The choice: Do you want to be someone OR do something?
When serving in the United States Air Force, I read many of the books found on the Air Force Chief of Staff’s Annual Reading List. It’s a great source for the latest in [...]
News Archives
Craft a robust credit union strategy in a changing landscape
Strategic planning season is fast approaching. A recent Credit Union National Association survey of CUNA Environmental Scan purchasers revealed that 50% of credit union leaders expect their strategic planning sessions to take place between August [...]
How – and why – credit unions should slow the rush to the best rate
Credit unions' deposit negotiation skills have atrophied during the past 15 years. Now, rates and competition apply pressure on staff through depositors who are engaging branches and contact centers looking for high yields and short [...]
Basel committee meets on market developments, risks, and policy and supervisory initiatives
On June 6, 2023, the Basel Committee on Banking Supervision followed up on its meeting in Hong Kong in March and met to further discuss recent financial and market developments, global banking system risks, and [...]
Is it time to evaluate your overdraft program disclosures?
Similar to skipping annual doctor and dentist checkups, putting off regular overdraft program disclosure evaluations until the next rule change or updated guidance can result in major and costly problems. It’s nearly always easier [...]
US government agencies hit in global cyberattack
Several US federal government agencies have been hit in a global cyberattack that exploits a vulnerability in widely used software, according to a top US cybersecurity agency. The US Cybersecurity and Infrastructure Security Agency “is [...]
What is regulatory change management at financial institutions?
Regulatory change management is the process financial institutions use to identify, evaluate, and implement new or amended rules and regulations. It’s designed to create an efficient, repeatable process that helps these institutions understand how [...]
Inside marketing: Ride the digital wave for a seamless member experience this summer
Digital service and temperatures are heating up as credit unions leverage technology to provide their members with seamless banking experiences to match the sunny vibes of the season. From mobile banking apps that allow easy [...]
Overdraft, credit card late fees on NCUA, CFPB rulemaking agendas
Federal agencies, including the NCUA and CFPB, have released their spring 2023 regulatory agendas. There are several NAFCU and credit union advocacy priorities included among the items, some of which have previously been introduced or [...]
Boosting employee benefits: Why HRAs are a smart choice
Taking care of employees is crucial for attracting and retaining top-tier talent. A progressive company culture, competitive salaries, and traditional benefits will always be a strong foundation for a great workplace. But if there’s [...]
CUNA economics: ‘Encouraging’ May CPI report
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s May Consumer Price Index (CPI) Report: “The headline CPI increased 4% over the last twelve months in May, down [...]
Get essential credit union training. Summer savings begin now!
You yearn to make your credit union the best that it can be. It can be a challenge. That’s where NAFCU (National Association of Federally-Insured Credit Unions) comes in. NAFCU strongly believes in doing [...]
The vitality of in-person gatherings for remote teams
In today's digital age, remote work has become an integral part of our professional landscape. It offers countless benefits, from increased flexibility to expanded talent pools. However, as one the co-founders of CUInsight (that has [...]
Merge earlier, you jerk!
You’re driving down the interstate highway at 75 miles per hour trying to get home. You’re making good time, and you’ll be home soon. No, wait. You’re slowing down. You see [...]
Credit union advocacy paramount to navigating the next crisis
All the financial uncertainty and volatility of the past several months has presented a tremendous opportunity for the credit union voice. Our message to members, communities, and policymakers is one of service and security when [...]