Financial organizations face numerous threats that can interrupt operations and hurt profitability – chief among them is any disruption to data and application availability, whether it is the result of a simple human error, IT malfunction, and/or natural or manmade disaster.
THE 'tude
As we approach Veterans Day, it’s a time to reflect and honor our Nation’s heroes—the generations of men and women who have selflessly served in our armed forces. A tribute to these communities is not only offered by words of deep appreciation or gratitude, but through action.
In recent discussions about credit unions, there have been concerns raised about overdraft fees and claims of predatory practices by the few. While these questions merit some attention, they should not overshadow the reality that the overwhelming majority of credit unions remain committed to their founding mission: serving members, not profits.
The world of fraud is dynamic and continues to pose a threat to the financial industry due to its fast pace, inherent risks, and devastating consequences. Just when you think you’re ahead of the game, new tactics emerge, with cyber criminals finding innovative methods to sidestep security technology or break through the human firewall.
In recent years an emerging trend has seen traditional banks being sold to credit unions, sparking debate across the financial sector.
For a while now I have had a pretty good idea what someone is about to say when begin by saying, “Off the record, Frank, but…
Protecting the industry’s credit union tax exemption status is at the forefront of the Defense Credit Union Council’s (DCUC) gaze when stepping into the advocacy arena in Washington.
NCUA approved 46 mergers in Q2 of 2024, an increase from the 26 in the first quarter.
After two weeks of attempting to keep up with all the events at the Paris Olympics—of both admiring the extraordinary athleticism of gymnastics and being mystified by the subjectivity in its judging, of trying to figure out the rules of team handball, contemplating how the training must work in artistic swimming, and getting to understand what it must feel like to be a Warriors fan, here are some more random items (although not as random as some Olympic sports) from the notebook.
Late-summer is here and the season for annual strategic planning will soon be upon us, a time when many credit unions engage in the recurring practice of objectives, tactics, and KPIs.