Inflation and how it impacts your credit union
Things have been good economically for so long it’s hard to imagine a time when they weren’t. Even in the face of a devastating global pandemic, asset prices performed well and delinquencies and [...]
News Archives
Enabling credit unions with AI
On February 1, a panel discussion was conducted addressing the topic of how credit unions can empower themselves with AI and be successful in their journey, hosted by Neuton.AI. It’s extremely vital for [...]
Mabuhay Credit Union: An innovation in action
Two years ago, I started my Filene i3 journey. I am learning about innovation, how to create it, implement it, considerations that are necessary for a successful launch, and how to present to get buy-in. [...]
CISA issues alerts relating to Russian cyberthreats, Ukraine cyber incidents
The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) issued two alerts addressing risks from Russian State-Sponsored cyber threats and highlighting recent malicious cyber incidents suffered by public and private [...]
NAFCU to HFSC: Ensure CUs are included in foundational digital asset reg framework
In a letter sent ahead of the House Financial Services Committee hearing to review the President's Working Group (PWG) on Financial Markets' report on stablecoins, NAFCU's Brad Thaler explained that the absence of a clear [...]
Simply increasing staff diversity doesn’t equal more top black leaders
According to a report by McKinsey & Company, while “companies have successfully hired Black employees into frontline and entry-level jobs, there is a significant drop-off in representation at management levels.” And though a percentage of [...]
Do this quick HR audit during the current staffing disruption
The past couple of years have been incredibly stressful and chaotic for most business leaders. If you’re like many, you’ve been on autopilot and in survival mode. In fact, you’ve been so [...]
3 ways to get help filing your taxes for free (and 1 way to get a discount)
For most people, filing their annual tax return is a time of worry and dread, where concern about how much you might owe the IRS is overshadowed only by the fear of the bureaucratic nightmare [...]
American Express launches its first digital-checking account for rewards-hungry consumers
American Express, known for its array of perks-laden cards, is jumping into the highly competitive arena of digital-checking accounts. The company on Tuesday launched Amex Rewards Checking to its U.S. customers. Any non-business card [...]
Overdraft scrutiny continues to intensify: The need for change is essential
Regulators and competitive pressures continue to intensify in the world of overdraft (OD). In early December 2021, the Consumer Financial Protection Bureau (CFPB) announced it would be “enhancing its supervisory and enforcement scrutiny of banks [...]
NCUA modernizes service facility definition in chartering & FOM manual
On November 18 of last year, the Board of the National Credit Union Administration (NCUA) issued a final rule to amend the definition of a “service facility” relating to federal multiple common bond credit unions [...]
Here’s how you can give back to your board
Your credit union board is hardworking. They draw no salary. They may not all have a financial background. But they’re 120% dedicated to making your credit union succeed. Show them your appreciation by sending [...]
Black history is our history – Reshaping our perceptions about Black History Month
Every year during the month of February, we celebrate the innumerable contributions of African Americans in the United States. It’s a joyous time and one that is well-deserved, particularly for a people who suffered ([...]
Master the future of leadership to master the future of work
What if we admit that leadership—at least the way it is traditionally practiced in organizations—is showing stress fractures (and potentially completely broken)? What if we acknowledge that that strict hierarchies, inflexible goals, and [...]
The real tragedy of Romeo and Juliet
February has long been a month focused on love. It’s the time of year where we remember what made us fall in love with the special people in our lives (even if they were [...]