How to ace the ACET
The NCUA is now using its own version of the cybersecurity exam required of all financial institutions, and the homework for credit unions ahead of examiner visits can be a doozy. Called the Automated Cybersecurity [...]
News Archives
5 compliance questions that keep credit union leaders up at night
Ambien and Lunesta have met their match, and its name is Credit Union Compliance. Compliance is a topic at the top of any credit union leader’s mind as there are a lot of looming [...]
Now is a good time to prepare for a recession
The news is full of predictions that a recession is coming. The truth is that a recession is always coming–eventually. Whether you believe it’s imminent or more distant, it’s important to think [...]
Make your marketing memorable
You spend thousands and thousands of dollars to promote your financial institution every year. So does every other financial institution in your market. How does your marketing make an impact and stand out among the [...]
Four tips to reducing social media compliance risk
Credit unions often tell us they run into trouble when it comes to their social media, creating friction between the marketing team and the compliance team. Social media is a great way to reach members [...]
3 investing myths debunked
If you aren’t investing, you are missing out on the opportunity to grow your wealth. The wealthiest people share the mindset of having their money work harder than they do. The key to truly [...]
1 word that increased sales by 38%
Do you wish you could make a change as simple as one word in an advertisement and have your conversions shoot up 38 percent? Well, the good news is this is not a pipe dream. [...]
Two strategies for getting out of debt
You may have heard that consumer debt is at an all-time high, CNBC reported in mid-February that due to holiday spending, rising student loan balances and a jump in automobile financing at the end of [...]
Sen. Warren releases CRA bill reflecting months of CUNA/League engagement
Sen. Elizabeth Warren (D-Mass.) released an updated version of her housing legislation Wednesday, a version of the bill that reflects significant engagement between CUNA, leagues, credit unions and Warren. Unlike the previous version, the American [...]
Berger calls on Congress to better regulate fintech in op-ed
In an op-ed published in American Banker, NAFCU President and CEO Dan Berger called on lawmakers to ensure fintech firms are subject to the same data security and consumer protection standards as credit unions. "While [...]
NextGen Know-How: 5 books to help elevate your culture this year
Most organizations are average. They are stuck—not moving forward and not growing. Why? One answer is that average organizations have average leaders. It is still standard practice for many organizations to promote employees for [...]
Leadership lessons from the White House
Prior to beginning their Hill hikes, Dana Perino offered a key piece of advice to attendees at the CUNA Governmental Affairs Conference Wednesday. Remember that stories are powerful. “Who are the members you represent and [...]
Seven CU branches robbed in 9 weeks; scientist arrested
Even the smartest bank robbers are caught, eventually. Karl Doron, who allegedly planned and carried out the robbery of seven California credit union branches within nine weeks, has a background that is not typical of [...]
Lessons from a YMC failure
Processes — the word provokes anxiety in abstract thinkers while inciting joyous glee in their analytical counterparts. But one thing is for certain, love them or hate them, processes are a necessary part of every business [...]
Tech-support top fraud issue reported by older adults
Last week the U.S. Department of Justice (DOJ) announced the largest coordinated sweep of elder fraud cases in history. More than two million Americans, largely seniors, were victimized by more than 260 defendants from [...]