Leadership is a balancing act. Almost every quality of great leaders can be overdone, and their opposite can even be needed on occasion (except for integrity). For example, being outspoken is a great quality, but [...]
The unsecured personal loan business continues to boom at the same time that the competitive lineup is shifting. The impact of inflation is not only prompting consumers to seek out unsecured personal loans more frequently [...]
Let’s face it: The month-end close process can be a real pain for your accounting team. With so many tasks to complete, it can be overwhelming to handle everything. And just as soon as [...]
A leader's root system is what makes them the leader they are today. Our root systems tell us what to do, how to react, communicate, and think about things. It's not a choice. It's how [...]
Whether it was the leftover effects of the COVID pandemic, inflation-related factors, or liquidity fears in the economy, small-dollar lending found itself in the limelight once again in 2022. New data from the National Credit [...]
Consumer credit is a hot topic. With new credit products like Buy Now Pay Later (BNPL) hitting the market and the always-evolving impacts of credit reporting, banks need to expertly hone their underwriting to strike [...]
Greetings, compliance folks! I recently had the pleasure of enjoying a road trip from Northern Virginia down to sunny Orlando, Florida – my wife, our two kids and I piled into our car and drove over [...]
Ever since OpenAI released its ChatGPT artificial intelligence (AI) chatbot in November 2022, there’s been growing buzz around the role AI could play in pretty much every aspect of life. Emotions around AI range [...]
Advocacy empowers people and makes their voices count by supporting or promoting a cause or policy. When individuals express their opinions and ideas in public, they have a chance to be heard and make a [...]
As concert season races toward us, I count the days until my first Dave Matthews Band show of the summer with deep anticipation. As with many things in my life, the planning and preparation add [...]
“Demography is destiny.” We can’t be confident in the accepted attribution of this quote to French philosopher Auguste Comte. We can be certain of its implication for volunteer and staff leadership positions within credit [...]
CUNA highlighted the credit union system’s overall health and supported several NCUA-related priorities in a letter to the House Financial Services Committee Tuesday. The letter was sent for the record of the committee’s [...]
NAFCU Senior Vice President of Government Affairs Greg Mesack Monday wrote to Congress to set the record straight on the credit union tax exemption, noting that it allows credit unions “to reach out in areas [...]
$1.9 billion Hughes Federal Credit Union was formed in 1952 in Tucson, Arizona, to serve the financial needs of Hughes Aircraft Company (now Raytheon Missiles & Defense) employees and their families. In 2001, Hughes [...]
There’s a lot of irony in banking institutions’ deposit strategy right now. Some are using what one banker called a “delay and decay” approach. The idea is to hold out on raising rates for [...]
