The key to becoming an influential brand
Imagine if your Credit Union was one that had a direct effect on the behavior and financial decisions of consumers. What better way to build loyalty than for an organization to be able to shape [...]
News Archives
Press interviews: How to not sound like a dummy
Press interviews are great – as long as you don’t say something stupid. The more prepared you are for an interview and the better you understand the interview process, the less likely you are to [...]
Get retroactive with your sanctions screening
In their efforts to remain compliant—and profitable—modern financial institutions have adopted real-time sanctions screening as a battle-tested best practice. However, regulatory bodies update their watch lists quite frequently. For instance, OFAC updated its [...]
Navigating the mortgage maze
Whether you’re buying your first home or your fifth home, your finance options can be confusing. That’s because many types of mortgage loans are available, with varying rates and terms. However, the basic [...]
CFPB defanged?
With Trump-appointed deregulators now in charge of the Consumer Financial Protection Bureau, the specter of new regulations governing overdraft practices and fees has been lifted, at least temporarily. CFPB is at a fork in the [...]
Digging through the data
In credit unions’ early days, each production line in a factory might have its own credit union office, a volunteer treasurer often did the accounting by hand, and a credit committee assessed risk, relying on [...]
Mulvaney pledges to scrub CFPB rules to loosen regulation
The CFPB intends to scrub its existing rules to determine if they strictly follow the Dodd-Frank Act and go no further, the agency said in a new Strategic Plan issued Monday. “Indeed, this should be [...]
Building the killer mobile bank app
When it comes to transactional features like checking balances and transferring funds, most banks and credit unions do a decent (if uninspiring) job with their mobile banking app. But these days mobile banking has essentially [...]
How often does your CEO meet with your IT director?
The reason why I’m asking this question is because even as financial service businesses recognize the centrality that cybersecurity must play in their operations, a recent survey released by The Financial Services Information Sharing [...]
To discover what you have to give, Put yourself there
Have you ever felt a calling to help, but you weren’t entirely clear what form that help should take? It’s a puzzle many credit union leaders confront. That’s because the credit union [...]
Rumor has it . . . exams include website reviews
NAFCU has been hearing from members that examiners are conducting website reviews as part of recent examinations. A credit union's website can contain advertising content as well as impact other areas of compliance. Here are [...]
5 C’s every leader needs
There is a big difference between leaders who are truly great and those who skate by or overly rely on their titles. Leaders who are great are easy to identify – they leave a lasting mark [...]
Compliance: Indirect lending under Military Lending Act
The Department of Defense’s December guidance on the Military Lending Act (MLA) has impacted several credit union services, and a recent CUNA CompBlog post examines its effect on indirect dealer lending programs. The post [...]
This week: House to vote on NAFCU-sought ADA, reg relief bills; NCUA discusses NCUSIF distributions
The House and Senate are in session this week and NAFCU lobbyists continue to engage with lawmakers on Capitol Hill to ensure the credit union industry's perspective is heard on important issues including the Americans [...]
Your money problems are all in your head
Most people wish they were better with money. It doesn’t matter if you need to make more or spend less. Chances are, you feel like you’ve tried everything and gotten nowhere. Here’s [...]