Credit Unions and Transparency: Obligation or Risk?
CU*Answers CEO Geoff Johnson discusses a credit union’s obligation to be transparent and open with its members, along with the benefits and concerns that might follow that transparency.
Then and Now: A Case for Automated Testing
While some may argue the benefits of having a human eye to review software, Allyn VanDyk makes the case for automated testing with years of experience as evidence.
NCUA to Receive Third-Party Oversight with New Bill Introduced
In a move opposed by credit union trade groups, Senators Jon Ossoff, D-GA, Cynthia Lummis, R-WY, and Mark Warner, D-VA, introduced a new bill that would provide NCUA with oversight powers over credit union organizations and service providers, reports CUSO Magazine’s Esteban Camargo.
If My Credit Union Could Start Over: A Board Member Perspective
Changes in technology, member needs, and office environments have prompted credit union board member Kurt Hansen to ponder what changes he would want to see if his credit union were to start over today.
A Decade of Service: Site-Four Celebrates Milestone Anniversary
In honor of Site-Four’s tenth anniversary, Emily Claus delves into the history of the data center, its successes, and the hard work of everyone involved.
Having Fun with Tabletop Exercises to Improve Business Continuity
Tabletop exercises are a great way for credit unions to test out their business continuity plan, but how do you go about conducting one? Danielle Caliendo lays out the basics and benefits of the exercise.
The House Financial Services Committee Approves Controversial Legislation to Limit Overdraft Fees
Last week, the House Financial Services Committee approved overdraft legislation which would limit the number of overdraft fees banks and credit unions can charge their clients. Emily Claus discusses the bill’s future and repercussions.
Going Public: A Credit Union, Their CUSO, and a SPAC
What happens when a credit union-owned CUSO is sold? Chip Filson looks into the 2022 sale of Safe Harbor Financial to special purpose acquisition company North Lights Acquisition Corp.
Employee Engagement: Why it Matters
Any company worth anything knows that employees are the lifeblood of your organization. Brandon Shaw delves into how engaged employees are not only happier but benefit the company’s overall health as well.
Your Annual CPA Financial Audit: What You Need to Know
Becky Frankowski breaks down your yearly CPA audit: why is it needed, who it’s for, and how your organization can prepare for one.