News Archives

What is fair and not fair when it comes to lending?

by: Mike Tanner In the past, fair lending and redlining were terms you only heard about when mortgage lending was discussed.  Financial institutions simply needed to gather the required information for the Home Mortgage Disclosure [...]

5 new regulations that all credit unions need to be aware of

5 new regulations that all credit unions need to be aware of

It’s never easy to overhaul a time-honored practice, even if that convention might be flawed and the solution promises to reduce paperwork for all parties involved. Case in point: The Consumer Financial Protection Bureau’[...]

Making data adoption easy for credit unions

Making data adoption easy for credit unions

by: Martin Webster Google has a tool that allows you to export all of the information it has about you: websites visited, YouTube videos watched, photos, emails, profile information, and much more. I thought I’[...]

Gain strategic clarity for your credit union

Gain strategic clarity for your credit union

As fall strategic planning sessions approach, try this approach to remove any distracting ‘shiny objects.’ by: Jeff Rendel, CSP If “shiny object syndrome” is distracting your credit union from discerning its true goals, here’s [...]

Marketers, don’t let legal write your website copy

by: Joe Swatek A visit to a financial institution’s website reminded me how too often website copy is composed by people who know nothing about good marketing practices. Your website is a high-profile marketing [...]

You could be missing big credit union money giveaways

You could be missing big credit union money giveaways

by: Gina Ragusa Did you know that making a quick $100 or earning a free and clear gift card is as easy as checking your credit union’s website, blog or social media page? Especially [...]

A modern day Greek tragedy

A modern day Greek tragedy

by: Henry Meier Remember those Greek tragedies we all had to read in High School? The basic plot lines always had the protagonist with a fatal personality flaw, which he didn’t recognize until he [...]

Mobile banking app helps in-branch onboarding

Mobile banking app helps in-branch onboarding

Using the photo functionality on a mobile device has been found to improve the accuracy and customer experience for mobile account opening, thereby reducing new account opening abandonment. This same functionality can also improve the [...]

Go bank free this summer: 5 banking alternatives

Go bank free this summer: 5 banking alternatives

by: Petter G. Miller and Karen Lawson Are you fed up with your bank helping itself to your hard-earned money by charging excessive fees? More and more Americans are ditching their banks for alternative financial [...]