How’s your culture of compliance?
As 2019 winds down, it might not be a bad idea to review whether your credit union promotes what the Financial Crimes Enforcement Network (FinCEN) refers to as a “culture of compliance.” Although it is [...]
As 2019 winds down, it might not be a bad idea to review whether your credit union promotes what the Financial Crimes Enforcement Network (FinCEN) refers to as a “culture of compliance.” Although it is [...]
Robust technology is no longer a luxury for a credit union that intends to survive, much less thrive. Managing that part of the enterprise can be daunting to a chief executive, but that doesn’t [...]
More than five years ago, CUNA Mutual Group recognized the importance of investing in diversity, equity and inclusion (DE&I). So much so, in fact, that we made it one of our core values [...]
Life can be unpredictable. It can be downright hard. Sometimes people get sideswiped so badly, they can’t quite recover. Imagine having bill after bill and no way to pay them. No one wants to [...]
This is the second in a series of five articles regarding the SPECS model which Goldman Consulting & Strategy (GCS) identified to aid and guide credit union leaders in their overall organizational strategy. As a [...]
I was raised poor. Not poorly, mind you, just poor. And I’m grateful for it. My parents grew up during the Great Depression of the 1930’s, and spent their formative years in rural [...]
While CUNA supports aspects of NCUA’s proposed budget, particularly the transparency of the process, CUNA did raise several concerns in its comment letter submitted to the agency Monday. CUNA’s letter follows its presentation [...]
Following several questions from members on how to handle unauthorized use claims when a mobile payment app was used to facilitate a transaction, NAFCU's Compliance and Regulatory Affairs Teams are seeking feedback from credit unions [...]
As credit unions search for cash to fuel important initiatives like recruiting talent, boosting salaries and investing in new technology, larger organizations may find an unlikely source: their own spending on employee healthcare. According to [...]
PenFed, the nation’s third-largest credit union, announced Monday a partnership to buy solar loans from Loanpal as part of its strategy to expanding its portfolio of unsecured loans. PenFed’s VP of lending, Jay [...]
“I never look at deals as one deal. I look at them as a gateway to many more.” – Steve Gold, Real Estate Broker and Million Dollar Listing New York cast member This quote is more [...]
Thinking and conversing about your own death can be difficult to do, but working through the process is just as important as planning for life’s other milestones — going to college, building a family and [...]
So much has changed in social media in the last few years. That’s especially true of some of the old favorites, such as Facebook and Instagram. There’s no shame in looking for a [...]
The much anticipated moves by big tech firms into banking took center stage in 2019. Apple partnered with Goldman Sachs to offer a no-fee credit card embedded in the Apple Pay mobile wallet. Later, Google [...]
They’re among the most career-boosting certifications you can earn in your professional career: the award-winning NAFCU Certified Compliance Officer (NCCO) designation and the NAFCU Certified Bank Secrecy Officer (NCBSO) designation. Here’s how to [...]