Another great BAI conference has just concluded. BAI held their annual Payments Connect conference in Phoenix AZ. This year’s agenda had industry experts and vendors discussing the latest payments regulations and challenges that financial [...]
by: Ashley Binder A few decades ago, it was fairly common for a person to secure a job immediately following graduation from school and remain with the company until retirement. Those days are gone, and [...]
by: Anthony Demangone I don't recall when I started reading stuff by Chris Brogan. He fires an email into my in-box every week or so. They are always good, but one recently was golden. I'd [...]
Social media presents opportunities for banks and credit unions to generate meaningful connections with customers and members, attract desirable consumers and achieve ongoing business initiatives. With improved targeting, enhanced advertising, compliance support, developments in ROI [...]
It's technology Tuesday here on CUbroadcast and we invited Baxter Credit Union's SVP/CIO Jeff Johnson on the show to talk about the up-and-coming technology standard for our industry: CUFX -- or Credit Union Financial [...]
by: Keith Leggett The National Credit Union Administration (NCUA) reported that credit union profits were up 8 percent for 2014 to $8.8 billion. The return on average assets ratio stood at 80 basis points [...]
“If you’re not being chased by a lion, why would you run?”, a friend recently asked me. It’s a good question. Isn’t that why we developed bicycles, horse-drawn carriages, and cars? There [...]
Members are at the very core of Credit Union identity. Banks have customers, Credit Unions have members. It is no surprise that the topic of “member services” is one of the most important discussions at [...]
In recent years, we’ve seen the financial industry learn and adapt to new government regulations, increased mergers and acquisitions, and a monumental transition in consumer banking behavior. We’ve also observed a transformation of [...]
Whenever I attend a conference and talk with a credit union executive or board member, the first three things they use to describe their credit union are asset size, return on assets and net worth. [...]
Credit unions have every opportunity to stand behind their products and services and deliver, hopefully, better, faster, more immediately, more conveniently, more pervasively than any other financial services provider around. They also have every opportunity [...]
New payments technology doesn’t remove the need to take ‘traditional’ security step. by: Lisa Hochgraf I’ve helped CUES publish a fair bit of information about how Apple Pay will be a key tool [...]
with Mike Lawson After a lengthy review with the NCUA (15 months), the American Consumer Council (ACC) has gained its long-awaited Associational SEG status. So what does this mean for credit unions? Turns out it's [...]
by: Keith Leggett The National Credit Union Administration (NCUA) painted a bleak outlook for small credit unions in its proposal to raise the asset threshold for small entities to $100 million in assets. NCUA described [...]
As the first round of NCUA supervisory stress tests are being completed, NCUA’s capital planning and stress testing rule for the largest credit unions might have you asking if you should be doing capital [...]
