5 things every credit union board wants for their 2015 budget

first_img 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Kirk DrakeIn my experience there are three things that every board wants.  Less Risk, More Profits, and More Predictability.  The good news is that as financial institutions you are pretty good at all three of those.  That being said – board members should be pushing their management teams to have defined strategies for the following five areas:Mobile Wallet StrategyIntegrated and Holistic IT SecurityContent MarketingData AnalyticsCUFXMobile WalletGoogle Wallet, CurrenC, ApplePay, ISIS, PayPal, AmazonPay.  The world of payments disintermediation is coming.  Smart phones are changing our shopping and payment experience.   Credit Unions board should be a demanding a mobile wallet strategy and plan that enables the credit union to maintain its brand and relevancy with its members.  It should have the ability to create new revenue channels, lower risk, and work for ALL members with SmartPhones. continue reading »last_img read more

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NAFCU to FCC: Clear up TCPA uncertainty for CUs

first_imgNAFCU asked the Federal Communications Commission (FCC) to clear up confusion surrounding the definition of an automatic telephone dialing system (ATDS) in light of recent court decisions so credit unions can contact their members without fear of inadvertently breaking the law.The association’s call for action and rulemaking was sent Tuesday to FCC Chairman Ajit Pai, whom NAFCU President and CEO Dan Berger met with in May to discuss the commission’s approach to Telephone Consumer Protection Act (TCPA) rulemakings. The letter was also sent to Commissioners Michael O’Rielly, Brendan Carr, and Jessica Rosenworcel.NAFCU’s letter, sent by Executive Vice President of Government Affairs and General Counsel Carrie Hunt, explains that the FCC’s 2015 order “created an environment that produced absurd results and lined the pockets of plaintiffs’ attorneys seeking to take advantage of a vague statute and the Commission’s expansive interpretation.” continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Governor Wolf Orders Commonwealth Flags at Half-Staff to Honor Retired Justice Nicholas P. Papadakos

first_img SHARE Email Facebook Twitter Flag Order,  Press Release Harrisburg, PA – Governor Tom Wolf has ordered commonwealth flags to fly at half-staff on the Capitol Complex and throughout the commonwealth to honor Retired Justice of the Supreme Court of Pennsylvania, Nicholas P. Papadakos.Justice Papadakos, 92, passed away on Monday, September 11, 2017. He retired from the Supreme Court in 1995 after serving 11 years. Before that, he was an Allegheny County judge for eight years.The Commonwealth Flag shall remain at half-staff until sunset on Wednesday, September 20, 2017. The United States Flag should remain at full-staff during this tribute. Governor Wolf Orders Commonwealth Flags at Half-Staff to Honor Retired Justice Nicholas P. Papadakoscenter_img September 15, 2017last_img read more

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