report data related to small business lending, ...
Compliance holds your passport to greater financial inclusion
COVID-19 made life extraordinarily difficult for a lot of people in ways they never anticipated. Adults that had never experienced a job loss, an inability to pay their bills, even ...
Podcast: Don’t talk the talk with customer experience, walk the walk
These boots are made for walking…and that’s just what they should do. But, when it comes to Customer Experience in Financial Institutions, too often there’s a whole ...
4 marketing strategies to lead your credit union to success in 2021
2021 is almost here, and like many of us, most credit unions are eager to put this year behind them. Unfortunately, you can’t take COVID-19 out of the picture ...