Now is the time to advance credit union issues
Here at NAFCU, we’re looking forward to our agenda for the remainder of this year and the beginning of 2014. This means finding the best ways to meet our goals of protecting the credit [...]
News Archives
Complianceball: The Art of Winning an Unfair Compliance Game
In the backlash against the misdeeds of large financial institutions that were deemed responsible for much of the economic downturn of the past half decade, the entire financial industry has been saddled with escalating regulatory [...]
Frosted, glazed or plain
Hardly a month goes by without there being another article written about the need for credit unions to focus on Generation Y, the young people of our country who will forge its future. Generation Y [...]
How credit unions can relieve their regulation angst with Howard & Howard’s Steven Van Beek
What's one of the biggest thorns stuck in the side of your credit union today? Without question -- the continuous hot lava flow of regulations hits the top of the list more often than [...]
Leadership and accountability when it matters
by. Lisa Hochgraf In the past, when something would go badly at CUES, retired President/CEO Fred Johnson sometimes would put it into perspective by saying, "Hey, no one shot at you today." Retired army, [...]
How to recruit the right board members for your credit union
by. Howard Bufe At some point in time all of us will be asking ourselves, how can we recruit active, involved board members? A good response to the question is, “How would you like to [...]
A final rule that makes mortgage disclosure better for consumers
Today, we’re issuing the TILA-RESPA final rule. This rule improves the way consumers receive information about mortgage loans, both when they apply and when they’re getting ready to close. Alongside the rule, we’[...]
What is colocation and how does it apply to credit unions?
by. Kirk Drake If you don’t think you can ever get over the idea of not owning your infrastructure or trusting a partner to provide your data center as a service then don’t [...]
Consumer reports takes closer look at prepaid features and fees
by. Konrad Christensen Consumer Reports recently reviewed 26 different prepaid cards and evaluated them based on four different factors. The cards Consumer Reports considered to be the best scored well in each of these four [...]
Another ominous sign for credit union mortgage lending?
According to a new forecast from Freddie Mac, purchase mortgages will account for 79% of originations in 2015. Is that an ominous sign for the future of Credit Union Mortgage Lending? In 2012, the purchase [...]
The branch of “the now”
Enough with the talk of the branch of the future. The branch of the future is something I've been hearing about since I entered the banking industry in 1986. Guess what? Nothing has really changed. [...]
Three biggest mistakes when marketing to women
“OMG – I can shop for a loan in my PJ’s, while drinking wine, so that I can go on a shopping trip with my girlfriends and buy new shoes and eat at nice restaurants [...]
Fall used vehicle market recap
Fall weather has extended into November for most of the country, but expected seasonal declines have already begun for wholesale used vehicle prices. This article will focus on recent reports from two industry experts, Tom [...]
Are you a CEO? The digital credit union may be run by marketing
by. James Robert Lay As I have joked when speaking to credit union leaders around the country, marketing is typically the first thing to get cut when times get tough. But the reality is that [...]
The war to transform credit union web sites from brochureware to e-commerce sites: Project E-branch 2020
by. Jeff Chesky Credit Unions are the only businesses on the planet that get high levels of repeat visitors to their web sites, day in and day out, for free, without ever having to pay [...]