In the time I’ve been in the credit union industry, I’ve presented, and held webinars and live streaming events more than 60 times to talk about social media. I say that because, I enjoy the heck out of social media strategy-building, engagement, trends...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
CFPB’s Unique Structure Does Not Render It Unconstitutional: Agency
The single-director makeup of the CFPB does not interfere with the president’s ability to perform his duties and therefore, it is constitutional, the beleaguered agency argues in its brief for a federal appeals court. “The Bureau’s structure does not...
Wisconsin Credit Union Buys Five Bank Branches
The $689 million Marine Credit Union in La Crosse, Wis., signed an agreement Tuesday to buy five retail branches of the $2.6 billion Bank Mutual Corp. in Milwaukee. Although financial terms of the deal were not disclosed, the deposit and loan relationships are $52.6...
Is Your Technology Working Against You?
Technology is meant to simplify things, make the financial advisory business more efficient and save advisors time. When Mike Damas set up his independent RIA firm Maryland Capital Advisors in 2005, he found that the technology system he’d invested in...
Hensarling to Cordray: You Should Be Fired
House Financial Services Chairman Jeb Hensarling (R-Texas) told CFPB Director Richard Cordray Wednesday that President Trump should fire him immediately for violations of federal law. Even before Cordray (pictured) began testifying at a sometimes-heated committee...
UPDATE: DOL Releases Its Delay of Fiduciary Rule
The Justice Department told a federal court on Tuesday that the Office of Management and Budget has concluded its review of the Labor Department's final rule delaying the implementation date of its fiduciary rule by 60 days — from April 10 to June 9....