Even though debit cards remain highly profitable for banks and credit unions (at least those below $10 billion), the same forces of change disrupting consumer banking and payments could spoil the party. But if financial [...]
When selecting a core provider, there is more to consider than features and functionality. There are quantitative factors that should be considered, and these numbers will help guide a credit union's decision in the selection [...]
You’ve just returned to your office from a learning experience, full of excitement for what is to come. Your notebook is filled with pages of notes, take-aways and ideas you’d like to put [...]
Welcome to episode 15 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. Mike Walsh joins me today for a fascinating conversation with someone who is outside the credit [...]
I’ve been a Cleveland Cavaliers fan for a long time, well before LeBron James joined the team – both times. I remember seeing Zydrunas Ilgauskas make his debut in 1997, back when the team played [...]
With all of the talk around credit unions regarding business model disruption, it seems the same conversation should flow to credit union chapters. We’ve all joshed about “Chapter Chicken,” the 50-50 drawing, and how [...]
That adage is attributed to St. Francis. It is one of my favorites, as it reminds us that we can say anything we like, but it is our actions that tell our true story and [...]
CUNA President/CEO Jim Nussle, Chief Advocacy Officer Ryan Donovan, Deputy Chief Advocacy Officer Elizabeth Eurgubian and Senior Director of Advocacy and Counsel Mitria Wilson met with new NCUA board member Todd Harper Wednesday to [...]
The CFPB yesterday announced changes, many of which take into account NAFCU suggestions, to policies regarding Civil Investigative Demands (CIDs). The proposed changes – which better align with requirements set forth under the Dodd-Frank Act – ensure [...]
At Credit Union of the Rockies, our main focus has always been to provide our members with the best possible banking experience. While this goal hasn’t changed, member expectations have. Consumers today demand a [...]
With banks steering clear and the industry surging toward $22 billion in sales, hemp and its trendy ingredient known as CBD could be the next lucrative frontier for direct lenders. Earlier this month, Mile High [...]
Fast, dependable and secure internet service is a necessity for every business. But for financial institutions, simply deploying dedicated high-speed access from a typical Internet Service Provider (ISP) and calling it a day is not [...]
“Where’s the beef?” Some of you may not know this classic 1980s catchphrase from Wendy’s. So, let’s try another one: “Dilly dilly!” Now I’ve captured the rest of our readers attention. [...]
I’m obsessed with a new show on Food Network called Buddy vs. Duff. It’s a weekly showdown between Ace of Cakes star Duff Goldman and Cake Boss star Buddy Velasco – two veterans in [...]
As credit unions continue to find different ways to reach new members, their use of social media continues to increase. The NAFCU compliance team occasionally gets questions on the requirements for using social media to [...]
