The state of credit union investments in 2Q 2020
As of June 30, 2020, credit unions held $533.8 billion in investments — that’s up 19.2%, or $85.7 billion, from one quarter and is the largest quarterly ...
The latest from John Pettit
How to prepare for retirement with adult children living at home
Don’t fret. There’s hope. Many parents have figured out ways to support and encourage smart financial habits in their adult children living at home without neglecting (or draining) ...
PPP forgiveness, extension of CARES Act relief needed
Changes to regulations and the creation of new lending programs have and will continue to help individuals affected by the pandemic, CUNA wrote Thursday to the Senate Banking Committee. The ...
New resources for FIs to encourage coin movement unveiled
The U.S. Mint has announced that October will be #GetCoinMoving month – a month-long campaign created to encourage consumers to redeem their spare coins. New tailored resources and recommendations issued ...
The new normal of mortgage lending
When 2020 forced us to react to a pandemic, none of us knew how our lives would change and what our new normal would look like. The generally accepted expectation ...
4 key takeaways for NCUA fidelity bond compliance
Last October, the NCUA rolled out policy changes that increased bond oversight responsibilities of a credit union’s board of directors. To keep your credit union informed and compliant, we’...
The power of small talk to cultivate connections in person and online
“How are you?” Has this once generic greeting been a conversation game-changer since the onset of COVID-19? The once-rhetorical and sometimes disingenuous greeting, “How are you?” as well as “How ...
Ideas to adjust your strategic planning
Strategic planning ideas are a second thought for many this year. For example, a financial institution executive was recently discussing with me the severe impacts from the pandemic: earnings are ...