One truth that I share with anyone who’ll listen is how reaping the rewards of building strong relationships develops and evolves over time. A great example of what’s possible, once the proper foundation [...]
The Consumer Financial Protection Bureau (CFPB) issued a proposed rule on Home Mortgage Disclosure Act (HMDA) reporting requirements Thursday, as well as an Advance Notice of Proposed Rulemaking (ANPR) about the costs and benefits of [...]
A number of NAFCU conferences are set to break attendance records this year, and credit unions are encouraged to take advantage of early-bird registration savings on upcoming events, including the BSA Seminar happening Aug. 11-14 [...]
Speculation had been long brewing in the financial services industry about when—not if—Apple would enter the payments space with its own products, and what that would mean for the industry. Apple officially threw [...]
The Federal Bureau of Investigation’s Internet Crime and Complaint Center received 50,000 more complaints in 2018 (351,936) than in 2017 (301,580), with losses from those complaints amounting to $2.7 billion, [...]
Challenges with partnerships between fintechs and traditional banks and credit unions are understandable in a world where a financial institution tries to forge a partnership with a fintech from scratch, figuring out everything for itself. [...]
The concept of perpetuating awareness about the importance of financial literacy education and the consequences of not understanding personal finances was boosted when in 2004 the U.S. Congress designated April as “National Financial Literacy [...]
The Current Expected Credit Loss (CECL) standard has been a contentious subject since the Financial Accounting Standards Board (FASB) issued it in 2016. Recently, the debate has heated up with FASB, Congress, federal financial regulatory [...]
As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly successful Bank of North [...]
It's important to have a financial institution you can trust to bank with. You need to have a place to park your cash, as well as a trustworthy provider of mortgages, personal loans, and other [...]
We all try to save a little money here and there, and sometimes it can be tough to find extra money to save. While it can be a challenge, it’s definitely not impossible to [...]
Two members of our team attended and presented at the Financial Brand Forum in Vegas this Spring, and we had a blast! But more than just having some fun, we also learned a lot about [...]
During a recent dynamic brand workshop working with a credit union partner in the Southeast, a leadership team member made the following observation about their credit union culture: "We must always be more than a [...]
Last article we talked about the importance of investing in your leaders and making sure they were leading your organization in the most effective manner. In previous articles we’ve talked more globally about your [...]
Data security and privacy issues create economic and even national security concerns, CUNA Chief Advocacy Officer Ryan Donovan wrote to Congressional offices Tuesday. Donovan reached out to Senate Commerce and House Energy and Commerce Committee [...]
