News Archives

Fed’s Quarles: LIBOR transition poses stability risks

Fed’s Quarles: LIBOR transition poses stability risks

As the London Interbank Offered Rate (LIBOR) is set to stop publishing after 2021, Federal Reserve Vice Chair for Supervision and Chair of the Financial Stability Board Randal Quarles is warning that the transition away [...]

Digital currencies will make BSA compliance easier

Digital currencies will make BSA compliance easier

In yet another sign that Facebook has grown too large for Mark Zuckerberg’s skill set, the Wall Street Journal reported Tuesday that Facebook’s ambition to create a cyber currency called Libra, in association [...]

I hate asking for help

I hate asking for help

I hate asking for help. I believe manuals are for dummies. I believe in the sink or swim. I believe in the figure it out. I do not listen to directions well. I listen halfway [...]

The complete core banking checklist

The complete core banking checklist

When seeking a core conversion, every bank must find the platform that best fits its strategy and individual needs. It’s critical for banks to stand back and evaluate each solution based on its broad [...]

Do your employees want to quit?

Do your employees want to quit?

I had a different blog topic in mind for this week, but then I saw the jaw-dropping results from an employee satisfaction survey that showed 49 percent of all workers "have thought about leaving their [...]

Money can buy happiness

Money can buy happiness

Money can’t buy happiness. You’ve heard this before, right? We tend to think of people who accumulate one object after the other, ultimately leaving them in a shallow hole, needing even more in [...]

5 questions before chasing membership growth

5 questions before chasing membership growth

Recently, I was having a conversation with two organizations; a credit union and a major financial player in the Caribbean Finance market. The credit union expressed the need to grow their membership while the other [...]

Miss Rose

Miss Rose

Rose, “Miss Rose”, attended every financial education seminar hosted at the Credit Union that year (and we hosted many). Regardless the topic, she listened intently, keen on participation, keen on positivity.  One day, following a [...]

NCUA diversity, inclusion summit set for Nov. 6

NCUA diversity, inclusion summit set for Nov. 6

"Credit unions are stronger, and they serve their members and communities better, when they promote greater diversity, equity, and inclusion as part of their business model," NCUA Chairman Rodney Hood said in a release announcing [...]

PR Insight: Community engagement is just the beginning

PR Insight: Community engagement is just the beginning

Many credit unions focus a significant part of their business model on community engagement. Being involved in local and community events gives credit unions the opportunity to further their brand recognition while actively engaging with [...]