Senate Committee Advances E-SIGN Modernization Act of 2020
In case you haven’t been following the E-SIGN Modernization Act of 2020, which was introduced earlier this year, John Beauchamp has the skinny on where it sits (and what it changes).
The Art of Confidentiality
As someone who deals with confidentiality on a daily basis, Mary Sweeny wants to remind credit unions and employees that information leaks don’t just come from failed cybersecurity measures.
Three Reasons Why Your Credit Union Should Be Considering Data Analysis
Does your credit union delve into data analysis? Keegan Daniel says it should be, providing three main reasons why credit unions, if they aren’t already, would want to take a closer look at their data.
NCUA’s Dire Warnings for NCUSIF: Credit Unions Must Pay Attention
Does the NCUA Board have a solid grasp of the NCUSIF? Chip Filson doesn’t believe so, and warns that credit unions must watch over their investment more carefully or be swept away in rampant government spending.
Credit Unions, Businesses Say PPP Loan Forgiveness Process is Daunting
As businesses and credit unions move into the Paycheck Protection Program’s loan forgiveness process, they are reporting that it is so complex and burdensome that they have had to spend valuable time and resources on the paperwork, reports David Baumann of the Washington CU Daily.
A Benefit for Credit Unions with a Conscience in Community Development
CreditUnions.com: Carla Decker, the CEO of DC Credit Union, discusses her credit union’s commitment to community and how the COVID-19 crisis has affected her certified CDFI shop.
Social Media is More Than Just Another Marketing Channel
Social media expert Megan Pieper wants to ensure your credit union is taking advantage of social media and using it in all aspects of you business – even those you may never have considered before.
COVID-19: How to Protect Your Members’ Mobile and Online Banking
In her second article on mobile banking during the pandemic, Barb Cooper discusses the rise in mobile banking scams, what your credit union can do to protect members, and what your members can do to protect themselves.
FinCEN Extends Money Laundering Rules to Non-Federally Insured Credit Unions
FinCEN has released a final rule requiring banks and credit unions that are not regulated by the federal government to comply with Anti-Money Laundering regulations, reports David Baumann of the Washington CU Daily.
The Keys to a Successful Member Onboarding Process
How is your credit union welcoming new members? What processes do you have set up? Victoria Thornton urges credit unions to reach out regularly through a number of channels to update and inform new members.
