Have you ever wished you could move money between institutions faster than two days? Guess what - YOUR WISH WILL BE GRANTED! NACHA (The electronic payments association) has adopted a new rule to allow same-day [...]
“As long as the numbers are going up, everything looks good to me.” That sentence slapped me in the face during a social media discussion at a conference this summer. So I took it as [...]
In a past article published this spring, I pointed out that there are better alternatives when considering A/LM models for managing Interest Rate Risk (IRR) than the traditional Net Economic Value (NEV) model. In [...]
This is not a simple question to answer; however, William Shakespeare saw it in a different light, because according to him, "That which we call a rose by any other name would smell just as [...]
Over the course of the past 10 years, there have been a half dozen regulations or proposed guidance on overdraft solutions initiated by regulators to build a structure for such programs. Each of these have [...]
At a time when small credit unions are shrinking or even disappearing altogether, tiny RiverTrace Federal Credit Union in Richmond, Va., has found its niche market helping the underserved. Take that, payday lenders. First, the [...]
One of the fastest growing trends in branch strategy is the implementation of cash automation for teller operations. These include new generations of cash dispensers and cash recyclers. There are five reasons commonly cited for [...]
There are plenty of programs on TV about home improvement, and many involve attempting to declutter a really messy house – sometimes extreme hoarding situations. I thought of those shows when a recent article in Forbes [...]
by: Christina Pontisso If you haven’t discovered the difference between a credit union and bank yet – no need to look any farther. Gerri Detweiler from Credit.com explains the top 6 perks you get [...]
As financial technologies become more complex, credit unions must design their business and data models around the member by: Nate Wentzlaff The internet continues to send waves throughout a once calm financial services industry. [...]
strat·e·gy: A plan of action or policy designed to achieve a major or overall aim game plan, plan (of action), action plan The times – they are a changing… and depending on whose statistics [...]
by: Matt Wilhelm The importance of data backup & business continuity can’t be overstated, especially when one of the most common threats to downtime is all around you, moving through your branches and data [...]
The Credit Union National Association recently released the 2015-2016 Environmental Scan. The E-Scan offers insights in 10 primary areas affecting credit unions, including lending, economics, technology and of course marketing. The E-Scan is a must-read [...]
PSCU’s EMV card deployment began in 2011, supporting the movement to adopt EMV technology in the United States, when the CUSO became one of the first in the Credit Union industry to offer plastics [...]
I’m always on the lookout for useful tools. As a department of one, I’m short on time, but have plenty to do. Here are three of my favorite tools: Canva: For designing simple [...]
