4 ways to lighten your wallet
What's the current state of your wallet? I used to use a Day-Timer wallet and that thing was stuffed to capacity. How often have you taken your wallet out of your pocket or purse and [...]
News Archives
2022 finance predictions look cloudy with a chance of pineapples
Cryptocurrencies, inflation, and supply chain shortages? Looking into 2022 finance predictions, all we think about is how will this affect the average American and what are credit unions going to do to help them. Credit [...]
The $400 million reason your credit union needs data governance
It’s not always easy to see the value of data governance when there isn’t an immediate cost savings or cash windfall. But what if you discovered that ineffective data governance could cost your [...]
Members’ financial health will take a hit when student loan payments resume in 2022
The temporary freeze on the $1.6 trillion (and counting) in federal student loans provides much-needed short-term relief to millions of borrowers since March 2020, with 88% of those surveyed saying this relief is critical [...]
NCUA issues letter on third-party digital asset services
NCUA issued a Letter to Credit Unions (21-CU-16) to provide clarity on the already existing authority of federally insured credit unions to establish relationships with third-party providers that offer digital asset services to the members, [...]
New NAFCU Reg Alert details FinCEN’s ANPR on real estate reporting
NAFCU Friday sent members a Regulatory Alert to break down the Financial Crimes Enforcement Network's (FinCEN) advance notice of proposed rulemaking (ANPR) to solicit feedback on requiring certain persons involved in real estate transaction to [...]
Lending Perspectives: Is buy now, pay later a plate of cookies or a lump of coal?
If you haven’t been paying attention to buy now, pay later lending, perhaps the holidays are a perfect time to take notice. In the last few months, there has been a flurry of news [...]
Why you should forget about hiring cybersecurity talent
Hiring these days is a minefield for nearly every sector, but the technology market might just take the cake. The search for cybersecurity professionals, particularly of the entry-level variety, is a serious struggle for IT [...]
Wolters Kluwer survey: Credit unions rank regulatory change as top challenge for 2022
The challenges facing credit unions continue to evolve. Disruption from the pandemic, combined with increasing compliance and reputational risks, are among the top issues keeping lenders up at night, according to the latest research from [...]
Unleash the power of creativity and lead without frontiers
Creativity is the most distinguished quality for every leader in every domain. Creative leaders display distinctly different behaviors, values and characteristics from traditional management, and they get exponential results, inspire creativity in others, build productive [...]
How consumers are driving demand for real-time payments
Consumers’ payment needs have undergone a sea change over the past two years, and access to real-time payments is becoming a requirement that many never knew they had. Homeowners want their mortgage payments to clear [...]
Justice Department to review bank merger rules
The Justice Department on Friday announced it is accepting public comment on whether federal policy governing bank mergers should be updated. Credit union mergers and credit union-bank mergers are not included in the request for [...]
3 things you should cut from your budget in 2022
There are less than two weeks left in 2021, so it’s time to think about the future. When it comes to finances, what would you like to do differently next year? When looking at [...]
Prevention and preparation: Mitigating risk and speeding up recovery from cyber attacks
As ransomware events become a weekly occurrence, we are asked now more than ever before about ways organizations can reduce impact and increase speed of recovery. Unfortunately, it is difficult to avoid a breach and [...]
Start your marketing with your employees
Think back to the last customer service call you made that left you gritting your teeth or groaning in frustration. Now think back to a call where the person on the other end of the [...]