CUNA announced four keynote speakers for the 2020 CUNA Governmental Affairs Conference (GAC), scheduled for Feb. 23-27 in Washington, D.C. Registration is currently open for the credit union system’s premier advocacy event, which [...]
NAFCU President and CEO Dan Berger, in a letter Thursday, asked CFPB Director and Federal Financial Institutions Examination Council (FFIEC) Chair Kathy Kraninger to provide interagency guidance related to the Gramm-Leach-Bliley Act (GLBA) to help [...]
One absolute in life is that downturns in the economy are inevitable. Currently, the global economy is moving lower into an economic valley that could negatively impact your members—and, therefore, your credit union. If [...]
During his 10 years on the supervisory committee, Tim Goblirsch has seen the committee’s role change from one that merely took in information to a group that is now focused on enterprise risk management [...]
Last month, FinCEN released a strategic analysis of BSA filings regarding elder financial exploitation and it revealed some pretty concerning trends. In the six-ish years between October 2013 and August 2019, FinCEN tracked a 20% [...]
Indirect loans are becoming increasingly popular in the modern lending landscape. While these products can be great for borrowers seeking the best rates and financial institutions hoping to expand their business, indirect lending also creates [...]
When preparing for a new year, it’s always good to assess what went well and what didn’t in the previous 12 months. This exercise helps keep the triumphs on track for further success [...]
Welcome to the CUInsight Minute, sixty seconds from our Publisher & CEO Lauren Culp with the top three of our favorite things from the week. Mentioned this week: Debit cards continue to be one of [...]
The NCUA’s TIP (Trade, Industry or Profession) charter offers credit unions the opportunity to serve a highly specific, narrowly defined group. Rules surrounding the charter are strict, stating this group must share a common [...]
My organization is in the midst of our individual review process. I know the timing of reviews varies from company to company – some do it at the end of the fiscal year, others do it [...]
Since 2010, the total number of banks and credit unions in the United States has dropped by an astounding 31% to only 10,537 financial institutions left. Yet over the past two years, there have [...]
As you’ve probably learned by now, school is expensive. You can imagine the number of financial headaches that come along with choosing to teach as your profession. The average teacher makes around $60K. That’[...]
I love the movies. I relish great storytelling and suspending my disbelief to immerse in another world. Now that she’s getting a bit older, my daughter MacKenzie and I have created a joint hobby [...]
If you are old enough to remember floppy disks, syntax errors, bits and bytes and Dos, you will also remember thinking and wondering why you didn’t get every piece of information that you needed [...]
Our credit union clients with member databases have discovered many of the unintended consequences data-driven decision making has on their senior team, organizational responsibilities and business partners. Using member data as opposed to intuition or [...]
