4 key pieces of advice from Warren Buffett
We each have our role models that inspire us to reach for goals and be the best version of ourselves. Among leaders that are most looked up to, Warren Buffett is at the top of [...]
News Archives
The CUInsight Experience podcast: Shruti Miyashiro – Encouraging growth (#93)
Thank you for tuning in to episode 93 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Trellance who is transforming data into [...]
Five steps for creating a commitment to higher common ground
I often hear it said that, as a nation, we’ve never been more divided. I also hear people lament that Government can’t seem to agree on anything that matters, and that we’re [...]
Three lessons sales teams can learn from political campaigns
Try as we might, it seems almost impossible to avoid politics during a presidential election year. As casual observers during these final weeks before election day, we might be able to cope better with the [...]
Now is the time to take advantage of your data
It’s safe to say that the member communications/marketing plans put in place for the first quarter of 2020 have long been forgotten. Since March of this year the Coronavirus has been responsible for [...]
CUNA study cited as key source in CFPB’s TRID assessment
The Consumer Financial Protection Bureau (CPFB) cited CUNA’s Regulation Impact Study in its assessment on the TILA-RESPA Integrated Disclosure (TRID) rule. CUNA also submitted a comment letter in January on the assessment, noting that [...]
NAFCU supporting CUs through timely virtual education opportunities
While much of credit unions' operations have changed amid the coronavirus pandemic, NAFCU's commitment to providing top-notch education and training resources – with the tools and strategies needed to grow and succeed – has remained constant. In [...]
Five problems fintechs help solve
Credit unions have all kinds of problems to solve. They must figure out how to protect their reputations by safeguarding member and organizational data. They must find ways to compete with a whole host of [...]
Watch for these NCUA exam ‘hot spots’
Jared Ihrig, CUNA's chief compliance officer & counsel explored NCUA exam “hot spots” during the 2020 CUNA Operations & Member Experience Council and CUNA Technology Council Virtual Conference. NCUA is focusing on error-resolution requirements, timelines, [...]
Fintechs should sell financial health, not financial services
In the UK, last year’s report on “Consumer Priorities for Open Banking” by Faith Reynolds and Mark Chidley (which is, by the way, an excellent piece of work and well worth reading) set out [...]
Resilience in 2020 shapes strategies for service, growth and retention in 2021
The logistical and economic challenges presented by a business landscape turned upside-down due to a national health crisis that have tested every credit union’s ability to improvise, adapt and overcome to serve members and [...]
House passes updated HEROES Act with CDFI funding, SAFE Banking Act
The House voted Thursday night to pass an updated HEROES Act COVID-19 relief legislation. CUNA wrote to House leadership Wednesday noting areas it supports, specific concerns and additional suggestions. “We appreciate the swift response that [...]
CFPB releases TRID assessment
The CFPB Thursday published an assessment of the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosure (TRID) rule. Of note, the bureau found that TRID has "improved consumers' ability to locate key [...]
Diversity Insight: Do you have CU Pride?
Two years ago, I posted a Facebook photo of my pride Apple watch face with my rainbow pride band. I captioned it, “My watch has a little too much pride. Or is there such a [...]
U.S. auto sales fall 9.7% in Q3, but the news isn’t all bad
DETROIT — In normal times, a 9.7% drop in auto sales would cause executives to sweat profusely. These are not normal times. Instead, the industry sees some good things in the decline of U.S. [...]