A federal judge again has denied a request by the CFPB and an association representing payday lenders to delay the Aug. 19, 2019 effective date of the agency’s controversial payday lending rules. In issuing [...]
Before I could enter Seattle’s Amazon Go store this June, I was required to download the Amazon Go app to my smartphone. I was able to do this within a minute. Literally. As I [...]
You, credit union staffer, are a hero. What you do each day improves members’ lives, helping them envision, plan for, and achieve a better future. You’re on the inside of a storied tradition of [...]
Newsweek magazine published a language analysis of US presidents done by FactBase concluding that Donald Trump speaks at a mid-fourth grade level, the lowest of all presidents analyzed, more than one grade level below the [...]
Mobile wallets are getting a lot of buzz. Well-known solutions like Apple Pay and Samsung Pay have captured the attention of the media, and the image of smartphone-waving hipsters at the local Starbucks is undoubtedly [...]
A CEO recently told me he wants to transform his community financial institution into a digital bank but keeps hitting an all-too-common internal roadblock: "But this is how we've always done it." The CEO instituted [...]
NCUA’s latest letter to credit unions (18-CU-01) provides an update on five Examination Modernization Initiatives designed to improve and modernize how the agency conducts examination and supervision. The NCUA board approved five initiatives to [...]
More than 300 credit union representatives are in Denver this week for two NAFCU seminars focused on Bank Secrecy Act (BSA) and risk management. As credit union compliance officers and risk experts learn how to [...]
Explore the latest developments in credit union lending while making meaningful new connections at this year’s CUNA Lending Council Conference. From October 28-31, 2018, at the Disneyland Hotel in Anaheim, CA, credit union lending [...]
I’ve flown 1.3 million miles on United Airlines, which has earned me Gold status for life (mine or theirs, whichever comes first). So I am a hostage of the airline that urges you [...]
Strategic planning season is underway, which means more of us are immersed in research, evaluation of data, and best practices to make sure our teams have the depth and breadth of relevant knowledge needed to [...]
In a discussion of potential emerging strategic risks facing credit unions, a client recently asked whether the shrinking middle class might reduce systemic loan demand in the long run. The popular notion associated with a [...]
Your hopes of squeezing in one last vacation this summer may just become a reality, and at a great deal no less. According to travel app Hopper, round-trip flight prices for Labor Day Weekend 2018 [...]
Before the fight to pass H.R. 1151, the Credit Union Membership Access Act, credit unions were somewhat of a political afterthought on Capitol Hill, says Buddy Gill, a chief architect of the effort to [...]
In a new statement to CU Times, Alan S. Kaufman said he will vigorously defend himself against what he described as misleading charges made by the NCUA against him. “I will not be a scapegoat [...]
