News Archives

Strategic planning traps

Strategic planning traps

Many credit union and bank executives dread strategic planning. It’s the same routine year after year, and decisions made at the strategic planning session are rarely addressed again until the next session…a year [...]

Building an AI-powered financial institution

Building an AI-powered financial institution

For most organizations, the discussion of the benefits and potential of AI is much more widespread than the actual deployment of these technologies across the organization. In fact, most of the use of advanced analytics [...]

NCUA Chairman Rodney Hood visits Indiana League

NCUA Chairman Rodney Hood visits Indiana League

NCUA Chairman Rodney Hood was at the Indiana Credit Union League office Monday to visit with several members of the League board of directors, members of its Governmental Affairs Committee and senior management. Hood, who [...]

NAFCU supports CUs amid new banker attacks

NAFCU supports CUs amid new banker attacks

NAFCU's Carrie Hunt, in response to 51 banking associations' call for lawmakers to examine the NCUA's efforts and ability to provide proper oversight of the credit union industry, said the bankers' argument had no merit [...]

Compensation Update: Proceeding with caution

Compensation Update: Proceeding with caution

While credit union CEOs and other executives received healthy salary hikes and bonuses over the past year, the pace of those increases slowed slightly as compared to 2018 for more than half the positions included [...]

Does your credit union have grit?

Does your credit union have grit?

Grit is essential for survival. Life gives us challenges and we face most of them when we feel the least capable of handling them. I recently joined toastmasters and during the icebreaker of my first [...]

Visa puts fintechs on Fast Track to payments innovation

Visa puts fintechs on Fast Track to payments innovation

The United States is a massive market for innovating in the space of banking and financial services, with fintech investment in the U.S. more than doubling to $52.5 billion last year alone. Visa [...]

Here’s why credit freezes are hot this summer

Here’s why credit freezes are hot this summer

Data breaches have been all over the news lately, first with the announcement of the settlementof the 2017 Equifax breach and more recently with reports of a new major data breach at Capital One involving [...]

NCUA increases commercial loan appraisal threshold!

NCUA increases commercial loan appraisal threshold!

In their July Board meeting, NCUA's Board approved a final rule, which increases the loan value threshold for when a commercial real estate appraisal is not required from $250,000 to $1,000,000. In [...]