Yet another study is showing that money isn’t the only thing that can make a worker stay — and it’s not even at the top of the list for many employees. The main ingredients to crafting a successful culture are purpose, opportunity,...
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?
University Credit Union Names New CEO
The board of directors for the $616 million University Credit Union in Los Angeles said last week David Tuyo was named its new president/CEO. He succeeded Paul Yang who was appointed president/CEO at the $996 million Credit Union 1 in Anchorage, Alaska in December....
Keeping Tabs on MBL Rule Implementation: Onsite at CUBG
NCUA Board Member Rick Metsger talks to CUBG conference attendees about new MBL rules and changes at the NCUA. PORTLAND, Ore. – In a closing session at the 2017 CUBG Annual Conference Wednesday, NCUA Board Member Rick Metsger said the NCUA is taking an active...
DOL Releases New Fiduciary FAQ on Retirement Plans
ERISA attorneys are applauding the Department of Labor's just-released FAQ guidance on its fiduciary rule. “We are generally pleased,” said Steve Saxon, partner at Groom Law Group. “The 408(b)(2) guidance just makes good sense because the DOL was...
Successful Branch-Based Small Business Programs: Onsite at CUBG
Jim Hanson of JDH Consulting discusses why credit unions should implement a branch-based small business program. PORTLAND, Ore. – Despite the perception that small business owners wouldn’t think of looking to credit unions for financial services, credit...
Wealth Management Firm Buys California CUSO
CUSO Financial Services and its sister company, Sorrento Pacific Financial, in San Diego, Calif., signed an agreement last week to be bought by Atria Wealth Solutions in New York, which is backed by a private equity firm. As part of the agreement, Atria will be buying...