Credit unions are generally only allowed to make loans to their members under both state credit union acts and the Federal Credit Union Act (FCU Act). Sometimes questions come up in the context of joint [...]
As March tips off, “tech madness” is ramping up as companies continue their search for the top cybersecurity tools in the market. After all, the key to protecting your network is to make cybersecurity non-negotiable. [...]
The first day of the 2021 CUNA Governmental Affairs Conference might have a been a little different than ever before, but some things felt very familiar. One of those things was seeing Jim Nussle kick [...]
As leaders, we all feel torn right now. We yearn for normalcy and to be able to do what has worked for us previously. That could be the annual planning retreat, regular in-person and virtual [...]
1,000 Songs in Your Pocket. Did you know that Apple wasn’t the first to introduce the MP3 player? The first digital music player was invented by a four-man company out of South Korea, [...]
How does your credit union stay relevant? How do you create distinction? How can you separate from the competition? A simple suggestion and starting point: the Flashlight Metaphor. Let me explain. Consider the following scenario. ([...]
The COVID-19 pandemic has undeniably caused many banks and credit unions to reprioritize “Digital Transformation” to be a top strategic initiative for 2021 and beyond. Over the past few years, financial institutions of all sizes [...]
CUNA hopes a new consumer Financial Protection Bureau (CFPB) director will recognize the unique structure of credit unions and the benefit they provide consumers but CUNA also continues to have concerns over the single director [...]
NAFCU President and CEO Dan Berger recently joined the Leadership Hacker Podcast to discuss his passion for credit union advocacy, approach to member engagement, and top leadership tips. The association is committed to working with [...]
In the words of actress Lauren Bacall, “Standing still is the fastest way of moving backward in a rapidly changing world.” Businesses today face many challenges in their efforts to keep moving forward. One of [...]
Financial well-being for all is an “all-in endeavor” that requires equal parts empathy and strategy, according to panelists participating in the 2021 CUNA Governmental Affairs Conference general session. “It really has to be up and [...]
Affordable housing. For many in America, the very concept feels about as real as a flock of flying pigs. But Frank Furman, COO at PadSplit has some insights into current solutions and future possibilities, specifically [...]
In Part One of this series, we examined the surprising ways the COVID-19 pandemic affected synthetic identity fraud. (For more detailed information, download the report from the Aite Group.) In Part Two, we offer recommendations [...]
The pandemic accelerated the need for faster payments, increasing both consumer demand for alternative payment options and the need for adoption by financial institutions. To illustrate, The Clearing House saw their RTP® network reach grow [...]
When you think about how to make your marketing stand out, it’s tempting to want to use every marketing channel available: social media, outdoor advertising, event sponsorships, direct mail. Marketing platforms will tell you [...]
