The Treasury’s Community Development Financial Institutions (CDFI) Fund announced Tuesday it will delay proposed changes to its certification application to carefully review all public comments. This comes after CUNA, Leagues, credit unions, and joint [...]
The CFPB Tuesday issued a request for information for its biennial report on the state of the consumer credit card market. Relatedly, the bureau is expected to release a proposed rulemaking this month addressing credit [...]
When your consulting practice is built on helping credit unions improve their technology, one of the best things you can do is to learn from your own mistakes, particularly if that makes things better in [...]
No leader's path is the same. But all leaders have certain things in common, authenticity, kindness and honesty just to name a few. Today, Jennifer Pham joins me to discuss her journey from a junior [...]
The banking industry is increasingly leveraging innovations in alternative data to underwrite loans for consumers and small businesses. This can make a significant impact in communities that Minority Depository Institutions (MDIs) and Community Development Financial [...]
For 60 years, the Defense Credit Union Council (DCUC) has continued its role as an industry leader and a core part of the fabric that keeps our military strong and their communities vibrant, a true [...]
How well is you credit union meeting the needs and expectations of bankers in the digital world? Today, credit unions need software that will allow them to compete with the convenience and digital financial products [...]
Super Bowl ads are among the most watched and most memorable television spots every year. When Fox airs Super Bowl LVII on Sunday, February 12, it is expected to attract an estimated 100 million viewers, [...]
Happy Wednesday, compliance pals! I just returned from a long-weekend conference in New Orleans, and I feel a bit carb-loaded from all of the amazing food, but especially the beignets. Now that I’m back [...]
A prospective member enters to apply for a loan or even open a share certificate. To do so, you must help open a membership for them. When asked if they would like to open a [...]
After painfully stubborn inflation over the past year and a likely stagnation in the next, credit unions are preparing for an unsteady 2023. They’re particularly focused on climbing interest rates and a significantly depressed [...]
We are nearing the one year anniversary of Russia’s War with Ukraine and in that time credit union members, employees, and national associations have stepped forward to provide funding that creates or sustains key [...]
As the first quarter 2023 deadline for CECL compliance approaches, credit unions must make a number of choices in how to model their portfolios. CECL is a flexible standard that permits many different methods for [...]
The Federal Communications Commission should terminate the exemption to call authentication requirements of the TRACED Act for non-IP networks or set deadlines for providers to upgrade to IP networks or implement an alternate caller ID [...]
At the American Bar Association’s Consumer Financial Services Committee meeting, which concludes today, NAFCU Senior Regulatory Compliance Counsel Rebecca Tetreau provided insights on Regulation E during one of the event’s sessions. Tetreau has [...]
