A CEO’s guide to talent development
Talent development today is no longer solely about providing the best pay and opportunities to the top 2 percent of your staff. Instead, it’s about developing and feeding a talent strategy that readies your [...]
News Archives
2 keys to mastering your own data
Do you think you’re Google’s customer? Facebook’s? Think again. There’s an old advertising saying that originated in the 70s that goes something like this: If you’re not paying for it, [...]
Helping businesses help people, the credit union way
Member Business Lending believes that credit unions can expand their capacity to serve their members by supporting local businesses in their communities. In an effort to assist the credit union industry in this capacity, Member [...]
5 ways to save at theme parks
Is this year’s summer destination one of the major theme parks like Disney or Universal Studios? July and August is peak season for millions of visitors to enjoy the fun and fantasy of their [...]
CUs begin using new rules ‘for mobile deposit only’
New Federal Reserve Board rules that took effect July 1 now have many credit unions scrutinizing what’s written on the back of checks they deposit, and credit unions that aren’t doing so could [...]
How the GDPR gives new meaning to established privacy and security principles
At around 90 pages long, the EU’s recently-begun privacy regulation isn’t very complicated, but it has still sparked confusion among many US-based businesses. This regulation—commonly known as GDPR, redefines concepts like consent, [...]
Need a CD stampede?
$1 billion 1st United Services Credit Union knew members were starting to show more interest in deposit rates as the Fed started increasing the base rate. Steve Stone, CEO of the $1 billion CU in [...]
New York State takes strong stand in favor of marijuana banking
On July 3rd, New York State’s Department of Financial Services issued a strong statement encouraging both credit unions and banks to consider providing banking services to marijuana and hemp businesses legally operating under state [...]
The Servicemembers Civil Relief Act and private litigation risk
Greetings Compliance Friends! I hope everyone is well rested from the shortened Independence Day week. For me, I am excited at the prospect of having left over Bar-B-Que for the next few days! The SCRA [...]
The Nussle Report – Consumers rank CUs over banks. Again
I hope you spent the Fourth surrounded by family and friends and took a little time to reflect upon and celebrate all the freedoms we're blessed to enjoy in America—fireworks and backyard barbecues, included! [...]
BCFP’s English resigns, ends leadership challenge
Bureau of Consumer Financial Protection Deputy Director Leandra English will step down from the bureau and no longer challenge Acting Director Mick Mulvaney for leadership of the bureau, according to reports Friday. President Donald Trump [...]
This week: NAFCU watching Congress for NDAA developments, reg relief, Mnuchin comments
The House and Senate are both in session this week and NAFCU remains engaged with lawmakers as the chambers take steps to move to a conference committee to hash out details of the 2019 National [...]
Your most essential leadership tool – your mirror!
We’re drowning in the research. We know that self-awareness is an essential leadership skill. The fact that most leaders are lacking in self-awareness is well established. I’m more interested in why––and what [...]
Building member loyalty through marketing and usage campaigns
Diamond Credit Union was founded in 1947 by eight employees of an auto parts maker. More than 70 years later, as a Pennsylvania state-chartered and federally insured credit union with over $600 million in assets, [...]
It’s about the members, remember?
This post is a continuation of "Your Mission Demands It". We're focusing on payday lending and how its very existence should sadden all credit union supporters. Your credit union members are everything to the institution. [...]