What Younger Generations Want From Their Lenders
Using the lending strategies of yesterday on the generations of tomorrow is rarely going to be an effective method for your credit union, says Ashley Melder. Thankfully, she has a few tips and insights on how to get your credit union’s lending up to speed and delivered to younger members in a way they’ll engage with.
Supreme Court’s Rules in Favor of CFPB; Director Chopra Ramps Up Activity
Now that the Supreme Court has found the Consumer Financial Protection Bureau’s funding mechanism constitutional, Director Rohit Chopra is revving up the agency’s engines, reports David Baumann.
The Skill of Keeping Honest People Honest
Chip Filson discusses the most critical aspect of leadership and how the barriers we erect reduce, but don’t eliminate temptation.
Why Are Members Closing Accounts and Leaving Your Credit Union?
When credit unions focus too heavily on getting new members in the door, they often fail to notice the old members that are getting ready to walk out it. Bo McDonald of YourMarketingCo explains how to turn your attention back to your current members and get them reinvested in the credit union.
Supporting Real-time Payment Networks During Business Continuity Events
As we wrap up Business Continuity Week, Bob Anderson shares how you can set your credit union’s infrastructure up for success to keep critical functions such as real-time payments accessible during business continuity events.
The Seven Layers of Cybersecurity Defense
There are seven layers of defense standing between hackers and your members’ data. Brian Henderson breaks down the seven layers and how you can fortify each one to further protect your credit union.
Texas Judge Issues Injunction on CFPB’s Credit Card Late Fee Rule
In the ongoing case of financial institutions vs the CFPB, a Federal Judge in Texas has issued an injunction of the CFPB’s credit card late fee ruling, reports Emily Claus.
The BCI Celebrates Business Continuity and Resilience Awareness Week
May 13th – May 17th marks the start of the annual Business Continuity and Resilience Awareness Week, hosted by the Business Continuity Institute. Emily Claus dives into the importance of the event, resources provided, and how credit unions can use this opportunity to better prepare for the unexpected.
Making Data-Driven Recruitment Decisions
Recruitment can be challenging for any organization, but using data-driven strategies can help you find the perfect candidate without the hassle, saving both time and money, says Milinda Miller.
Why an Oath for Credit Union Directors and Officers is Desirable
Chip Filson takes a look at oaths of office, whether they’re required of credit union directors, and if they should be.