The credit union sector continues its professionalization and expansion with another win in Washington state, where Governor Jay Inslee just signed a bill allowing credit unions in that state to accept unlimited public deposits starting [...]
NCUA should finalize pending rulemakings aimed at providing credit unions regulatory relief as soon as possible, CUNA President/CEO Jim Nussle wrote members of the NCUA board Thursday. Nussle also thanked NCUA for the steps [...]
A new report from the Federal Reserve Bank of New York found that credit card balances saw the second largest quarterly decline in history, falling $49 billion during the first quarter of 2021. The Quarterly [...]
All signs show that the U.S. economy is emerging from the never-before-seen domestic and global economic shutdown caused by the COVID-19 pandemic. Signs of Recovery The U.S. gross domestic product grew at 6.[...]
Small businesses are often characterized as too small and too simple to want, need or understand the potential benefits of Treasury Management™ products applied to their business. However, the pandemic has caused many small businesses [...]
We’re discussing the various impacts of CECL on loan pool purchases and how those loans fit into a CECL model. We’ll explore how your credit union can determine credit deterioration when purchasing a [...]
Your content marketing efforts can either accelerate your growth, or they can be part of what causing consumers’ collective eyes to glaze over when they come across your credit union’s or bank’s content, [...]
Some days, you feel very productive. Some days, you just don't. We’ve all been there. Here are three tips to feel more productive when you're not feeling at your best… Ditch distractions: In the [...]
With so many of us transitioning from in-person to online activities, new opportunities arose for cybercriminals to exploit the changing circumstances. The FTC received over 1.3M fraud reports in Q1-Q3 of 2020, resulting in [...]
In a world full of adversity, there is much to be said about the knowledge and strength it takes to overcome setbacks on an individual and organizational level. The cybersecurity landscape is constantly changing, and [...]
On a recent road trip, my daughter MacKenzie asked to stop to use the restroom. I pulled over in the small town, Truth or Consequences, NM, (“T or C” as the locals call it) and, [...]
The National Credit Union Foundation is now seeking nominations for the 2022 Wegner Awards, looking to the credit union movement to nominate individuals and organizations for the 33rd annual Herb Wegner Memorial Awards to be [...]
The Senate Tuesday approved a resolution to overturn the Office of the Comptroller of the Currency's true lender rule using the Congressional Review Act (CRA). The resolution now heads to the House for consideration. Under [...]
One of the challenges I faced when I was first promoted to a management role was managing a co-worker who, up until my promotion, was a peer. Although she was supportive, it was uncomfortable and [...]
First Financial of Maryland Federal Credit Union ($1.2B, Sparks, MD) has been developing young people and the schools they attend for nearly 20 years. Cindy Jones has been an integral part of that effort. [...]
