Security is a moving target
by. Henry Meier At the end of WW1 the French built the impenetrable Maginot Line, a series of defenses perfect for the trench warfare that dominated the war. Unfortunately for the French and everyone else, [...]
News Archives
Don’t waste your training
The Dallas Marathon was scheduled for December of last year. I had not run a full marathon in awhile so I decided to enter the event. I began training in August. Yes, August, during the [...]
Backing up my words
Despite the fact I work for a Credit Union and run a good size mortgage CUSO, this blog isn’t about that. It’s about helping Credit Unions become more meaningful to their members through [...]
5 Questions to ask when you’re choosing a technology partner
From the time we take our first quiz in school, we learn that success often requires us to come up with the right answer. Sometimes, however, it's not about the answer. Instead, success can depend [...]
Why fact-based decisions are better than intuition
Over the past several years, credit union leadership has been challenged by regulators to document processes that heretofore had been credited to experience. It is understandable that leaders with successful track records would be frustrated [...]
Full compliance work-up for CUs at NAFCU School
Compliance is an ever-present part of life for modern-day credit unions – and it’s ever-changing as well. Regulatory agencies are constantly updating old rules and proposing new ones, which makes it hard for credit unions [...]
Consumer spending sees growth in December
by Jeff Falk A recent spending report showed a dollar volume growth of 6 percent in December — a substantial jump from the 4 percent growth one month earlier. Meanwhile, credit cards enjoyed a four-month high [...]
How internet-based banks could doom your credit union
By Mark Arnold So, your bank or credit union has a website. You have online banking. You have bill pay, account transfers and maybe even account alerts via text messaging. Congratulations. Here’s a cigar. [...]
Credit unions: Why not you?
BY ANNE LEGG Much has already been said about Seattle’s recent Super Bowl victory and the commitment of players and fans alike. Among several standout moments, quarterback Russell Wilson’s quote from his father [...]
Systems and strategies are needed for financial services firms to succeed
Marketing professionals in the financial services industry face a number of challenges integrating customer data and cross-channel marketing. While banks, credit unions and other financial institutions often have a wealth of data at their fingertips, [...]
Onsite: The 2014 NAFCU Technology and Security conference kicks off
NAFCU’s annual Technology and Security conference kicked off to a full house at Las Vegas’ Planet Hollywood. John Sileo gave the keynote presentation with a very interesting story about security and identity theft. He [...]
FHA makes positive e-signatures change; Free kick; ERM webcast
by Ricardo Piñeres, Regulatory Compliance Counsel With all of the new compliance requirements that have accompanied the start of 2014, it is easy to get trapped in a vortex of negativity. Credit unions are [...]
Becoming a credit union data scientist
by Jonathan Lay Looking back on how we used to operate as a business, many of our decisions were based solely upon gut-level creative decisions. Personally speaking, the majority of the videos I produced were [...]
Credit union executive compensation lessons from baseball free agency
There is a school of thought that says free agency ruined baseball. Adherents argue that players who are becoming free agents will listen to all the offers for their services and ultimately sign with the [...]
Slimming margins, technology and leadership
Anyone with or without a slide rule can see that net interest margins have been getting skinnier over these past 15-20 years. You have noticed this, right? In fact, Credit Union net interest margins have [...]