Imagine getting new business from a client 25 years after an arduous transaction. Now imagine you received that call without making an overt effort to acquire the business other than simply sending an annual Christmas [...]
Episode 16 of The Global Credit Union Podcast takes a dive into the theme for International Credit Union Day 2022: "Empower Your Financial Future with a Credit Union. The World Council of Credit Unions and [...]
Federal Reserve Gov. Michelle Bowman announced Wednesday that the Fed intends to launch its instant payment network – FedNow – by mid-2023, calling implementation a “high priority.” The Fed described FedNow as a service that will “provide [...]
Like an old vacation photo, computers and other information technology (IT) equipment may become outdated, but their memories never fade. Even printers and data tapes not properly discarded can expose sensitive data such as Social [...]
Credit unions are dedicated to not only serving their members’ financial needs, but to helping their members foster long-term financial wellness. Our guest today, Brian Vannoy, Chief Credit and Risk Officer at Allegacy Federal Credit [...]
For years, decades even, credit unions have asked the seemingly unsolvable question: “What is the best way to market the credit union brand?” For as much as the industry has grown and evolved since the [...]
In the classic movie “Ferris Bueller’s Day Off,” Ferris misses school to go on a series of crazy adventures. During one famous scene, Ferris’ economics teacher takes attendance and repeatedly calls, “Bueller? Bueller? Bueller? [...]
As of March 18, 2022, Nacha’s account validation rule requires ACH originators of WEB entries to use a commercially reasonable fraud detection system to verify the first time a consumer checking account is used [...]
The NCUA should streamline its merger process and defer to state officials, when appropriate, credit union groups told the agency this week. When two federally insured, state-chartered credit unions (FISCUs) merge, the NCUA should simply [...]
Welcome to the CUInsight Minute, sixty seconds from our Publisher & CEO Lauren Culp with our favorite reads from the week. Mentioned: Don’t let them fool you: Interchange legislation hurts CUs and their members. [...]
Starting out, not all employees are fit to lead. And some will never have the desire to do so. But there are some things you can do to develop employees and get them started on [...]
I have yet to meet anyone who loves to floss…and no one less so than my father 🤣. But since we all know it’s important to prevent gum disease and cavities, many of us [...]
You have probably already started to feel it in your local markets. Six months ago, homes were being swept up within hours, or days of being listed, if they hit the market at all. Today, [...]
The Federal Communications Commission (FCC) should avoid imposing excessive restrictions on “non-conversational traffic,” CUNA and other organizations wrote to the FCC Wednesday. The comments were filed in response to a proposal involving methods to target [...]
NAFCU President and CEO Dan Berger Wednesday wrote to the CFPB to highlight new requests regarding Regulation E and the prospect of future guidance on this topic from the bureau. Berger noted that recent reports, [...]
