Did you know April is Financial Capability Month? Proclaimed in 2015 by President Barack Obama, National Financial Capability Month was created to renew our efforts to support the informed financial decisions that will open doors [...]
For more than a decade, Citi has consolidated its retail banking business, focusing on affluent customers and businesses in major cities in the U.S. and worldwide. More recently, Citi has streamlined its footprint, redesigned [...]
CUNA encouraged the Federal Housing Finance Administration (FHFA) Wednesday to continue to work towards finding the right balance between safety and soundness and credit availability for consumers. CUNA sent its letter in response to FHFA’[...]
NAFCU will meet today with Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco to discuss the agency's ongoing priorities and credit unions' regulatory burden associated with suspicious activity report (SAR) filings, among other concerns. This [...]
So... Facebook, we have to talk. I don’t think it’s working out. It’s not you, it’s me... The old Facebook break-up trope is a tad cliché. But perhaps this time Facebook [...]
Sometimes a phrase gets used so often that it loses its impact, like “People Helping People.” Those three words perfectly embody what the credit union movement is all about. But in the abstract, they can [...]
Has the energy level in your office dropped so low you feel like you’re walking through a post-apocalyptic zombie landscape? Has the camaraderie and banter that once filled the halls disappeared? Isn’t this [...]
I love Spring. It’s a new chance for me to get organized and de-clutter. We are a house of readers and even with our Kindles, somehow the hardcover and paperback books pile up every [...]
Does your credit union want an all-in-one marketing solution, such as HubSpot, which can coordinate web, email and customer relationship management efforts as well as providing marketing automation? Or do you need to bridge the [...]
Some 43 Democratic senators are blasting Acting CFPB Director Mick Mulvaney’s backtracking on the agency’s payday lending rule and enforcement. In a letter, the Democrats, led by Sen. Richard Durbin (D-Ill.), said reconsideration [...]
In our compliance inbox, we often get asked about advertising requirements. The questions can range from whether a particular message is considered an advertisement to the specific content requirements for advertisements. If any of you [...]
Admittedly, direct mail doesn’t rank as highly in most marketing campaigns as it did twenty years ago. However, direct marketing also has not gone the way of the dinosaur. If anything, the rise of [...]
Over the past five years, multicultural consumers have accounted for a staggering 100 percent of U.S. population growth and 61 percent of credit union growth, too, according to December 2017 TruStage datafrom CUNA Mutual [...]
While you can implement many safeguards to protect your credit union, collaboration between the board of directors, management team, and credit union staff is critical to managing risks associated with wire transfers. Protect your members [...]
Over the weekend, we had a little incident. I was at a friend's house with the family for a party. While we were chewing the fat upstairs, something happened in the basement. One of the [...]
