Every generation has a different point of view, says Edith Cabrera-Tello, one of the younger members of Community 1st Credit Union’s board of directors. And her voice on the board provides the $614 million [...]
Four former credit union employees, including a manager and a long-time teller and administrative assistant were banned Wednesday by the NCUA from participating in the affairs of any federally insured financial institution. Catherine Linton, former [...]
Here’s this week’s life lesson: Bank of America does not equal Bank of Americans. Last week, Bank of America announced it is eliminating free checking for account holders who maintain low balances. Presumably, [...]
Never burn a bridge with former girlfriends. It can jump start a career. I stayed friendly with my high school girlfriend Maryanne who married John Unangst the President of Franklin Mint Federal Credit Union. John [...]
Good morning, Credit Union Compliance World! In a short space of time, your NAFCU Regulatory Compliance Team got pinged with a couple different versions of the same question – when can credit unions consider medical information [...]
Many who hear the expression “design thinking” mistakenly believe that it is all about aesthetics — something limited to “creative types” who specialize in graphic design. But that’s not the case. It doesn’t mean [...]
The decision to invest in new credit union technology is not made lightly. There are many factors involved, not the least to be considered are cost, compatibility, and anticipated gains from tech provided efficiencies. Take [...]
CUNA President/CEO Jim Nussle said CUNA is pleased President Donald Trump addressed the need for regulatory relief in Tuesday’s State of the Union. Regulatory relief is a key pillar of CUNA’s 2018 [...]
NAFCU's Carrie Hunt, in a letter yesterday to the Senate Banking Committee, urged committee members to ensure credit unions' access to the secondary mortgage market in any housing finance reform legislation it considers. Hunt, NAFCU's [...]
Credit unions will need to do more than just “keep up” with large FI innovation in mobile banking. The basic five or six features in a typical mobile banking app are a must for consumers. [...]
Are you ready to join an ATTENTION REVOLUTION? Are you ready to commit to paying attention to what matters most? In today’s society, people everywhere are overwhelmed, overstressed and overtired. We receive information at [...]
The United States has a savings crisis. According to the Federal Reserve, household rates of saving have dropped to levels not seen since 2008 and are not far from the all-time low. Surveys show that [...]
In today’s rapidly changing world, predicting trends more than a few months into the future can be a daunting task. Yet a long-term perspective is exactly what is required for long-term success. While the [...]
As if credit union did not have to enough to worry about now the Secret Service is warning financial institutions of robbers remotely commanding ATMs to spew out cash on command. It's called jackpotting, a [...]
The digital age, as it has with so many facets of daily life, has permanently altered how regular consumers use and view financial institutions. Consider that today’s consumer only walks into a physical branch [...]
