On the surface, fair lending seems like a simple enough topic. The regulations defining fair lending are not new. There haven’t been any recent changes, nor are there any foreseeable ones coming down the [...]
A good credit union app reaches out to members–and responds to them–at just the right time. by: William Wille, Sponsored by LSC Today’s members value access and have higher expectations than ever [...]
by: Anthony Demangone Every once in a while, you see something that highlights that things have changed. A marker. Like the time I first had a sunburn on top of my head. Ouch. Like the [...]
by: Glenn Christensen Credit union mergers are tough proceedings, both for leaders guiding the process and employees who are anxious over potential outcomes. Employee anxiety can lead to loss of morale, engagement and productivity while [...]
by: Frank Keating A tax exemption that has long outlived its usefulness is not the only arbitrary advantage credit unions enjoy over banks. They also benefit from a compliant federal regulator that often acts like [...]
As check usage declines, mobile RDC is becoming the preferred deposit method for a growing number of credit union members (and bank customers). Financial analyst firm Celent expects RDC to account for a third of [...]
On June 16, Oregon governor Kate Brown signed into law a bill that will permit reasonable [1] compensation for members of state-chartered credit union boards of directors. The new law makes Oregon the 16th state [[...]
With the 2015 World Credit Union Conference behind us there are some very definite themes emerging: Millennials, Disruptors, Regulatory Burden and Stories. Millennials are everywhere. They are the demographic-du-jour. During the Breakout Session “At the [...]
It's that time of year….you’re most likely starting to gear up for your annual Strategic Planning meeting. Perhaps you have everything in place, the venue, an experienced facilitator, an outline of what you’[...]
by: Brandon Kuehl With the march toward EMV chip cards becoming standard in the U.S. payments system going strong, the majority of financial professionals say they believe the technology will be effective in preventing [...]
by: Michelle Singletary During my online chats with readers, I often run out of time trying to answer all of the questions. Recently there was an inquiry I wanted to take some time to address. [...]
by: Michael Christians Today the Consumer Financial Protection Bureau (“CFPB”) issued a final rule delaying the effective date of the Integrated Disclosure Rule (“TRID”) to Saturday, October 3, 2015. A copy of the CFPB’s [...]
by: Henry Meier Consumer lending is about to get even more complicated for all credit unions, especially for those of you who provide loans to members of the military, their spouses and dependents. Yesterday, President [...]
by: Megan Miranda The word “membership” carries layers of meaning, and its connotation is often in the eye (or ear) of the beholder. It can convey a sense of belonging and the kinship that comes [...]
Auto loans are often referred to as the “bread and butter” of many credit unions, which is why Member Loyalty Group recently held a webinar entirely dedicated to sharing relevant data and best practices to [...]
