No Limiting Principle
NCUA’s update to corporate rule 704 is not without many issues claims Chip Filson. All the little missteps that go into new policy set precedent for the “how we’ve always done it” mantra that damages from within.
House Financial Services Dems Push for $8.5 Million Boost for Credit Union Community Development Fund
David Baumann of the Washington CU Daily reports that the Democrats on the House Financial Services Committee out-voted the Republicans to pass the Views and Estimates Report, which contained requests to congressional budget writers for an $8.5 million increase for the National Credit Union Administration’s Community Development Revolving Loan Fund in FY22. It also contained strong support for the Consumer Financial Protection Bureau.
Analyzing Website Design Trends From the Top Credit Unions
Web Applications Developer Sam Lechenet analyzes common trends design among the top ten credit unions’ websites, and suggests what common elements you may want to implement into your site.
Growth: How Does It Serve Our Current Membership?
Cumberland County Federal Credit Union CFO Ryan Grund debates the purpose of growth and who it is intended to serve: the management team or the members.
How to Promote Your Credit Union’s Twitter Account
Twitter can be an overwhelming tool, and it may seem as though success on the platform is up to luck or money. However, Casey Smith disagrees and has quite a few ideas to get you started in promoting your credit union’s Twitter account.
Cannabis and Credit Unions: House Passes the SAFE Banking Act
On April 19, 2021, the House officially passed the SAFE Banking Act, which aims to protect financial institutions servicing cannabis accounts. Emily Claus covers the path of the legislation, where it goes from here, and what its odds of success are.
Online Banking Fraud Prevention: The Overlooked Superpower
While everyone is looking for a new, fail-safe solution to online banking fraud, Seth Longcore maintains that an excellent solution has been around for awhile, people just aren’t using it.
The Evolution of Tellers: Past, Present, and Future
Emily Claus takes a trip through the evolution of the teller role and speculates what the future of the position may look like in the face of improving technology.
A Cooperative Community Park
Cooperatives know going it alone isn’t necessary. Chip Filson shares how six cooperatives, including three credit unions, combined resources to create a community park.
Trade Groups Say IRS Coronavirus Payment Process is Confounding Credit Unions, Members
The Internal Revenue Service’s “Get My Payment” portal to provide information to consumers about their federal coronavirus Economic Impact Payments is providing inaccurate information to many financial institutions and their customers, creating confusion for everyone involved, groups including CUNA, NAFCU, the ABA and the ICBA wrote in a letter to IRS Commissioner Charles Rettig, reports David Baumann of the Washington CU Daily.
