Credit union trade groups have long argued that financial institutions should receive some feedback about how Suspicious Activity Reports (SARs) filed under anti-money laundering laws are used. Now, the Government Accountability Office (GAO) agrees. But [...]
Explore Freddie Mac’s initiatives related to appraisal modernization and eliminating appraisal bias during this in-depth discussion with Scott Reuter, Chief Appraiser and Director of Valuation, Single Family, Mortgage Credit Risk Management, at Freddie Mac. [...]
Listen Up! This is what my elementary school teacher used to tell me to try and get me to pay attention in class. I feel like I need to shout “Listen Up” to our credit [...]
You’ve probably had many a boss in your life, and I’m sure they were all different. There are certainly characteristics that good leaders share, but there are definitely some falsehoods when it comes [...]
Would you embark on strategic planning without an outside consultant? Probably not. It is difficult for leaders to lead a strategic planning session while also being part of it. While most strategic plans are comprehensive [...]
Any overdraft or courtesy pay program these days faces an intense level of scrutiny. On the one hand, you have regulators calling for overdraft reform and increased focus on overdraft practices during exams. The CFPB [...]
Perception is like an optical illusion that, when viewed, can cause a blind spot that tricks our brain into filling in the gaps or making assumptions because it looks like a piece of the image [...]
Kansas credit unions and banks issued a statement of opposition to the interchange bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill. while Marshall was in Kansas recently. Jason Stverak, CUNA’s deputy chief [...]
Representative Blaine Luetkemeyer, R-Mo., has joined the lineup of lawmakers set to address credit unions during NAFCU’s Congressional Caucus, happening September 11-14 in Washington, D.C. Luetkemeyer serves as Ranking Member of the House [...]
Inflation is top of mind for many people. According to our Q2 2022 Consumer Pulse survey, almost all consumers (95%) are worried about inflation. Inflation can have a direct, financial impact to households and can [...]
Marketing during an economic downturn may feel counter-intuitive. Slimy even. How can we ask people to do business with us when they’re trying to pay for groceries? But here’s the truth: you work [...]
Are you one of the 54% of Americans that has life insurance coverage? If you answered 'yes,' congratulations and job well done! You have taken a proactive step in securing the future of your [...]
“We need younger members!” Of course, you do. I always think of the words my salty, old aunt used to use when I was a kid: “Hold out one hand, put the other under your [...]
No matter which news article you tune in to, the world is focused on a single rallying point: Recession. Often followed by talks of ‘Stagflation,’ the fears around early recessionary trends have been picking up [...]
Beleaguered New York City taxi drivers may finally be getting some debt relief from huge taxi medallion loans they took out from financial institutions, including two defunct credit unions. City officials on Tuesday announced a [...]
