Global Women’s Leadership Network as a cross-cultural movement
It’s been over a year since I first joined the Global Women’s Leadership Network (GWLN). I’ve had the pleasure of meeting amazing women and men from credit union systems in the US [...]
News Archives
The branch as differentiator in a changing banking landscape
For decades, community banks and credit unions were the go-to providers of home and auto loans, checking and savings accounts, and other financial services for many consumers. In recent years, though, technological advances have paved [...]
House prepares to consider CUNA-backed MDI, cybersecurity bills
CUNA wrote House leadership this week in support of two bills that are expected to be considered on the House floor in the coming days, the Expanding Opportunities for Minority Depository Institutions Act (H.R. [...]
NAFCU-member CU on 2020 Fed council
Faheem Masood, president and CEO of NAFCU-member ESL Federal Credit Union (Rochester, N.Y.), has been selected to serve on the Federal Reserve's Community Depository Institutions Advisory Council (CDIAC) for 2020. The CDIAC meets twice [...]
Does an increase in first-time homeownership mean trouble for the rental industry?
First-time homeownership is on the rise. According to a recent TransUnion projection, at least 8.3 million first-time homebuyers will enter the mortgage market between 2020 and 2022. That number could reach 9.2 million [...]
Most banks & credit unions are their own worst competition
As challenger brands and big tech muscle in further into financial services, how can banks and credit unions survive the attacks? Frankly, they need to stop focusing on these new rivals — and instead concentrate on [...]
CFPB Fall 2019 Supervisory Report focuses on consumer reporting
On December 9, 2019, the Consumer Financial Protection Bureau (CFPB or bureau) issued its Fall 2019 Supervisory Highlights featuring supervisory observations from recent examinations. This is the second special edition focusing exclusively on furnishing information [...]
Why security awareness matters
For the past several years now, 93% of digital attacks attempt to exploit the human factor, according to a recent study by IBM. People represent the “human factor” in the crosshairs of cyber attackers. The [...]
Man-branding with Manly Bands
My soon-to-be husband and I recently purchased his wedding band through an online store called Manly Bands. “Man branding” isn’t an actual term, but after my interactions with this company, I’m ready to [...]
Cannabis banking, wildfires, and wineries
North Bay Credit Union($71.3M, Santa Rosa, CA) is a small cooperative with a big appetite for risk when it comes to seizing the opportunity to serve emerging needs in its field of membership. [...]
How to stay away from debt in 2020
Have you ever done a Facebook cleanse, where you start removing these “friends” that you don’t talk to anymore or only met one time at a party? It’s an annual activity for me. [...]
Tips to expand & enhance lending in 2020
Borrowers today are educated and technologically savvy. They know what they want, and they want it now! Thanks to technological advancements, financial institutions are often no longer the first stop for consumers with financial needs. [...]
The renaissance of legacy media: Three old school mediums making a comeback
As marketers, we’re continuously stressing the importance of digital media. And while it’s a major component in any solid marketing strategy today, our digital tunnel vision might cause us to abandon former tried-and-true [...]
Make social media work for your credit union
Your credit union is already on social media. And it rocks, right? No? So what’s missing? To clarify, social media is not an end upon itself. It’s part of a larger strategy. For [...]
Turks and Caicos government joins World Council
Turks and Caicos Islands Government has joined World Council of Credit Unions as an associate member to initiate the development and introduction of credit unions to its people. A British Overseas territory with its own [...]