Ten Questions for Whole Bank Purchases
Chip Filson urges credit unions to carefully review these ten questions before considering any bank purchase.
Credit Unions Want Quick Guidance on Digital Assets
Many credit unions appear to be anxious for the National Credit Union Administration to issue guidance about how they may host a digital wallet and use other new technology to provide new services to their members, reports David Baumann of the Washington Credit Union Daily.
Are You Going Undercover in Your Credit Union?
It’s not enough for CEOs to run their credit unions by simply looking at the data and adjusting. According to Megan Ernsberger, CEOs should be going “undercover” and listening to frontline workers to discover what’s really going on in their credit union and how they can best serve their members.
Surrogation: The Monster Lurking in Your Data
Are your key performance indicators Frankenstein’s monster? CUSO Magazine’s Esteban Camargo explains the perils of surrogation and how credit unions can avoid the trap of metrics running away with strategy.
Security Weaknesses You May Be Overlooking
As part of cybersecurity month, Emily Claus shares why credit unions need to carefully consider who they partner with, how they’re creating friction in the user experience, and what risks might slip through the cracks.
Harper Endorses Report Identifying Climate Change as Systemic Risk
Federal financial regulators, including NCUA Chairman Todd Harper, endorsed a plan to ensure that agency rules and policies address the risks of climate change, reports David Baumann of the Washington Credit Union Daily.
What Harper Got Wrong with the CUSO Rule Vote
Vic Pantea shares his thoughts on the recent CUSO rule approved by the NCUA board, and why Harper got the vote wrong.
Celebrating International Credit Union Day 2021
Celebrating credit unions and their cooperative spirit around the globe, the 73rd International Credit Union Day® recognizes how credit unions and members work together to build financial health. Emily Claus delves into this year’s theme, meaning, and celebrations.
NCUA Board to Consider Final CUSO Rule on October 21
The National Credit Union Administration board on Oct. 21 will consider a final rule governing the permissible activities for Credit Union Service Organizations—an issue that has been a contentious one for board members in the past, reports David Baumann of the Washington Credit Union Daily.