CUNA will host a webinar Nov. 20 discussing patent enforcement of certain remote deposit capture (RDC) technology, particularly in the wake of the $200 million verdict awarded to USAA from Wells Fargo earlier this month. [...]
The Financial Accounting Standards Board's (FASB) Accounting Standards Update (ASU) to delay the current expected credit loss (CECL) standard by an additional year has been published and is now official. As a result of the [...]
Generally speaking, credit unions are viewed as being member friendly. We tend to be more fee-adverse than the banks. We don’t make business decisions based on quarterly earnings or our recent stock price. We’[...]
Mike MacPherson, president/CEO of the $311 million Freedom Federal Credit Union in Bel Air, Md., said he was shocked and appalled after police alleged a former teller committed a violent home invasion of a [...]
Credit unions across the country are finding it challenging to hire new staff. Competition for good candidates from among a seemingly limited talent pool is fierce. A strong economy and increasing worker demand make hiring [...]
While optimistic about the future, Steve Wozniak is not ready to turn over his identity (nor his Tesla) to artificial intelligence anytime soon. At a conference in Budapest I attended, he referenced deleting his Facebook [...]
It’s almost impossible to have a conversation about secondary capital in the credit union industry without mentioning the two Self-Help credit unions — Self-Help Credit Union($1.0B, Durham, NC) and Self-Help Federal Credit Union($[...]
The National Credit Union Administration (NCUA) should seek feedback from credit unions and other stakeholders concerning the current use of CAMEL ratings by the agency. The Federal Deposit Insurance Corporation and the Board of Governors [...]
Happy Monday, compliance friends! We’re only 10 days out from turkey day, so start stocking up on gravy and dinner rolls! In the meantime, let’s talk about flood insurance and mergers. We have [...]
Picture this, warm sunshine, sand running through your toes, and the breeze from the Indian Ocean gently ruffling your hair. Randy Smith, co-founder of CUInsight.com, is on location with his guest Julie Ferguson at [...]
If we want more referrals, we constantly want to be connected to folks that give us referrals. These connections ultimately lead to be established as a connector. The primary benefit of being labeled as a [...]
The CUtimes headline is a slap upside your head: Consumers Care More About Your App Than Your Branches. Read it again. Now explain this to me: I am a member of two credit unions, 2300 [...]
People hold their values dearly. They are important to them. They are a force that directs a person’s life. Values affect relationships, how people spend their time, how they think about their work, and [...]
The CFPB is seeking summary judgment in a lawsuit brought against it for allegedly violating the Administrative Procedures Act (APA). The California Reinvestment Coalition, National Association for Latino Community Asset Builders, and two individual small [...]
Google staff visited CUNA’s Washington, D.C. office earlier this week to discuss its plans to partner with credit unions and banks to offer checking accounts through Google Pay. During the meeting, Google provided [...]
