News Archives

Deposit dilemma pushing mergers?

Deposit dilemma pushing mergers?

I read with interest the “Deposit Dilemma” article in Invictus Group’s recent Bank Insights newsletter, which asserts that the current economic situation is pushing more banks to boost their deposits through an unconventional means: [...]

3 tough rules for finding a rebrand agency

3 tough rules for finding a rebrand agency

How important is your brand? It’s an impression of you and your financial institution. We’re talking about the essence of your credit union or community bank. Yeah, it’s pretty essential alright. And [...]

Do you know where your report data is?

Do you know where your report data is?

A typical credit union downloads its report bundles daily from its processors. Usually, the only option is to store those highly sensitive Payment Card Industry (PCI) report bundles on a network drive, with some level [...]

Owning your brand

Owning your brand

While en route to facilitate a member engagement training this month, I spent some time in the Syracuse airport. The airport has been under construction for the last several months and can be a little [...]

How to keep your MSRs from quitting

How to keep your MSRs from quitting

Providing employees with fair compensation and opportunities to grow will only take your credit union so far. While competitive wages are one way to help retain employees, ultimately that’s not what will keep them [...]

Communuity CU Federation changes name to Inclusiv

Communuity CU Federation changes name to Inclusiv

The National Federation of Community Development Credit Unions has changed its name to Inclusiv. “The Inclusiv name grows out of the organization's commitment to financial inclusion and its dedication to ensuring access to responsible financial [...]

Largest data breach in history costs Yahoo another $85M

Largest data breach in history costs Yahoo another $85M

Yahoo's 2013 data breach that compromised three billion accounts – the largest of all time – will cost the company an additional $85 million after a newly reached settlement orders the company to pay $50 million in [...]

Don’t mute voice banking

Don’t mute voice banking

Think about that last business lunch you attended. We are accustomed to everyone occasionally staring at their phone during the meal, but this last time around, did anyone activate a voice assistant to search for [...]

CUNA supporting Hyde-Smith in Mississippi special election

CUNA supporting Hyde-Smith in Mississippi special election

CUNA’s political action committee on Tuesday announced its final independent expenditure of this election cycle—television advertising on behalf of Sen. Cindy Hyde-Smith (R-Miss.). The Mississippi election is unique; it is a special election [...]

8 traits of a great leader

8 traits of a great leader

Hello from Annapolis, Maryland! We're at NAFCU's Management and Leadership Institute. Yesterday, more than 110 credit union leaders designed the characteristics of the leader they want to follow - and the leader they want to [...]