News Archives

Going after growth goals

Going after growth goals

In today’s financial services landscape, credit unions are facing more competition than ever before. Technology is changing how people want to interact with all service providers, including their credit unions. New market entrants are [...]

A 5-step approach to innovation

A 5-step approach to innovation

Erin Coleman challenged CUNA Management School students to “dip your toes in the water of innovation” Thursday in Madison, Wis. Coleman, senior impact director for the Filene Research Institute, took students through several innovation exercises [...]

Former credit union board chair found guilty

Former credit union board chair found guilty

A Virginia jury found the former board chair of New Bethel FCU guilty Wednesday of three felony counts of forging a contractor’s signature on financial documents. Mark M. Whitaker, Portsmouth city council members, was [...]

Ask, talk, listen, repeat

Ask, talk, listen, repeat

In the 1970s, there was a perfume commercial that said, “If you want to capture someone’s attention, whisper.” While that may work on TV, it probably isn’t a great strategy for problem-solving with [...]

10 years ago…

10 years ago…

10 years ago… There were about 8,080 credit unions. Today there are 5,500. Our industry held $832 billion in assets. Today? More than $1.4 trillion. 11 percent of mobile phones were “smart” [...]

3 ways to learn what others already know

3 ways to learn what others already know

As a leader, it is easy to run with our ideas and immediately put them into play. Conversely, it is not as easy to ask for input on our ideas. We may phrase our questions [...]

Need for BCFP oversight commission stressed at Kraninger hearing

Need for BCFP oversight commission stressed at Kraninger hearing

Two members of the Senate Banking Committee called for board/commission oversight of the Bureau of Consumer Financial Protection during the confirmation hearing of Kathleen Kraninger, President Donald Trump’s choice to lead Bureau. Kraninger [...]

House OKs funding bill with NAFCU-led RBC delay, reg relief

House OKs funding bill with NAFCU-led RBC delay, reg relief

The House Thursday passed the Financial Services and General Government appropriation's bill, which houses a two-year delay of the NCUA's risk-based capital (RBC) rule, among other NAFCU-backed provisions. This is the third time this RBC-delay [...]