On April 5, 2021, the Financial Crimes Enforcement Network (FinCEN) issued an Advanced Notice of Proposed Rulemaking (ANPRM). This ANPRM mostly seeks comments regarding how FinCEN can implement provisions of the Corporate Transparency Act (CTA), [...]
The most efficient tax refund is the one that doesn't need to be sent. Overpaying your taxes means the IRS holds some of your money interest-free until they get around to returning it via a [...]
Among CEOs, Bill Bynum has carved out a reputation of staying true to the credit union mission. He began his career helping to establish North Carolina-based Self Help Credit Union, a pioneer in programs targeting [...]
Private label cards are starting to see a large comeback because of the ongoing COVID-19 pandemic. Many merchants, specifically retailers, have shifted their focus to these cards and by extension, are developing their own loyalty [...]
Since the inception of the Credit Union House Hall of Leaders in 2008, over 170 individuals from 41 states have been inducted into - what I consider to be - our industry’s “Hall of [...]
We’ve all had a year to dream about what we’ll do post-pandemic. Most of us are now starting to get those dreams put to paper. We are dusting off the travel rewards credit [...]
Whether it’s used medically or recreationally, the taboo of cannabis consumption is fading at a dramatic pace. More than 40% of the American population lives in a state where cannabis is legal for recreational [...]
NCUA released its Office of Minority and Women Inclusion (OMWI) annual report Wednesday detailing the agency’s progress in 2020 in advancing diversity, equity, and inclusion in its workforce. The report also highlights the agency’[...]
Ahead of NAFCU's congressional testimony tomorrow on the risks of fintech chartering, NAFCU President and CEO Dan Berger joined Fox Business Reporter Charlie Gasparino to discuss the issue on The Claman Countdown. Gasparino asked Berger [...]
As a leadership consultant and success coach, I believe that habits are an important element of leadership success. Our daily practices are what support our focus, results and growth, allowing us to be at our [...]
Earlier this year, we took a look at what to expect from newly-minted NCUA Chairman Todd Harper. Now, we turn our attention to Rohit Chopra, President Biden’s pick to head the Consumer Financial Protection [...]
There are many reasons to include a service agreement with the purchase of a document or check scanner from USC. Read them below!
According to the 2021 update of “Non-Qualified Executive Benefits: A Guide for Credit Union Leadership,” the growth of split-dollar life insurance arrangements has outpaced that of other standard components of supplemental executive benefits packages. And [...]
IH Mississippi Valley Credit Union ($1.7B, Moline, IL) is helping members achieve financial health and wellness by focusing on the organization first, then reaching out to its circles of stakeholders. Executing on that philosophy [...]
’m sure you have moved to a new town or started a new job at one time or another. At first, you might not have trusted everyone with open arms. Maybe you had to develop [...]
