CFPB’s Proposed Overdraft Fees Rule Lauded by Some, Condemned by Others
The CFPB’s proposed overdraft rule, which would affect the largest credit unions and banks, is praise from consumer rights advocates. Banks and credit unions, however, are standing united in opposing the rule, reports David Baumann.
The People’s Voice: Saint Lawrence FCU Owners Veto Merger
Last fall, members of a New York credit union overwhelmingly voted to reject a merger. Chip Filson looks into the situation and why members may have responded as they did.
Embracing Efficiency: The Advantages of Digital Forms in Modern Workflows
Old habits die hard, and while having a physical paper trail for your business can seem essential, Sari Rahal offers a few reasons why you should be switching to digital forms and letting go of paper.
NCUA’s Tanya Otsuka Attends First Meeting as Member of the Board
Ten days after being sworn in on January 8th as the 25th NCUA Board Member, Tanya Otsuka attended her first National Credit Union Administration board meeting. Esteban Camargo reports on the events.
Revitalizing Workforces: New Year, New Employees
As employees look to better themselves in 2024, businesses should look to do the same and find ways to better support their employees. Stephanie Underwood argues the benefits of offering employee wellness programs and why you should be looking into them sooner rather than later.
Budgeting for the Budget
There’s more prep and planning needed when making a budget than most people realize, and there are many items and considerations that go unaccounted for. Amber Jecks offers tools and tips on how to create a budget that meets your goals and plans for the unexpected.
Reporting Coop Success In the Glare of Live Market Updates
While required to complete monthly and quarterly financial reports, few credit unions will publicly share the results of said reports. Chip Filson takes issue with this decision, which he says undermines the rights of member-owners and limits transparency.
2024: What’s in Store for the Credit Union Industry?
As we step into 2024, David Baumann reports on where the industry is headed and what big moves from major players such as the NCUA, the newly formed America’s Credit Unions, Congress, and the CFPB we can expect.
Why Credit Unions are the Best Financial Institutions for Gen Z
Gen Z isn’t as much of a mystery as we’d like to believe. In fact, their needs from a financial institution are fairly straightforward. Ashley LomBombard shares what motivates younger generations when choosing a financial institution and how your credit union can ensure you’re number one on their list!
The Importance of Standard Operating Procedures
Creating a set of Standard Operating Procedures (SOPs) for any position can be time-consuming, but the effort is worth the outcome. Annalise Runkel details just a few of the benefits SOPs bring an organization and why updating them is critical.
