Self-service, available for some time at retail locations such as grocery stores, gas stations and credit unions, now provides more virtually-assisted capabilities, through interactive teller machines and mobile, than ever before.
To credit unions, the CFPB is a busy-body agency that has no business regulating them.
The countdown to the new Home Mortgage Disclosure Act reporting requirements is on. In this Focus Report, experts from credit unions and trades discuss the rules and the additional burdens they may place on cooperatives, especially smaller ones.
New Home Mortgage Disclosure Act reporting requirements will place additional burdens on CUs, especially small ones.
When it comes to alternative capital and the CU tax exemption, one shouldn't be sacrificed for the other.
Too many regulations can hinder credit unions from fulfilling their mission of improving the financial lives of those in need.
Filene reveals how credit unions solved problems for struggling member groups.
With the principle-based MBL guidance released by the NCUA last year, which became effective in January, credit union leadership may be re-evaluating the role that member business loans play in their growth strategy for 2017.
Gov. Andrew Cuomo of New York recently announced final regulations that require financial services institutions to establish and maintain strict cybersecurity standards and report them to the state's Department of Financial Services.
There is a famous quote that says, “The meaning of life is to find your gift. The purpose of life is to give it away.”
The political winds are blowing, not from west to east or even east to west. Actually, I’d say they are blowing from the middle of America outward.
The New York State Department of Financial Services’ decision to place Melrose Credit Union into conservatorship sparked a healthy debate among CU Times readers. See what they had to say about that news and several other topics here.
Stephanie Teubner is no stranger to change. Since taking the helm of the $906 million Blue Federal Credit Union in Cheyenne, Wyo., in 2005, her institution has changed its name, merged with a credit union and opened its field of membership into a second state. Now, as the credit union's...
Brian Daskalovitz may say he wasn't the best student back in his school days, but today he's probably one of the credit union industry's biggest self-starters who isn't afraid to do a little research.
The $544 million, Nederland, Texas-based 5Point Credit Union overcame challenges and used technological change to propel the organization's asset growth to an annual average of $28 million from 2011 to 2016.
A new professional life, a gleaming demeanor and a true sense of community. When you meet and get to know Misty Lester Reed, those are the three areas that truly stand out in your mind. As Freedom First Credit Union's SVP of business lending operations, Reed has spent nearly two...
Volunteering is deeply imbedded into Stacey Walker's identity. She's been volunteering in some capacity for a third of her life. It began at a young age when Walker attended a high school where volunteering was required.
When Alan Bergstrom joined Community Choice Credit Union in November 2014 as its SVP of strategic development and chief marketing officer, the credit union was managing $530 million in assets and serving 53,000 members out of eight branches. Since then, the Farmington Hills, Mich.-based Community Choice has grown to $853...
When Amy Nelson took a job as a training manager at Point West Credit Union in 2007, she thought she was simplifying her life and shortening her commute.
Growing up in a suburb of our nation's capital, Linda McFadden couldn't escape politics.
The process of managing a member's overdrawn share draft account has changed significantly over the past two decades. Much of this change has been fueled by technology advancements as well as best practices suggested by regulators.
NAFCU encourages credit unions to make their voices heard with lawmakers in their local congressional districts and in Washington.
I am honored to take up the reins as CUNA chairman from Rod Staatz this week. Rod led the board, and Susan Streifel before him, through one of the most consequential periods in CUNA's history. With their leadership, we modernized our membership structure, re-examined our purpose, worked tirelessly to identify...
The Maine Credit Union League announced Feb. 21 that Todd Mason will serve as its new president/CEO.
Two Texas credit unions, the $197 million Qualtrust Credit Union of Las Colinas and the $1 billion Texas Trust Credit Union of Arlington, announced that their boards agreed to unite.
The $640 million AltaOne Federal Credit Union in Ridgecrest, Calif., announced president/CEO Robert “Bob” Boland is retiring at the end of 2017 after 39 years with the credit union. Boland began as CEO in 1992 when AltaOne was $180 million in assets and had about 23,000 members. Today, the credit...