Crack the code
In the credit union industry, fiscal responsibility to members is a big deal. So is the member experience. For these reasons, many credit unions are caught between pursuing a business goal and being paralyzed by [...]
News Archives
Why access rights management is key to implementing an effective CU cybersecurity strategy
According to global business research firm IGI Global, Access Rights Management (ARM) is: “The process of assigning digital rights to users which can then be used in conjunction with an access control system (ACS) to [...]
Branding your identity: Understanding what makes you unique to your members
As credit union marketers, we all go through the branding process, whether it’s already been pre-established or in real need of a refresh. A strong brand identity is key both within an organization and [...]
Building your work-place “dream team”
Creating a vision of greatness for your credit union starts with your most important asset - your people! Their attitudes, productivity and climate in which they work and how well they are lead and managed [...]
Global credit union membership surpasses 375 million
Improved supervision and data reporting in the world’s second-most populous country combined with continued growth across the globe resulted in a 29% year-to-year increase in international credit union membership, according to World Council of [...]
Berger asks Bureau to revisit section 1071 proposed rule data collection projections in light of potential SBA direct lending program
NAFCU President and CEO Dan Berger Monday wrote to CFPB Director Rohit Chopra to address the Bureau's proposed rule to implement changes made by section 1071 of the Dodd-Frank Act and its likely effects as [...]
The poor, misunderstood data center of excellence
The phrase “data center of excellence” has been known to strike fear in the hearts of many. That’s because it conjures up nightmarish visions of the most dreaded of analytics maturity projects—data governance. [...]
The journey to CLO
The path toward becoming a chief lending officer (CLO)—no matter where you start—begins with realizing and vocalizing your intentions. “If you’re looking to make the climb, you need to communicate and be [...]
The beginning of the end for overdraft fees — what’s next?
In a time of rising consumer awareness, increasing competition and political and regulatory scrutiny, overdraft charges are casting some financial institutions as villains, even if they complying with Reg E or other applicable regulations. A [...]
The essential software development toolkit for your payments program
If you’ve ever worked with a payments product development team, you may have heard the term SDK technology. SDK stands for software development kit. In simple terms, it is a set of tools, programs, [...]
Exit Interview: Doug Fecher, Wright-Patt Credit Union
Exit Interview is a new series from CreditUnions.com that shares the insight and experience of credit union executives who are retiring after many years of service to the movement. Doug Fecher left high school [...]
Benchmark your way to consistent peak performance
Low rates and high market unpredictability will continue to present investment challenges in the upcoming year. Those conditions will make 2022 financial planning an exercise in futility if your credit union fails to construct appropriate [...]
Gen Z’s three financial trend predictions for 2022
Publisher’s Note: CUInsight is hosting a free webinar Wednesday, November 3rd titled, "Gen Z’s Three Financial Trend Predictions For 2022." We hope you’ll join us! Register here. NFTs An NFT (Non-fungible token) [...]
USAA’s focus on key result areas produced results
When I was CEO of USAA Bank, General McDermott, the CEO of USAA, encouraged us to focus on Key Result Areas (“KRAs”) to help us prioritize strategic investments that we made in our businesses, and [...]
5 benefits of procurement automation in credit unions
Throughout the past few years, financial institutions have been focused on digital transformation and bringing innovation to their systems with the help of technology. Credit unions are unique in the financial service industry due to [...]