Reflecting on my tenure at the National Credit Union Administration (NCUA), a period marked by unprecedented challenges and triumphs, I’m proud of the work we’ve accomplished to ensure the ongoing safety and soundness of the nation’s federally insured credit unions.
THE 'tude
When credit unions embrace open finance and secure data sharing, financial service delivery transforms.
Digital transformation reminds me of a question that my kids would ask when they were younger on family road trips: “Are we there yet?”
In 2013, management consultant Jim Collins released Great by Choice, a follow up to From Good to Great, written a decade earlier.
How appropriate that a brand new trade group called America’s Credit Unions is now official with the new year, because “America’s credit unions” have an image problem right now. A big and growing one.
As 2023 wraps and we prepare to head into an election year (that I’m confident we’re all looking forward to!), here are some highlights, low lights, Matrix Moments, advice, humor, insights, baffling moments and a reminder about forecasting I gathered this year worth a moment or two of your time before we get to ’24.
After a public hearing, multiple written comments and some give and take between board members, these are some of my initial observations from the most recent NCUA board meeting and its 2024 agency budget.
As I continue to clean out all the all the remaining scrawls left in the Reporter’s Notebook from a 2023 in which Taylor Swift generated more revenue in just one year than the individual assets of 90% of credit unions, here’s some of what I was able to decipher:
Of all the reporting that has filled my notebook in 2023 and all years prior, there is one topic that annually tops the list of issues you want to come back to again and again despite the futility in trying to find some way to make sense of what’s happening—mergers.
It’s December, so we begin our annual tradition of cleaning out the coal from last year’s stocking (and Reporter’s Notebook) to make some room in this year’s stocking.