Forty-two credit union professionals earned their Credit Union Business Lending Professional designation (CUBLP) at this year's CUNA Business Lending Certification School. This designation is awarded to attendees after they complete and pass all exams at [...]
The Department of Justice (DOJ) announced this week that the U.S., in conjunction with international law enforcement authorities, disrupted a series of business email compromise (BEC) schemes that were designed to intercept and hijack [...]
In our “data is king” world, it is imperative that individuals beyond the CFO are aware of certain information about their management group within the credit union. This is particularly true for accounting data within [...]
Sarah Thomas shared her journey to becoming the NFL’s first female official during the co-located CUNA Technology Council and Operations & Member Experience Council Conferences Wednesday in Chicago. Thomas grew up as an athlete [...]
Kevin M. Biederman, a former business development manager for the $1.1 billion Philadelphia Federal Credit Union, was sentenced to just one day in prison for his role in helping Pennsylvania public officials, including an [...]
Today more people are living longer – and the likelihood of living even longer increases for those who make it to retirement age. Here’s a look at how longevity plays a factor in retirement spending. [...]
Providing easy digital access is table stakes among rising numbers of credit union members who need anytime, anywhere access to funds. But along with increased access come new risks as fraudsters shift their focus to [...]
I know everyone groans when the issue of flood insurance comes up – but here is a quick and easy summary of an important update. As of July 1, 2019, credit unions are now required to [...]
The banking industry continues to struggle with issues around reputation, trust and loyalty, failing to completely recover from pre-crisis issues that have resulted in new competitors and consumer backlash. One of the ways financial institutions [...]
In this digitally competitive day and age, where everyone wants and expects an answer “yesterday,” being efficient is imperative. The mortgage market in particular has grown more and more crowded as home prices soar and [...]
The year is getting nearer to the end. With such finality in view, how do we pass the time? How do we shift our thoughts to distract ourselves from another year gone by? A new [...]
The other day I was ordering a meal from McDonald’s. Don’t McJudge me! I got to the second window where you pick up your food and the woman shoved the bag at me [...]
One of the ways I make my living is doing consulting and service training in the credit union movement. And by no means am I alone in this effort. There are thousands, if not tens [...]
BAM! Whatever you call them, you’ve seen them before, and chances are, your institution is using them. And unlike the carnival game, it’s actually no fun at all. Despite that, you likely never [...]
Credit unions consistently cite the current expected credit loss (CECL) standard as one of, if not the, biggest compliance challenge they are facing, and the Financial Accounting Standards Board (FASB) should search for any opportunities [...]
