Mortgages in another state?
The Federal Credit Union (FCU) Act expressly provides credit unions with the power to make loans to its members, to other credit unions, and to other credit union organizations. NCUA does not prohibit credit unions [...]
The Federal Credit Union (FCU) Act expressly provides credit unions with the power to make loans to its members, to other credit unions, and to other credit union organizations. NCUA does not prohibit credit unions [...]
Home lending has become increasingly more difficult in today’s evolving marketplace. The main factors driving these lending challenges include: 1. Evolving competition 2. Shifting consumer demographics 3. Increasing loan rates While market disruption and [...]
Not surprisingly, Anne Boden, founder of the U.K. digital bank Starling, is a booster of the mobile banking experience. She considers what mobile banking is today to be just a small subset of what [...]
Welcome to episode 40 of The CUInsight Experience podcast, hosted by Randy Smith, Co-Founder of CUInsight.com. In this episode, Randy has a conversation with John Bratsakis, the President and CEO of the Maryland and [...]
On Saturday mornings, especially in the Spring and Fall, I enjoy grabbing a cup of coffee, the newspaper, and heading to the back porch for reading. The newspaper is usually loaded with random stories from [...]
I went to the September DN Intersect conference in Las Vegas - hosted by ATM company Diebold Nixdorf - expecting to hear a lot about ATMs but I did not expect to have my mind [...]
Invisible. That’s how I’ve felt at several meetings at credit unions, listening to a leadership team go back and forth on the wants and needs of millennial women without bothering to ask the [...]
CUNA Chief Advocacy Officer Ryan Donovan discussed the latest in credit union advocacy in a recent interview with CUBroadcast. Donovan touched on the recent rules finalized at last week’s NCUA meeting before giving a [...]
The Senate Thursday passed a short-term funding bill that would fund the government through Nov. 21. The House passed the continuing resolution last week; while the president previously indicated he would sign the bill, NAFCU's [...]
There are two types of board-CEO relationships in our industry—good relationships and bad relationships. At either end of that spectrum, revamping the CEO evaluation process could help your credit union step up its game. [...]
Ray Lancaster began his career as a credit union volunteer. But looking back it seems inevitable Lancaster would become a credit union CEO one day. Lancaster embodies the credit union spirit. As CEO of $167 [...]
When Thomas McDermott, managing partner for the Milton, Ga.-based Inver Consulting Group, surveys a credit union’s digital state of affairs, he often starts by looking at its website. “That’s the biggest branch [...]
As we progress through our careers, we learn the value of receiving feedback from peers and managers to ensure we improve and grow. Feedback helps us identify weaknesses, strengths, and mistakes – ultimately setting us up [...]
Nobody wants to become the next Blockbuster or Kodak. As a result legacy businesses in all sectors, banking very specifically included, are being forced to digitally transform to keep up. That said, digital transformation is [...]
Not surprising, Millennials have different priorities and expectations from a financial institution than older generations do, according to a recent report compiled by a CA-based payments firm, Marqeta. Millennials, recognized as the first generation to [...]