Is it time now for FedNow?
In terms of expectations, the American consumer is running ahead of the payments engines that help drive their everyday financial lives. That explains the “let’s get going” tone among some in the financial services [...]
News Archives
Truth in Lending threshold adjustments for 2020
Greetings compliance friends! Just last month, the Bureau of Consumer Financial Protection (CFPB) issued its annual inflation-based adjustments of certain threshold dollar amounts for transactions covered under Regulation Z. The changes apply to provisions under [...]
Now is the time for financial institutions to prepare for a Gen Z workforce
Generation Z, roughly defined as people born during or after 1997, represents a very significant workforce change. This generation is comfortable with new technologies, bringing new skills, high expectations and a desire to shake things [...]
The CUInsight Experience podcast: Jill Nowacki – Bring your whole self (#37)
Welcome to episode 37 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder of CUInsight.com. In this episode, Randy is talking to Jill Nowacki, President and CEO of Humanidei, a human capital strategy [...]
Abilities to make you a credit union MVP
With summer ending and the kids heading back to school, millions of Americans prepare themselves for the next season on our calendars. No, not fall…Football! From Friday Night Lights to Monday Night Football, many [...]
Advancing the credit union industry through powerful partnerships
If the active, enthusiastic participation at the African American Credit Union Coalition Annual Conference is any indicator, the “people helping people” credit union philosophy is not only alive, it’s on overdrive. At the conference, [...]
Is it time to revisit your email newsletter?
The email newsletter can be a great way to share important updates, valuable offers and useful information with members. But while the opportunity is there, making our newsletters effective and getting our members to read [...]
World Council initiates Project Storm Break in The Bahamas
The devastation wrought by Hurricane Dorian has prompted the Worldwide Foundation for Credit Unions to initiate its first Project Storm Break response in The Bahamas—the same country where the disaster relief fund was officially [...]
Caucus lineup continues to grow ahead of kick off
NAFCU's Congressional Caucus is just days away – hundreds of credit union professionals are set to gather in Washington, D.C., Sunday – and the association continues to add notable lawmakers to the schedule, including House Small [...]
Diversity Insight: Multiplicity of traits and backgrounds is a business tool
As credit union executives and directors, you are tasked with creating shareholder value. This is your singular mission. In order to perform upon this guiding mandate, you should pursue actions that benefit members. One of [...]
PODCAST: A diversity champion
The African-American Credit Union Coalition (AACUC) wants to be considered a preferred diversity, equity, and inclusion partner for the credit union system, says Adrian Johnson, chief financial officer at $1.2 billion asset MECU Credit [...]
Credit union employee dies in murder-suicide shooting
A woman was fatally shot in a North Carolina credit union parking lot by her husband, who then shot himself and died at a hospital Friday morning, Greensboro, N.C., police said. The investigation revealed [...]
Blown away: Dealing with a disaster
As Hurricane Dorian makes its way up the east coast, I have decided to dedicate today’s blog to an issue many credit unions are concerned with: what to do during a hurricane or other [...]
How small loans can have a huge impact
Throughout life there are situations - life events - where money plays a significant role in the decision-making process, and a positive resolution is dependent on the availability of funds. In certain cases, where the [...]
Lift employees with these leadership traits
Great leaders don't get to where they are through force or fear; rather, it's achieved by building trust and loyalty. There is a lot that goes into attaining that type of relationship with your employees, [...]