Even if your credit union had a short-term plan for managing excess liquidity that built up in the early months of the coronavirus pandemic, it’s probably time to consider long-term strategies to bolster income [...]
The Great Recession and COVID-19 each convulsed the American public — but in very different ways. The most obvious is the deaths of hundreds of thousands of people from a pandemic that still rages. But the [...]
Happy November! The year 2020 is drawing to a close. That does, however, leave some burning questions for 2021. No, I’m not talking about the results of tomorrow’s Presidential election. I’m talking [...]
I recently had a discussion with a consultant on emerging issues and regulatory trends surrounding changes in the payments’ frameworks and technology. The changes in this area are coming rapidly—particularly with a younger generation [...]
We’re all aware that 2021 could be a lean year for earnings, given that loan losses are expected to increase, the low rate environment is expected to continue, and the unknowns seem to outnumber [...]
We’re all livin’ on a prayer these days. And those 80’s jams? Yeah, they bring back some memories (or at least some movie-inspired nostalgia for you babies out there.) Regardless, that kind of [...]
Thank you for tuning in to episode 96 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Trellance transforming data into actionable insight [...]
You’re invited to join us November 9-11 for a three-day Road to Recovery webinar series event. The road to recovery starts with your members. Your community is counting on your support to help manage [...]
FIS data shows credit and debit card fraud jumped tremendously since the coronavirus pandemic hit the U.S., as reported in The Wall Street Journal. Credit card fraud was the leading type of identity theft [...]
Worldwide, credit unions have stepped up in the face of COVID-19. In my role with the Worldwide Foundation for Credit Unions, I’m blessed to be connected to a network of global peers who continually [...]
CUNA’s goal is to ensure a fair distribution of the charges for the supervision of credit unions, consistent with the Federal Credit Union Act, for all credit union regardless of charter type. CUNA submitted [...]
The CFPB Thursday issued a final rule to amend its Disclosure of Records and Information Regulation. In response to the bureau's request for comment on the proposed amendments in 2016, NAFCU sought clarification for the [...]
Regulatory compliance monitoring can be automated reliably up to a point. Technology has made it far easier for most credit unions to button down the compliance required around onboarding members and initiating loans, notes Marcus [...]
The coronavirus (COVID-19) pandemic has accelerated both the move from cash to cards, and the use of advanced card technology including contactless cards, central issuance, and instant issuance. But it hasn’t changed the need [...]
As the hemp baking industry continues to grow and stabilize, credit unions need to be kept up-to-date on how to adequately serve legal hemp-related businesses. The National Credit Union Association (NCUA) recently issued a Letter [...]
