Take the plunge!
World Council recently issued its 2021 Global Regulatory Update. It is designed to look ahead or prognosticate on what the main regulatory issues will be for credit unions. This year was particularly difficult to compile, [...]
News Archives
Aligning your leadership on your data analytics strategy
Of all the credit unions on a digital transformation journey, the ones led by a team that is excited about the possibilities of analytics have a huge leg up. You can feel the difference. There’[...]
Joint-ownership share accounts final rule
At its February meeting last week, the National Credit Union Administration (NCUA) Board approved a final rule that provides federally insured credit unions (FICUs) with more flexibility in determining when a share account can be [...]
Crushing your 2020 taxes: What’s new & important deductions
Not to be rude and bring up 2020, but before we can put the year fully behind us and move on for good, you’ve got one last task to tackle—filing your 2020 taxes. [...]
Avoiding cracks in your credit union accounting foundation
2020 has been one heck of a year, and credit unions across the country have spent an immense amount of energy and focus trying to serve their member’s needs under the constraints of COVID-19. [...]
Executive recruitment: From Bad News Bears to the big leagues
I love underdogs in sports. Loveable losers. Longshots. When actual victories aren’t at hand, underdogs represent the best qualities—personality, spirit, and gumption. While there are many soul-lifting moments in sports underdog history, allow [...]
A new day for credit union advocacy
America’s credit unions have never been more resilient, and perhaps never more necessary than now. In the past year when Americans faced multiple crises, credit unions had their back, and proved their “People Helping [...]
I’ll just watch the archive later … or will I?
How often do you find yourself saying, “That looks like a great session, I’ll purchase the archive and watch it later.” It sounds like a solid plan, but when it comes down to it, [...]
Regulatory agencies issue statement on supervisory practices in wake of Texas storms
NCUA, The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the state regulators, collectively the agencies, recognize the serious impact of [...]
NAFCU’s Hunt goes to bat for CU advocacy in new op-ed
"New political winds are blowing in our nation's capital and NAFCU is adjusting its sails to propel our advocacy efforts forward," said NAFCU’s Carrie Hunt in a new Credit Union Times op-ed. "With change [...]
Good Governance: Is virtual board work here to stay?
By mid-March 2020, most businesses had moved as much of their operations as possible to be remote—and board meetings were no exception. Whether board members were prepared or not, they had to adjust to [...]
Emanuel: Democrats are focused
Although the presidential election was close, political insider Rahm Emanuel is confident that, with a new makeup, Congress can find bipartisanship on more issues that can move the economy forward. "There’s a number of [...]
Managing finances after divorce
Anyone who’s been through a divorce knows it’s difficult and can feel overwhelming. While taking care of yourself mentally and emotionally is a top priority, here are some considerations to make the financial [...]
Synthetic identity fraud, Part One: These numbers will surprise you
Fraud prevention professionals were blindsided by the COVID-19 pandemic. Nothing could have prepared them for governments and businesses suddenly needing to deliver products and services through digital channels at scale. Of immediate concern was the [...]
Are credit unions sustainable in today’s economy?
The term “dumpster fire” has become part of the daily lexicon of many credit unions, but how did we get here? Yes, there’s COVID-19, but let’s be honest. While we may like to [...]