The NCUA should attempt to update its field of membership rules before taking FOM to Capitol Hill.
As loan growth continues to blossom in the New Year, hopefully it will not be nipped in the bud by overzealous regulators or lack of leadership. Agility is as important in business as it is in volleyball; the ability to adapt to a changing environment is critical. NCUA Chief Economist...
Credit unions can grow lush gardens of members and loans, but only if they aren't viciously pruned by regulators.
As we close out 2014, we share the best credit union achievements of the year.
Credit unions are unwilling to work together on a national campaign, which could have a super-sized impact.
It's short-sighted for credit unions to dismiss new competition from two giants with loyal customers.
The credit union community allegedly eclipsed 100 million members this year. The figure is bogus, and even the most religious credit union believers know that figure includes not a small amount of double counting from memberships by one person at multiple credit unions and other account structures.
It's an all-request editor's column from Publisher/Editor-in-Chief Sarah Snell Cooke.
Las Vegas conferences, NCUA oversight, interest rate risk, the fixed asset cap, taxes and the CFPB take hits in this editor's column.
The most critical part of a credit union's responsibility to members is ensuring the cooperative's future financial security. That means revenue.