A recent spending report showed a dollar volume growth of 4.2 percent in May. Retail spending saw a 1.7-percent increase, a slight bump from 1.3 percent the previous month. Importantly for issuers, [...]
by. Henry Meier I think Chairman Matz may have gotten a little carried away by the lights of Vegas the other day when she announced fixed asset mandate relief at NAFCU’S convention. I can’[...]
Want to find out how your credit union can: • Provide a free app to your members and the community with 1000’s of mobile ready offers from both national and local merchants. • Generate fee income [...]
Mark McWatters will soon become the newest member of the NCUA Board, having been confirmed by the United States Senate. Having had the opportunity to meet and talk to Mark, I am confident that he [...]
Considering how much law school costs it kills me to admit this, but if you look at how the financial industry is evolving it’s clear to me that the single most important asset of [...]
Succession planning is a super hot topic for credit unions. Every publication you pick up announces another CEO retirement or a key executive moving on. And this is just the beginning. My first CU Insight [...]
by: Steve Fochler When I feel overwhelmed with work, I’ll have this recurring dream that I have a major exam and I haven’t studied or attended class. Furthermore, I’ll even dream that [...]
With clear messaging, CUs can guide members toward what they need. By Sundeep Kapur I still cringe about how my financial institution handled the Target card breach. My first card was cancelled, a new card [...]
by. Keith Leggett The National Credit Union Administration reported that there were 295 problem credit unions at the end of the second quarter of 2014 -- a decline of 11 from the end of the [...]
Unity One Credit Union woos consumers who are sick of excessive fees and high-pressure sales tactics with an outrageous fanny-slapping campaign. by. Bryan Ochalla Last fall, One Nevada Credit Union made a stink with BACON, [...]
by. Tom Donlea The digitization of financial transactions and growth of mobile banking have tremendously increased the amount of information banks need to evaluate for fraud. This presents new challenges to Chief Risk Officers who [...]
by. Henry Meier There are some issues that represent such an important shift in the way the broader financial sector operates that they are important to know about even if they don’t impact credit [...]
According to the Alliance Professional Group, 70% of strategic plans fail. You read that right: 70%. My guess is the number is at least that high in many credit unions. Think of your last (or [...]
When it comes to their marketing, financial institutions are at something of an impasse. The reason for this is they’re undergoing a period of transition. Recent years have not been kind to the finance [...]
I notice more and more credit unions interested in producing a viral video to get noticed by the masses. Harnessing this visual power might seem like an attractive option, but there’s a tall order [...]
