by: Keith Leggett In its risk-based capital proposal, the National Credit Union Administration is proposing to remove the 1.25 percent of risk asset limit on the amount of the allowance for loam and lease [...]
It’s not new; this question has been debated before. I have been called out more than once for defining the credit union space as a movement rather than an industry. I have friends on [...]
In the 21st century it’s imperative that financial institutions understand the nature of technology, branch formation and/or transformation, and service excellence. The problem is many institutions have been caught in the transition. For [...]
"An investment in knowledge pays the best interest." So said Benjamin Franklin, a guy with good judgment, common sense and who also knew a thing or two about human nature and the world in general. [...]
by: Brian Day Research and advisory firm Gartner recently issued a new report highlighting how the growing interest in mobile payments among U.S. consumers will impact online shopping over the next few years. Gartner [...]
by: Anthony Demangone Everyone wants a happy workforce. But achieving that goal is more difficult than it seems. A "hot off the press" study of workplace happiness by Kronos sheds light on what makes people [...]
by: Dan Berger Communications expert and author Stacey Hanke does presentations at various credit unions and trade associations nationwide. In fact, she has presented at NAFCU’s Management and Leadership Institute in the past. Much [...]
by: Sarah Stoner Everyone should be a waiter—or server—at some point in their life. This thought pops up quite often; like a few months ago in Gettysburg, when I was sitting in a [...]
by: Henry Meier This morning’s top headline in the WSJ is sure to get some attention: It breathlessly announces that Apple Pay “Is beset by low-Tech Fraudsters” It goes onto report news that I [...]
Embracing financial education programs leads to many positive returns for credit unions because they're seen as do-gooders in the community. Financial education advocates, like Executive Director Courtney Moran of the Cornerstone Credit Union Foundation, says [...]
You may not want to hear it, but credit unions face a new race. Your typical free checking and modest, interest checking products are tired, boring, and about as compelling as cold oatmeal. There, I [...]
Credit unions have an immediate advantage with women small business owners. All the same reasons why women use credit unions for their personal accounts apply to their business accounts as well - low fees and [...]
LinkedIn is more popular than Twitter. In fact, 28 percent of U.S. adults on the Internet have used LinkedIn, compared to 23 percent who’ve used Twitter. LinkedIn has figured itself out over the [...]
At Ongoing Operations, we facilitate hundreds of credit union tabletop exercises a year. It’s usually a fun day for the facilitator but because so few credit unions diligently set aside time for this critical [...]
Implementing on-the-go banking can serve your members–and your CU. by: Brooke Strohman Have you ever left home without your phone? The fact that it is normally in use makes that hard to do, but [...]
