The credit union regulatory environment is intended to provide safety and soundness to a movement that has nearly $2 trillion in assets and more than 125 million member-owners. For credit union leaders, compliance is a [...]
Did you know that most homeowners insurance policies don’t cover damage caused by floods? If you live in a high-risk flood area, most mortgage lenders will require you to purchase flood insurance through FEMA’[...]
Last week, the Financial Crimes Enforcement Network (FinCEN) issued their very first national priorities for Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) policy, as required in the Anti-Money Laundering Act (AMLA) of [...]
A number of years back, there was a movie titled “The Perfect Storm,” which told the story of a fishing vessel that was caught in the middle of a disastrous storm created when a number [...]
Of all the major decisions that loom in the wake of a credit union merger, perhaps none is fraught with more political and interpersonal ramifications than what the board of directors should look like after [...]
With nearly four decades in the construction industry, Tom Kennedy has seen a lot, done a lot and guided clients and institutions through both times of recession and major construction booms. As President of La [...]
Flexible work is the doom of work. With businesses all over the world asking their employees to work from home, remote work has become the new standard for global businesses. Some of the advantages of [...]
Connecticut’s “Baby Bonds” bill, which was approved by both Houses of the General Assembly and signed by the governor last month, will help the state take a major step towards breaking the cycle of [...]
Total vehicle sales fell from 17 million annualized units to 15.4 million annualized units in June, with monthly sales levels up 18 percent year over year. NAFCU Chief Economist and Vice President of Research [...]
Tim Sanders wrote about the importance of increasing your organization’s “likeability factor” in his book by the same name. In the book, he writes, “Our nation is so focused on efficiency and productivity that [...]
Diversity, equity and inclusion (DEI) is a complex movement that, in many ways, is bigger than us, and we are constantly acquiring new information that challenges our assumptions and helps guide us forward. To highlight [...]
At the beginning of 2020, because of the COVID-19 pandemic, credit unions along with the rest of the world, saw threats to safety and soundness. Not only financial safety and soundness but threats to physical [...]
Chief Product Officer and Head of Customer Experience and Digital for Chase, Allison Beer, stated in a recent article that personalization is one of the top primary trends for 2021 in banking, among automation and [...]
With the growth of legal medical and recreational cannabis programs across the U.S., a well-developed playbook has emerged which can help financial institutions bank the cannabis industry more efficiently and effectively. A key component [...]
Our Design Directory Jenny Bengeult joins Kelly Hellickson and Hilary Reed at EmpowerFion their podcast The Speakeasy for a series of three episodes on credit union trends relative to employees, brand, and workplaces. In the [...]
