When a company or organization dies, one commonality among the majority is comfort. As I type this, I’m mighty comfy sitting in my plant room in my vintage Woodard rocking chair overlooking my garden. [...]
Economic headwinds keep mounting as fears of a looming recession grow stronger. The blockbuster June CPI report that put inflation at 9.1% blew the doors off economists’ best previous estimates and sent shockwaves through [...]
Digital advertising is a given for any business in the world today, but how can credit unions connect the right products to their existing members and grow their member base? Today’s guest Michael Hostetler, [...]
As rare as it is in baseball, the Triple Play is the new power play for credit unions competing with big-pocketed banks. It delivers greater home team advantage to credit unions by allowing them to [...]
Known for their member-centric approach, credit unions have a long-standing reputation for transparency, fairness and their fierce commitment to doing what’s right for their members. This reputation is rarely disputed, but it doesn’t [...]
I have no business being in marketing. I didn’t go to college to study marketing. I was a serving wench at a fish-n-chips restaurant all through high school. And when I graduated, I got [...]
Being an HR Executive during the pandemic and the subsequent “great resignation” has been a crazy journey, to say the least. I have learned more about HR law than in any years previous because of [...]
When inflation hits, expense reduction is often at the forefront. CEOs and executive teams may consider reducing headcount or choose not to replace open positions. Leaders may focus on process improvement, cut back on professional [...]
The current safe harbor for late fees should remain in place, as any changes would have significant adverse impact on smaller financial institutions and consumers, CUNA wrote to the Consumer Financial Protection Bureau (CFPB) Monday. [...]
NAFCU is currently seeking credit union feedback on a variety of key issues, including lending and liquidity conditions, regulatory burdens, and strategic challenges. The association will share results of the survey directly with Federal Reserve [...]
How CUs will play in a cryptocurrency future is unclear but a major topic of conversation these days, reports David Pierce, CIE, CIO of $3.8 billion Canvas CU, Lone Tree, Colorado. “It’s something [...]
Members of Generation Z – the demographic born between 1995 and 2015 – are now beginning to more fully explore financial services for themselves. As they embrace the financial system, Gen Z, like generations before, will begin [...]
In this episode, we are joined by Mike Umscheid, CEO of ARCSys. Mike is an expert in everything CECL and will be touching on what CECL means for Troubled Debt Restructuring (TDR). There have been [...]
It’s no secret. Our credit union boards are changing. We know about the Great Resignation, the ecosystem pushing people to reconsider all aspects of their personal and work lives, including board service. There are [...]
The Basel Committee’s recent release of its High-level Considerations on Proportionality is cause to celebrate for credit unions. While the Basel III Framework always had proportionality built into the standard, we have often observed [...]
