Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $60.2 billion in the second quarter of 2018, up $12.1 billion (25.1 percent) from a year ago. The improvement in...
The Senate Banking committee voted in favor of Kathy Kraninger to become the permanent director of the Bureau of Consumer Financial Protection (BCFP). Kraninger, who currently serves in the Office of Management and Budget, was nominated by President...
The National Credit Union Administration released the third quarter edition of its online newsletter Thursday. The latest issue of The NCUA Report features a column from NCUA Board Chairman J. Mark McWatters, as well as articles from several NCUA...
Forty-one credit union professionals recently completed their third year of instruction at CUNA Business Lending Certification School to achieve their Credit Union Business Lending Professional (CUBLP) designation. Three Florida credit unions had...
Liz Garster, a marketing expert with Two Score and Gira{ph} has tips for the best tactics in putting together a successful marketing campaign: When people think of marketing campaigns, they often jump to the flashy advertisement at the very end of...
JMFA’s Kelly Flynn, national sales director, looks at the important issues facing credit unions during mergers and acquisitions in the following article. Mergers or acquisitions are stressful, time-consuming affairs. With so many big issues...
The Treasury’s Financial Crimes Enforcement Network (FinCEN) has extended the Beneficial Ownership Rule’s limited exception for rollover and/or renewal of certain accounts for an additional 30 days. It was scheduled to expire Aug. 9, and now will be...
In a year when financial services associations faced declines in their reputation, Credit Union National Association (CUNA) and League partners increased effectiveness in Washington. According to an independent study conducted by Ballast Research...
Why was school easier for cavemen? Because they had no history! We all know that’s not true about credit unions. The credit union movement is steeped in a rich history of collaboration across divides. For nearly two centuries, financial cooperatives...
The ALM Workshops (Oct. 15-16 and Oct. 18-19) will allow credit union professionals to go back to the basics/fundamentals. It will be beneficial for those just entering the arena and for those who need to refresh their skills. Our speaker, Debbie...