Commit to a long-term plan for excess liquidity
Even if your credit union had a short-term plan for managing excess liquidity that built up in the early months of the coronavirus pandemic, it’s probably time to consider ...
The latest from John Pettit
This time around, it’s different
The Great Recession and COVID-19 each convulsed the American public — but in very different ways. The most obvious is the deaths of hundreds of thousands of people from a pandemic ...
Looking ahead: Holding meetings in 2021
Happy November! The year 2020 is drawing to a close. That does, however, leave some burning questions for 2021. No, I’m not talking about the results of tomorrow’s ...
Who is faster?
I recently had a discussion with a consultant on emerging issues and regulatory trends surrounding changes in the payments’ frameworks and technology. The changes in this area are coming rapidly—...
Expenses need to be cut, but not in my department
We’re all aware that 2021 could be a lean year for earnings, given that loan losses are expected to increase, the low rate environment is expected to continue, and ...
Lessons from the 80’s for engaging members
We’re all livin’ on a prayer these days. And those 80’s jams? Yeah, they bring back some memories (or at least some movie-inspired nostalgia for you babies out ...
OTR, operating fee proposal will maintain fair assessments
CUNA’s goal is to ensure a fair distribution of the charges for the supervision of credit unions, consistent with the Federal Credit Union Act, for all credit union regardless ...
CFPB amends rule related to records, information disclosure
The CFPB Thursday issued a final rule to amend its Disclosure of Records and Information Regulation. In response to the bureau’s request for comment on the proposed amendments in ...