“I assumed that growth equals danger.” Those were the words of Danny Meyer, founder of Shake Shack, a venture that started as a seasonal hot dog cart before exploding into a public company with more [...]
By the year 2020, Gen Z will account for one-third of the U.S. population – or 40% of all consumers. This means you shouldn’t wait to address how you can adapt your marketing strategy [...]
Roy Bergengren once said, “The most important service of the credit union is the education of its members in the management and control of their own money.” Indeed, the most important way credit unions differ [...]
The smartphone is one of the greatest inventions of our time. It provides us with endless amounts of information anytime we need it. It’s hard to get stranded or lost when you have a [...]
Within a traditional credit file, lenders consider the “five Cs of credit” to determine whether a small business is worth the risk for a loan. These include credit history, capacity to repay outstanding debt, collateral, [...]
NCUA laid out its 2018 supervisory priorities in its annual Letter to Credit Unions No. 17-CU-09 to kick off the year. Not surprisingly, cybersecurity, Bank Secrecy Act (BSA) compliance, and internal controls and fraud prevention [...]
Nita Rae Nirschl, former president/CEO Parsons Pittsburg Credit Union, will spend the next five years in a federal prison for stealing more than $6 million from the merged $13.3 million Kansas cooperative. In [...]
AI knew that would get your attention. I’ll be talking about that soon enough but first, here are some things of more immediate concern. Senate Begins To Debate Regulatory Reform Bill The first big [...]
I love the Millennial generation. They are my fave by far. I love their insights and ability to change quickly, and they can also learn from generations before them. I was excited when I recently [...]
According to various sources, Amazon is considering partnering with various banks in an effort to offer a “checking-account-like” product for consumers. It has been reported by The Wall Street Journal that Amazon is in early [...]
Somewhere between 50 and 80 million U.S. consumers have little or no credit history. That’s somewhere in the range of 15 to 25 percent of the U.S. population. What this means is [...]
Last June, a team of CUESers from the editorial, marketing and sales staff got together to plan a new, all-digital publication about and for credit union women leaders. After speaking to several members and other [...]
CUNA President/CEO Jim Nussle reiterated his call for credit union action to support the Senate’s bipartisan regulatory relief bill, S. 2155, Monday as the Senate prepares to move forward this week. Stakeholders can [...]
In another victory for credit unions facing litigation over unclear website requirements under the Americans with Disabilities Act (ADA), a federal district court in Virginia found that the plaintiff to such a lawsuit did not [...]
Being in debt can be a huge hole that can take years to climb your way out of. If you’re currently working on a mountain of debt, keep your eyes on the prize and [...]
