Bankers Asking NCUA to Extend Comment Period for Proposed CUSO Rule
After the proposed CUSO lending rule change approved in January by the NCUA Board, bankers are asking for more time to comment.
The Key to Finance Variance Reporting
What exactly goes into a good report on variances in a company’s finances? How do you make it informative but not overwhelming or dull? Thankfully, Becky Frankowski is here to share the best tips for writing one.
Don’t Shoot The Analyst!
Data Analyst Sarah Ashby urges credit unions to go into their data analyses with opens minds, leave their preconceived notions at the door, and to please not shoot the messenger!
Students: Enrolling the Next Generation of Members
With credit union numbers dwindling and de novo efforts few and far between, Chip Filson looks at one area of the country where new ground might be made again: schools.
Go Digital or Risk Being Left Behind
Web Developer and Credit Union Board Chairperson Kurt Hansen discusses why credit unions need to be focusing on digital support for their members–or risk being left behind.
House Members Introduce Legislation to Lift MBL Cap During Crisis
Reps. Brad Sherman (D-Calif.) and Brian Fitzpatrick (R-Pa.) introduced legislation in Congress that would lift the credit union member business lending cap of 12.25% during the coronavirus economic emergency in order to allow credit unions to make more loans during the economic crisis, reports David Baumann of the Washington Credit Union Daily.
Xceed Financial Credit Union to Merge with Kinecta Federal Credit Union
Emily Claus discusses the merger of Xceed Financial Credit Union and Kinecta Federal Credit Union going into effect next month and debates the reasons behind low member participation.
Credit Union Merger Voting Turnout Paints Ugly Picture
Are credit unions really democratic institutions when less than ten percent of the membership can vote away that institution’s existence? Chip Filson wonders whether credit union cooperative design has eroded of the years.
Why We Stand Up
Bob Anderson and his team are ready to stand up for you and your credit union–are you ready to stand up for your members? Anderson details why stand up meetings are essential and how they benefit your team and clients.
Internal Controls: A Trusted System Tops a Trusted Employee
How are some individuals able to conceal millions of dollars in fraudulent activity at their credit unions? Keri Lillie explains how trusting employees can be riskier than trusting the system you’ve built around them.
