News Archives

Millennials continue to embrace digital banking

Millennials continue to embrace digital banking

by: Brian Day The relationship between financial institutions (FIs) and consumers is constantly in flux. As more interactions occur online, on mobile devices and in real-time, smart FIs see the potential of these tools to [...]

CFPB clamps down on originator compensation and prepaid cards

CFPB clamps down on originator compensation and prepaid cards

by: Henry Meier The CFPB continued its incredibly frenzied pace yesterday.  In the same day, it proposed federal regulations on prepaid cards and fined Franklin Loan Corporartion, a California-based mortgage banker for illegally compensating its [...]

What not refinancing can cost a member?

What not refinancing can cost a member?

The other day the Wall Street Journal published an interesting article entitled “The Steep Cost of Not Refinancing.” There’s lots of memberlicious nuggets here to take away. The entire article can be found here. [...]

Turn your organization up to 11

Turn your organization up to 11

If you believe innovation and staying ahead are expensive, try and calculate the cost of your organization falling behind. by: Robert L. Dawson It was November 13th, 1950. The cover of Time Magazine featured the [...]

Why your work should include elephant topiaries

Why your work should include elephant topiaries

And fewer WOMBATs. by: Mary Arnold According to Michael Bungay Stanier, there are three kinds of work: bad, good and great. Needless to say, we should try to minimize bad work because it is unproductive, [...]

On flood victims and profits

On flood victims and profits

by: Henry Meier Hurricane Sandy slammed into New York’s coastline on October 29, 2012 and despite the billions of dollars being spent on reconstruction there are still homeowners, some of whom undoubtedly have credit [...]

8 tips for credit unions building employee incentive programs

8 tips for credit unions building employee incentive programs

Here's an 8-step process to develop a successful incentive program — one that improves productivity, increases employee retention and boosts your overall sales culture. by: Jeff Eells and Sean Payant 1. Begin With the End in [...]

Hot off the presses, CardNav debuts at Bethpage FCU

Hot off the presses, CardNav debuts at Bethpage FCU

by: Bill Prichard On October 16, Bethpage Federal Credit Union in Bethpage, N.Y., became the first credit union to launch CardNav by CO-OP – a brand new app that enables members to control their credit [...]