News Archives

OFAC and the CDD rule working together

OFAC and the CDD rule working together

NCUA came out with its Customer Due Diligence (CDD) and Beneficial Ownership Examination procedures not long ago; we blogged on this back in September. While reviewing the procedures, NAFCU identified an item of interest to [...]

Five video tips your credit union can use today

Five video tips your credit union can use today

As we’ve been traveling the country conducting strategic planning sessions and marketing audits, there’s one thing we’ve said until we’re blue in the face: credit union and bank marketing strategies for [...]

An incentive for purpose, not employees

An incentive for purpose, not employees

Many a credit union foundation ensures its ongoing financial stability through donations, grants, and fundraising. Some foundations also lean on their own diversified investment strategies; others leverage their affiliated credit unions for funding. Affinity Plus [...]

CUNA backs reg relief, urges NCUA to extend 1-4 maturity limits

CUNA backs reg relief, urges NCUA to extend 1-4 maturity limits

CUNA supports NCUA’s proposal to provide regulatory relief through amendments to regulations regarding loans and lines of credit to members. CUNA filed its comment letteron the proposal Tuesday. “CUNA supports NCUA’s efforts to [...]

NAFCU’s Morris to give industry update, talk payments systems

NAFCU’s Morris to give industry update, talk payments systems

NAFCU Regulatory Affairs Counsel Andrew Morris today will participate in an industry update at the Electronic Check Clearing House Organization's (ECCHO) business committee meeting. ECCHO represents depository institutions' interests on issues related to check payment [...]

A better credit union for the digital economy

A better credit union for the digital economy

There’s no avoiding it - the digital economy is here. You simply can’t have a strategic plan that excludes the opportunities and risks associated with the digital world we now live in. You [...]

NextGen Know-How: Are you a modern leader?

NextGen Know-How: Are you a modern leader?

Forty years ago, there was little talk in business about engaging employees, coaching and developing direct reports or cultivating the company culture. People stayed at the same organization for most or all of their careers. [...]

How to use member journey data to drive growth & retention

How to use member journey data to drive growth & retention

There are many reasons to seek a clearer understanding of your members’ experience. Here’s one that really counts: while 80 percent of CEOs surveyed by Bain & Company believed they delivered a superior customer [...]

Three experiential learning scenarios

Three experiential learning scenarios

As you work to build the next level of leadership in your organization, include activities that exercise their thinking as part of a cross-organizational team. The typical focus on individual skills is important, but actually [...]