In underserved and rural areas of the United States, entrepreneurs have a pressing need for business loans.
Always been fascinated by etymology, haven't you?
Diversity gets a lot of attention in credit unions, and it should (although let’s not confuse attention with action. Stop for a moment and look around at any major credit union meeting and Rainbow Coalition it’s not.)
As the credit union industry experiences record-setting growth and continues to absorb more of the leading company market share, competition is as fierce as ever – both in terms of securing new clients and recruiting talented employees.
I’m often wrong, but why do I have a feeling CUToday.info will someday be publishing this headline: “NCUA Board Votes to Push Back Risk-Based Capital Compliance Deadline to Jan. 1, 2119; Trade Groups Say More Time Needed.”
Twenty-first century technological innovations have revolutionized the ways and means by which financial institutions and consumers interact.
If you’ve been keeping your eyes open, CUNA’s Open Your Eyes initiative recently had a little eye-opening announcement of its own.
The labyrinth known as San Francisco’s Hilton Union Square had decent tech startup, VC and banker energy just a few weeks ago for the Finovate meeting.
Many credit unions breathed a sigh of relief when the Finaancial Accounting Standards Board (FASB) announced that it would delay implementation of its Current Expected Credit Losses (CECL) standard for credit unions and other non-public entities from fiscal years beginning after Dec. 15, 2020 to Dec. 15, 2021.
At first glance, the old cliché about the tail wagging the dog comes to mind, and yet, somehow that just doesn’t really quite sufficient. It feels more like a flea on the tail shaking the dog.