On October 17, 2018, Acting Director of the Bureau of Consumer Financial Protection (BCFP) (previously the Consumer Financial Protection Bureau - CFPB), Mick Mulvaney, announced at the Mortgage Bankers Association, that the Bureau has set [...]
Once tasked with the nuts and bolts of automating analog processes, digital innovation officers are evolving with the banking industry. Standing up digital offerings, supporting emerging technologies and finding new value in products, processes and [...]
Financial institutions face a unique challenge when it comes to web content. As consumers increasingly shop for financial products online — 40% by 2020, according to projections from McKinsey — their path to purchase relies heavily on [...]
If you’ve been eyeing that shiny new Office 365 productivity suite, we totally get it. It boasts all the fancy features we love these days, such as simplified licensing, cost savings, and a cloud-based [...]
Those who are successful must also be mentally strong. The ability to remain focused on your goals regardless of adversity or curveballs that are thrown your way isn't easy. However, like many other leadership traits, [...]
CUNA applauds the Federal Housing Finance Agency (FHFA) efforts to address investor concerns surrounding the Uniform Mortgage-Backed Security (UMBS) before the security is launched in the to-be-announced market on June 9, 2019. CUNA filed its [...]
The Financial Accounting Standards Board (FASB) on Thursday issued a final update to clarify the effective date for its current expected credit loss (CECL) standard. Sharing credit unions' implementation concerns with FASB, NAFCU has worked [...]
You may consider yourself either an extrovert or an introvert, but for the majority of us, we lie somewhere in the middle. You may feed off the energy of a party crowd but also feel [...]
Now that the mid-term election is behind us, consumers await the outcome of promises made by both sides of the political spectrum regarding the economy, healthcare and other big picture issues that impact their quality [...]
It seems like as soon as one natural disaster passes, another one is not far behind. So far this year we have seen the disastrous impacts of Hurricanes Florence and Michael, and the fast moving [...]
The first day on a new job should be an exciting opportunity, but too often it begins with uncertainty and confusion (Where do I park? Who should I ask for when I arrive?) followed by [...]
Angela Hanson’s first leadership experience began with a summer job. Now the chief innovation officer at $283.5 million Heartland Credit Union, Madison, Wis., she was just a teenager when she was tasked with [...]
Growing up on a ranch in South Dakota instilled a strong work ethic in Jean Peterson, first vice chair of the board at $135 million asset Aberdeen (S.D.) Federal Credit Union. She’s still [...]
A former branch manager and loan officer was sentenced to two and half years in federal prison Tuesday by a U.S. District Court judge in Dothan, Ala. Federal Judge Myron H. Thompson also ordered [...]
Branch operations and their relationship to the future of banking are a growing concern among financial services providers. Given the expense of operating a physical location coupled with the growing preference of consumers to conduct [...]
