ST. PETERSBURG, Fla.—All of the media attention given to the Equifax breach may lead credit unions to “overreact” and create “crime scene investigations” around card business, asserts one expert, who is suggesting several steps to more effectively address the breach.
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MADISON, Wis.–Are credit unions asking the wrong question when it comes to what the CFPB’s new payday lending rule will ultimately mean for consumers, members and credit unions?
WASHINGTON—The CFPB’s new payday rule will likely force a number of payday lenders to close their doors, sending more consumers to credit unions, analysts say.
SPOKANE, Wash.–Imagine it is the year 2020 and on your watch, your credit union has gone belly up. As a credit union leader, what were the trends you missed? What were the signals you ignored? And what were the investment decisions you delayed that led to this demise?
SPOKANE, Wash.–Are you ready to create You 2.0? Prepared to push that chair just one step further, despite the pain? Ready to push on even when Sharks don’t want you?
NEEDHAM, Mass.—One credit union has introduced an annual “idea contest” it says is not only generating more actionable suggestions from staff, but also making employees better strategic thinkers.
SANTA ROSA, Calif.—Robin McKenzie says she’ll never forget fireman and police waking her family in the middle of the night on Oct. 8 telling them to leave their home due to threats from raging wildfires.
ALEXANDRIA, Va.–During a briefing NCUA hosted on its proposed 2018-19 budget here, credit unions and trade groups were generally supportive of budget moves the agency has made, but they also called for additional reductions and again questioned why NCUA’s budget continues to grow even as the number of credit unions continues to shrink.
TAMPA, Fla.—October 20, 2017 will mark the three-year anniversary of the launch of Apple Pay, which heralded a new era in payments channels. But that date is also when many of the contracts signed by credit unions that rushed to be part of the new payments alternative will be coming up for renewal.
BIRMINGHAM, Ala.—Credit union feedback following Wednesday’s NCUA budget briefing should lean more toward the positive than in the past, even as the agency has proposed a record budget figure, predicts one former NCUA chairman.