What Do This Weekend’s Bank Failures Mean for Credit Unions?
Chip Filson recaps the recent failures of two mid-sized banks, the threat to the financial system, and what it means for credit unions in the near future.
In the Wake of Silicon Valley Bank Collapse, NCUA Chairman Harper Issues Statement
Following the events of the weekend, during which two mid-sized banks collapsed, NCUA Chairman Todd Harper issued a statement on the safety and soundness of the credit union system, reports CUSO Magazine’s Esteban Camargo.
Considering Outside Data Resources
Keegan Daniel discusses alternative sources for data that extend beyond the credit union and how they might be utilized to reassess the credit union’s methods.
Monthly Board Meetings: Necessary or Burdensome?
As legislation aims to reduce required board meetings from monthly to six times per year, Emily Claus discusses the potential benefits and ramifications of such a change, with input from two long-serving board members.
Dreams Can Be Dangerous
What dreams will credit unions foster: those of the members of those of the institution? Chip Filson warns that dreams can be dangerous when they fall out of line with our values.
Democrats Call on NCUA, Financial Regulators to Focus on Zelle
Financial regulators, including the NCUA, must do more to protect members and customers who fall victim to scams and fraud when using the Zelle payment network, five Democratic senators told the regulators last week, reports David Baumann of CUCollaborate.
The Importance of Product Maintenance
Too often, credit unions roll out a product only to forget about it and any potential updates or improvements the product might need. Kristian Daniel emphasizes the importance of continuous product maintenance and the possible ramifications of failing to do so.
Get to Know Theresa Trimble and the Credit Union Women’s Leadership Alliance
Julie Gessner sits down with Theresa Trimble, CEO of the Federal Reserve Board FCU to discuss her credit union career, her work with the Credit Union Women’s Leadership Alliance, and what advice she has for other women in the credit union industry looking to build their careers and move into leadership positions.
Who is NCUA’s Customer?
Chip Filson ponders who the NCUA serves: members, credit unions, the Treasury, or maybe something else.
Supreme Court Agrees to Review Ruling Declaring CFPB Structure Unconstitutional
In light of the Supreme Court’s decision to review the ruling declaring the Consumer Financial Protection Bureau unconstitutional, Emily Claus reports on the history of the CFPB and its controversial structure, funding, and Payday Rule.
