The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked the end of one wave of problems — and the start of another. After emerging [...]
In today’s digital age, there are multiple ways that we use computer systems to carry out our everyday tasks. From accessing the internet to sending emails, we constantly exhibit new patterns in navigating the [...]
As an advocacy organization, NAFCU works on behalf of our members who have entrusted us with their voice in Washington, D.C. We are a single entity, but our actions represent and defend many – not [...]
A very high-profile credit union faces a leadership and strategic crisis that may derail the organization for decades. Here is the situation I have observed from afar. The retired CEO disagreed with the new CEO’[...]
Welcome to the CUInsight Minute, sixty seconds from our Community and Marketing Coordinator Alyssa Angurio with our favorite reads from the week. Mentioned: Success with succession by MOLLIE BELL, ENT CREDIT UNION In May I [...]
In today’s increasingly mobile world, credit unions must be able to access their security operations platform anywhere, anytime. Having 24x7 visibility into your environment on the go is a game changer; specifically choosing a [...]
According to Webster’s New World Dictionary, legacy means anything handed down from, or as from an ancestor. Merriam Webster’s Dictionary defines legacy as something transmitted by or received from an ancestor or predecessor [...]
The 4,800 credit unions in the USA are missing out on an opportunity to better serve their small- to medium-sized business (SMB) members. With over 140 million Americans as members of credit unions, it [...]
Treasury Secretary Janet Yellen announced Thursday the appointment of Andrea Gacki as director of the Treasury Department’s Financial Crimes Enforcement Network (FinCEN). Gacki presently serves as the Director of the Office of Foreign Assets [...]
The Senate Banking Committee Wednesday advanced to the full chamber President Joe Biden’s three nominations to the Federal Reserve Board of Governors. Philip Jefferson is nominated for Vice Chair of the Federal Reserve Board [...]
Financial institutions across the nation are bearing the brunt of an unstable economy—and liquidity challenges have taken center stage in the minds of industry leaders. With high interest rates and fear of a looming [...]
Every day we speak with community banks and credit unions looking to determine whether business banking is a viable option for them. Many don’t know where to start, how to integrate new business tools [...]
Let’s say people call your bank or credit union for information or with key requests that hinge on data. How quickly can call center employees find that data? For that matter, is their search [...]
The world is becoming more complex by the minute. As this happens, many Boards are stepping back and asking themselves how their role should continue to evolve to best help the organization. Many Boards are [...]
Strategic planning isn’t just a day on the calendar. It’s not something to take lightly or something to do halfheartedly, either. Why? Because good bank or credit union strategic planning is like a [...]
