When COVID-19 first made its appearance, it affected every part of our lives, including our financial health and well-being. The pandemic also caused a monumental pivot on how we conducted business. The financial industry’s [...]
PenFed’s 2020 Annual Report is a wealth of detail especially in the auditor’s report. Page 53 footnote 9 lists the $542 million net, of property and equipment purchases owned by the credit union. [...]
Having young credit union professionals serve as board members at another, non-competing credit union is a huge win-win-win. The first win is that young professionals learn key skills from board service that they can’t [...]
Despite the advantages of cloud computing, many organizations still choose to keep some of their data, computing power, and services on-premises. Whether to maintain compliance with industry standards, speed up critical data availability close to [...]
As we’ve blogged about previously, Juneteenth (officially known as “Juneteenth National Independence Day”), which is celebrated every year on June 19th, became an official federal holiday when President Biden signed legislation on June 17, [...]
Currency and commerce are two of the surest markers of an advanced civilization. Thousands of years ago, intrepid entrepreneurs toiled and traded their way to wealth by cultivating fields, casting weapons, and creating objects of [...]
Every leader wants to be a good one. In order to be the leader that your team needs you to be, you need to connect with them. Here are three phrases you should use often, [...]
In partnership with CUInsight, we recently hosted the second event in our webinar series Cloud Champions – this one with a focus on CIOs and ways to build a blueprint and gain buy-in for secure cloud [...]
Austrian author and holocaust survivor Viktor Frankl once said, “When we are no longer able to change the situation, we change ourselves.” The global pandemic forced substantial changes in how we live, work and interact [...]
When the Connecticut State Legislature wrapped up its work on the final day of the legislative session in early June, it took a major step towards breaking the crippling cycle of poverty by approving a [...]
Credit unions looking to begin serving small businesses will learn key considerations by attending the new CUNA Serving Small Businesses eSchool Wednesdays, Sept. 1 through 22. “This is a complex space to be in and [...]
President Joe Biden Friday nominated Todd Harper for a six-year term on the NCUA Board. Harper, the board's only Democrat, has served as a board member since April 2019. “NAFCU is consistently engaged with the [...]
As financial institutions look to update their digital strategy, it’s important to remember that outsourcing an entire digital channel or process to a fintech isn’t always necessary. Some financial institutions have partnered with [...]
Ellen Yacovone of Tucson Federal Credit Union($631.9, Tucson, AZ) saw her cooperative’s CUSO sit idle for much of its 20-plus years of existence and she knew it could do more. Now it’[...]
You don’t get to take it with you… You’ve heard that before. But discussions around death, and preparing for it financially, are still strangely taboo for a lot of people. This week on [...]
