Cracking the code on executive recruiting
I was clueless the first time I spoke to an executive recruiter. In my mid-20s, I was fortunate to have a job that connected me well to industry leaders. When a recruiter called to ask [...]
News Archives
The “Social Network” beckons to the “Financial Network”
"Dateline November 13, 2019 SAN FRANCISO (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc ([...]
3 steps your credit union can take to advance financial well-being for people with disabilities
The credit union system has been talking about diversity, equity, and inclusion as a shared credit union principle. For example, the Credit Union National Association (CUNA) is looking to work with the International Co-operative Alliance [...]
44 CU professionals earn designation as Certified Credit Union Internal Auditors
Forty-four credit union professionals earned their Certified Credit Union Internal Auditor (CCUIA) designations after attending CUNA & ACUIA Internal Audit Certification School. These designees have successfully demonstrated their mastery of core auditing competencies. “This school [...]
NAFCU predicts more ‘modest’ growth as existing-home sales rise in October
Existing-home sales rose 1.9 percent in October to a seasonally adjusted annual rate of 5.5 million units, with sales decreasing only in the West region. NAFCU Chief Economist and Vice President of Research [...]
On Compliance: NCUA fidelity bond rule changes
As we all know in credit union land, the Great Recession marked big changes in the National Credit Union Administration’s perspective on the responsibilities of credit union directors for the oversight and management of [...]
‘Follow the money’
Among the fastest growing drivers of money laundering is synthetic fraud, says Sue Landauer, who spoke at the 2019 CUNA BSA/AML Certification Conference with NASCUS in Tempe, Ariz. While synthetic fraud isn’t new, [...]
Check fraud remains pervasive with new scam channels evolving
Despite a steady drop of checks in circulation, check fraud remains stubbornly pervasive. The expansion of deposit channels – including mobile and remote-deposit capture – has made preventing fraud more difficult. High Point, N.C.-based Advanced [...]
Investment strategies for hiring
The hiring process is a difficult one. Certain skills and knowledge are required for each position, and candidates must also be a culture fit. Leaders of organizations need to have an effective hiring strategy in [...]
3 ways management can help boost sales at your financial institution
While interest margins have improved this year, up 7 basis points from 3Q 2019, according to creditunions.com1, financial institutions are still in a position that requires them to create revenue streams beyond lending. However, [...]
The next level of technology in project management
We’re grateful to our clients for helping us lead the way in the effective use of project management technology. They’ve worked along side us on projects as we developed new processes for communication, [...]
Racing to serve the unbanked could have huge payoffs
Credit unions and small community banks are facing competition in one of the most unexpected banking spaces – the unbanked. Forbes.com just released a report about startup companies racing to deliver basic financial services to [...]
CFPB issues interpretive rule clarifying loan originator screening requirements
Greetings Compliance Friends! I’d like to start off today’s blog with a brief scenario: ABC Credit Union is seeking to expand its staff of loan originators to accommodate an uptick in loan applications. [...]
A quick look at SEO
You’ve used Google and seen it return thousands of hits. There are endless pages of content based on what you typed into the search bar. Think of the first page. Think about the first [...]
How can a Christmas cookie change your credit union?
Many credit unions (and businesses in general) pride themselves on giving members and customers exactly what they ask for. No more. No less. They are honest people delivering exactly what they promise. But is that [...]