News Archives

Leading in uncertainty

Leading in uncertainty

Welcome to the age of uncertainty, a time when there is more happening outside of your credit union then inside your credit union that can impact your success.  In this marketplace one of the greatest [...]

NCUA bans 1 from future work in FIs

NCUA bans 1 from future work in FIs

The NCUA in October issued one prohibition notice, prohibiting an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution. Violation of a prohibition order is a [...]

Commit to a long-term plan for excess liquidity

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 long-term strategies to bolster income [...]

This time around, it’s different

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 that still rages. But the [...]

Looking ahead: Holding meetings in 2021

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 Presidential election. I’m talking [...]

Who is faster?

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—particularly with a younger generation [...]

Expenses need to be cut, but not in my department

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 the unknowns seem to outnumber [...]

Lessons from the 80’s for engaging members

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 there.) Regardless, that kind of [...]

OTR, operating fee proposal will maintain fair assessments

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 of charter type. CUNA submitted [...]