For credit unions seeking to provide loans under the Bureau of Consumer Financial Protection (CFPB)’s payday lending rule, today, August 19, 2019 would have been the compliance deadline for many of the requirements. On [...]
Welcome to episode 34 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. On this episode, Randy is chatting with Melina Palmer the host of The Brainy Business podcast [...]
When I think about all the different twists and turns I have taken in my life, it sometimes makes me dizzy. Of course, when I think of everything I’ve learned and the lessons I’[...]
Crimes occurring at ATMs have been on the rise over the past few years. And the types of crimes are growing. From basic vandalism to skimming and shimming and even pulling the ATM from its [...]
This is one of my favorite Yogi Berra quotes and I have always thought it would be fun to use it in a strategic planning discussion. So if you consider this a part of your [...]
CUNA, working with a large group of state lawmakers around the country, has secured support for the Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595). The bill would protect financial institutions that serve [...]
NAFCU's Congressional Caucus is fast approaching and today is the last day member credit unions can nominate a champion for the association's 2019 Paul Revere Award, which recognizes an individual's grassroots and political efforts. Also, [...]
Three hours after County Educators Federal Credit Union President/CEO Glenn South died at a New York City hospital on March 30, 2017, someone allegedly deleted documents from the executive’s desktop computer in his [...]
Student loan debt continues to trend upward and remains prominent in the news. LendKey has performed research to assess how borrowers felt about their college choices when considering their ability to repay their student loan [...]
Has your organization seen decreased lending opportunities or have you had to downsize profitable lending programs as a result of your loan-to-deposit ratio? Have you had to borrow money from the Fed or other funding [...]
In February 2019, Realtor.com released their 2018 Generational Propensity Report which outlined homebuying trends based on generational groups. Here are the biggest takeaways: Millennials passed Generation X as the group taking on the most [...]
Akshay Chopra leads the Dubai Innovation Center, a 4,000 square-foot facility helping Visa clients and partners build new payments experiences in Central and Eastern Europe, Middle East and Africa. Whenever we run a co-creation [...]
Procrastination is something we're all guilty of. There are only so many hours in a day to get things done, and it's easy to push things off if we're feeling rundown or uninspired – especially if [...]
When you’re shopping for a loan, it’s always important to compare the Annual Percentage Rate (APR) of various loan offers. However, when you’re shopping for a credit card, there’s another ate [...]
Increased consolidation and competition require that credit unions today adopt a new strategy. The winners in this emerging landscape will be institutions that leverage data and prediction across their organization. Data-driven decision making, made possible [...]
