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Jan 8, 2025 | 
cuinsight.com | Kristen Jason |Kristi S Kelley |Libby Calderone |Becky Reed
The Q&A session during Alacriti’s webinar, Maximizing Growth and Member Engagement With Instant Payments, featuring Keith Gray, Vice President of Strategic Partnerships at The Clearing House, and Mark Majeske, SVP of Faster Payments at Alacriti, offered practical insights into pressing concerns surrounding instant payments.
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Dec 12, 2024 | 
cuinsight.com | Becky Reed
In the world of finance, 2025 is shaping up to be a year of monumental change. Traditional payment rails—the backbone of how money moves through economies—are poised for a significant shake-up as new technologies, regulations, and consumer preferences converge to rewrite the rules of payments. For credit unions, staying ahead of these changes is critical to remaining relevant and competitive.
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Sep 12, 2024 | 
cuinsight.com | Becky Reed
The CFPB issued a proposed rule to implement section 1033 of the 2010 Dodd-Frank Consumer Protection and Wall Street Reform Act in October of 2023. Commonly referred to as the “Open Banking Rule”, it is intended to establish a framework for how financial institutions share consumer data. The final rule is expected to be released in October of 2024.
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Jun 20, 2024 | 
cuinsight.com | Becky Reed
There has been much attention given to the rapid disappearance of the small, local credit union. About a hundred reasons have been cited for this disturbing trend—from lack of succession planning to the cost of compliance.
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Feb 27, 2024 | 
cuinsight.com | Lauren Culp |Joshua Barclay |Becky Reed |Bill Ashland
Members really only want to go to your branch when they have an issue. Is your frontline equipped enough to handle the challenge?
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Feb 22, 2024 | 
cuinsight.com | Charlie Peterson |Kerala Taylor |Becky Reed
The materials available in this article are for informational purposes only and not for the purpose of providing legal advice. You should contact your own advisors with questions regarding the content herein. The opinions expressed in this article are the opinions of the individual authors and may not reflect the opinions of MeridianLink, Inc.
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Feb 22, 2024 | 
cuinsight.com | Charlie Peterson |Kerala Taylor |Becky Reed
Credit union loans outstanding increased 0.3% in December, according to America’s Credit Unions’ latest Monthly Credit Union Estimates, compared to a 0.4% increase in November 2023 and a 1% increase in December 2022. The estimates are based on information from a monthly sample of credit unions and are revised whenever more complete data is available.
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Feb 22, 2024 | 
cuinsight.com | Charlie Peterson |Kerala Taylor |Becky Reed
As technology advances, so do our expectations. We crave speed, immediate gratification, and instant everything (hello, video on-demand!) This new normal of instantaneous not only satisfies our inner Veruca Salt of Willy Wonka fame — “I want it now!” — but, in the lending world, also saves lenders valuable time and resources. However, the definition of “instant” has evolved over time.
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Feb 22, 2024 | 
cuinsight.com | Kerala Taylor |Becky Reed |Seth Brickman
All of us have our favorite brands, but why do we like them so much? Why do some brands resonate and others fall flat? “Brand” can be hard to pinpoint — there are as many definitions as there are blog posts, articles, and marketing experts addressing the topic.
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Feb 22, 2024 | 
cuinsight.com | Becky Reed |Randall Smith |Seth Brickman |John Dearing
Today, there are three types of federal credit union field of membership (FOM) charters: Single common bond with one occupational or associational group, multiple common bond, or community. Every credit union must adhere to these three requirements.
