News Archives

E-sign modernization bill would enhance access to online services

E-sign modernization bill would enhance access to online services

CUNA supports that would make modernizations to the Electronic Signatures in Global and National Commerce Act’s provisions regarding requirements to consent to electronic disclosures. The E-Sign Modernization Act of 2020 was introduced Thursday by [...]

NCUA, FI regulators issue guidance on LIBOR transition

NCUA, FI regulators issue guidance on LIBOR transition

Federal financial regulators, including the NCUA, issued an interagency statement Wednesday to highlight risks resulting from the transition away from the London Inter-bank Offered Rate (LIBOR) for consumers and regulated entities. LIBOR is set to [...]

Employee universities for credit unions of all sizes

Employee universities for credit unions of all sizes

A great feature about “employee universities” is that credit unions don’t all have to follow the same blueprint, says Holly Baumel, director of staff development at $620 million Blackhawk Community Credit Union in Janesville, [...]

Three tips for opening during COVID-19

Three tips for opening during COVID-19

States and businesses continue searching for safe ways to reopen while the Covid-19 virus spreads across the country. It’s a stressful endeavor, and one that must be done strategically. If not done well and [...]

Lessons in leadership: Kristy Hesse

Lessons in leadership: Kristy Hesse

Kristy Hesse is the chief human resources officer of Community First Credit Union($3.6B, Appleton, WI), a position she has held since March 2019. Here, she answers Callahan’s leadership questions about her credit [...]

Removal of MBL cap would be ‘boon to small town America’

Removal of MBL cap would be ‘boon to small town America’

Lifting the credit union member business lending (MBL) cap would help small businesses and low-income families disproportionately impacted by the lockdowns, Young Voices’ John Kristof wrote this week on the Foundation for Economic Education site. [...]

NCUA bans 1 from future work in FIs

NCUA bans 1 from future work in FIs

The NCUA in June issued one prohibition order, prohibiting an individual previously associated with a credit union from any future participation in the affairs of a federally-insured financial institution. Violation of a prohibition order is [...]

Is anybody out there?

Is anybody out there?

It may be a cliché, but that doesn’t make it any less true: It is lonely at the top. A sense of isolation isn’t just an issue for newly ascendant CEOs whose relationships [...]

6 technologies transforming the member experience today

6 technologies transforming the member experience today

Amid the COVID-19 crisis, credit unions should continue to incorporate emerging technologies into their business. Ongoing improvements of digital capabilities can empower credit unions to transform their member experience today and thrive well into the [...]