“What are your most successful credit unions doing, that we’re not?” I routinely get that question when I speak with credit union leaders. Sometimes it’s asked in a conference breakout session, and other [...]
With more than 5,000 credit union leaders in Washington, D.C. for CUNA’s Governmental Affairs Conference this week, CUNA will remain fully engaged with hearings in both chambers of Congress this week. This [...]
House Financial Services Committee members Lee Zeldin, R-N.Y., and Vicente Gonzalez, D-Texas, today introduced NAFCU-sought legislation that would give the NCUA greater flexibility in setting loan maturity limits under the Federal Credit Union Act. "[...]
With a strong economy and an increase in jobs and wages, consumers are more confident when it comes to their spending habits. These spending habits have impacted the number of loans that lenders are offering [...]
Credit Union Magazine’s 2019 Credit Union Heroes include a former teacher who’s still displaying class as a financial educator, an ex-banker who’s now preaching the credit union gospel, a financial counselor with [...]
A bipartisan group on House members on Thursday introduced legislation that would provide credit unions and other financial institutions with a safe harbor from sanctions for doing business with marijuana-related businesses. Democrats Ed Perlmutter of [...]
Members willingly give away their personal and financial information and then get tricked into authorizing wires, ACH, plastic card and other types of monetary transactions. Protecting members from themselves is a tricky proposition. Recognizing scams [...]
When you're in the business of auto lending, collateral recovery can be an expensive and risky endeavor. While no lender wants to repossess their borrowers' vehicles, sometimes it's necessary in order to recoup as much [...]
Not every problem in an organization makes it all the way to the CEO's ears. That's why it is important as a leader to set the expectation that all employees are problem solvers. If someone [...]
Washington DC is the adult version of Disney Land. There are those of us who love the place and return year after year; there are those of you who visit the place, can’t stand [...]
Tax filing season is of course a busy time of year for accountants. However, it’s also a bust time of year for scammers, as well. According to a recent Federal Trade Commission report, of [...]
Elate: To make someone ecstatically happy. I'll fully own the cheesy rhyme in the title of this article. What I will not own (and what credit unions cannot afford to own) is something as mundane [...]
According to a 2018 research study performed by Sales Management Association [1], there is as much as an 18% gap in sales revenue achievement between companies with strong sales coaching strategies vs. those that have [...]
Since mid-February, my social media feeds have been filled with posts from disgruntled connections who have filed their 2018 taxes. Also, there has been no shortage of news stories covering taxpayers’ shock and anger at [...]
The NCUA board Thursday approved a $160.1 million equity distribution from the National Credit Union Share Insurance Fund that will be paid to eligible credit unions in the second quarter of 2019. This is [...]
