The voting period for two contested CUNA Board special election positions has ended. The following individuals have been elected and will take office immediately, to serve for the remainder of their unexpired three-year term. Nader [...]
The NCUA yesterday issued a Letter to Credit Unions instructing credit unions to begin to transition away from using the London Inter-bank Offered Rate (LIBOR) and complete the process no later than Dec. 31, 2021. [...]
At last month’s Hearsay Summit, Director of Content Strategy Gabrielle Levin joined Hannah Bland, Digital Marketing Manager at Aviva Investors and Tim Rickards, Director of Marketing and Client Engagement at Charles Schwab, to discuss [...]
Financial marketers traditionally analyze and segment their customers based on the kinds of measures that census takers and demographers use. They slice and dice data pools by generation, asset holdings, income level, marital status and [...]
When it comes to employee benefits, it's unlikely that your employees would say, "less is more." However, with the rising cost of employee health insurance and other costs involved in recruiting and retaining staff, most [...]
The industry is adapting to a changing economic landscape under the lingering shadow of the COVID-19 pandemic. Credit union balance sheets expanded at record rates over the past year, particularly in deposits and mortgage balances. [...]
Occasionally, the compliance team receives questions about interesting transactions conducted by members and whether a Currency Transaction Report (CTR) is required. Credit unions take their BSA/AML requirements seriously and are sometimes tempted to file [...]
Yesterday was tax day, so a lot of Americans know by now whether they owe the government money or if they have some cash coming back to them. If you're about to enjoy a refund, [...]
Publisher’s Note: CUInsight is hosting a free webinar Wednesday, June 2nd titled, "Building a Successful Social Media Presence to Attract Young People to Your Credit Union". We hope you’ll join us! Register here. [...]
Integrating a second fintech solution meant wish granted for Royal Credit Union Chatbots are an increasingly popular credit union tool. They are a cost-effective, member-friendly way to provide access to transactional and static information 24/[...]
As I speak with bankers across the country who are considering launching cannabis banking programs, I am often asked about BSA/AML risk. Specifically, bankers want to know if they will still need to implement [...]
The Anti-Money Laundering Act of 2020 requires the Government Accountability Office (GAO) to conduct a review of “de-risking” practices in financial services. The U.S. State Department defines de-risking as the phenomenon of financial institutions [...]
NAFCU President and CEO Dan Berger, on Friday, rebuked the American Bankers Association’s latest attempt to mislead congressional leaders and regulators on bank-credit union mergers in a letter to lawmakers. "The ABA continues to [...]
Last month, I shared some ideas on how to increase loan growth. Sharpening your pricing pencil was one I mentioned, but to price correctly, you must be committed to an analytical approach. The COVID-19 pandemic [...]
Real. Vulnerable. Unfiltered. Sounds like the start of a fantastically angsty pop song, but it’s also a stellar way to approach sharing your financial institution’s vision and story. And here to offer her [...]
