At NAFCU, my department focuses on the latest and most challenging regulatory compliance issues facing credit unions today. We are constantly in contact with compliance officers and other credit union staff who have to deal [...]
Admit it. The typical mobile banking app is rather boring. I mean seriously, there is not much to it. The user fires it up, goes in, checks a balance, moves some money, pays a bill [...]
A credit union’s Asset/Liability Management process represents one of the most important functions in its operations. Paramount to any A/LM process are the Interest Rate Risk (IRR) and equity-at-risk limits recommended by [...]
It seems like every week some new technology – usually software – is launched that’s designed to completely change the financial services industry. With so many new software and other programs available or on the horizon, [...]
There's a great line from the movie Ferris Bueller’s Day Off when the lead character says “Life moves pretty fast. If you don't stop and look around once in a while, you could miss [...]
The words you choose when communicating to others can make your job easier or more difficult – especially if you’re an MSR in the complex, multi-faceted credit union industry. Talking to strangers about personal matters [...]
To quote the legendary Bob Dylan, “The times they are a-changin’.” That sentiment is even more true today than ever before, especially in the financial industry. Gone are the days when customers visited their local [...]
Collections and lending go hand-in-hand. No matter how conservative a credit union’s lending standards may be, there will inevitably be some borrowers that slip into delinquency for various seen or unforeseen reasons. While consumer [...]
The end of the calendar year gives us all a chance to reflect on the days that have made up 2015, but to also give us a chance to consider the endless possibilities of 2016. [...]
Whether you have ever personally found yourself in need of assistance from a charitable organization, there are times when people need a helping hand. While all PSCU offices actively support a variety of non-profit charitable [...]
I always get excited about a new year. There are always new things to learn and new projects to kick off. The new year provides us with a chance to start fresh and it can [...]
The CUInsight.com Community was started a few years ago as a place for thought leaders around the credit union industry to share ideas, best practices and opinions. We wanted to create a place that [...]
The Department of the Treasury has announced the national rollout of myRA® with expanded funding options after concluding the initial pilot phase of the program that saw about 3,000 myRAs opened. The myRA (my [...]
For better or worse, the Current Expected Credit Loss (CECL) rule is headed to a credit union near you. Partially the offspring of the 2008 banking crisis, CECL is a loan-loss provisioning rule still technically [...]
When looking for Credit Union marketing ideas we follow the trades, and great sites like this one (cuinsight.com), but we also look OUTSIDE the CU industry for inspiration. This helps our staff keep clients [...]
