Picture a busy expo hall filled with banking and financial services professionals. They’re mostly there to network, catch a few fintech demos and learn more about the industry. But there’s another pull: filling [...]
America’s Credit Unions President/CEO Jim Nussle and members of its advocacy team met with CFPB Director Rohit Chopra Wednesday for a discussion on topics ranging from the credit union difference to the negative [...]
How are we going to grow core deposits? This is the question many credit union executives have recently been wrestling with. With zero percent interest rates a thing of the past, the only real option [...]
Ongoing regulatory, competitive, and economic changes in the credit card landscape are driving many credit unions to review their credit card program strategy and evaluate whether to invest in growing an internal program or explore [...]
Your credit union’s reputation is not merely a reflection of your public image, but a tangible asset with measurable impact on the most essential aspects of your credit union’s operations. Today, we explore [...]
In an industry as dynamic and fiercely competitive as banking, community financial institutions face a formidable challenge. Mega banks are echoing smaller institutions’ traditionally unique selling propositions—personalized consumer care, the elimination of certain fees [...]
Many total rewards decisions once followed a templated approach that met many basic needs, but often overlooked the concerns of specific populations. Diversity, equity and inclusion (DEI) related to pay, health and career are essential [...]
Where did you open your first bank account? For me, it was with a credit union. I still remember how proud I felt, strolling through the glass doors of Washington Trust in Rhode Island to [...]
In the 2023 Annual Data Breach Report from Identity Theft Resource Center, there were 3,205 publicly reported data compromises that impacted an estimated 353,027,892 individuals. This report also highlights a 78% increase [...]
Although comments on the proposed rule are not due until April 1, credit unions in the South already are blasting the Consumer Financial Protection Bureau for its proposal to limit overdraft fees at large banks [...]
Trying to boost your deposit-to-loan ratio? Look to the data A recent BAI report noted that financial institutions (FIs) nationwide are prioritizing deposit growth this year. But that’s nothing new—FIs are constantly trying [...]
Dr. Jennifer Golbeck has complicated feelings about artificial intelligence. The computer scientist and University of Maryland professor hopes people understand why after her presentation on “AI, Connectedness, and the Big Data Future for Financial Services” [...]
I have really been looking forward to today’s conversation for a while! I am so excited to have former “retired” CEO Nick Wodogaza on the show this week to talk all about the awesome [...]
As major banks continue to close branches in rural communities, credit unions are stepping up to fill the void. Where consumers are at risk of living in financial deserts, credit unions are working hard to [...]
Automated Clearing House (ACH) modernization stands out as a pivotal area of development in payments. In a webinar hosted by Banking Exchange, industry experts Alex Romeo, Operations Strategy Vice President at Federal Reserve Financial Services, [...]
