Vendor Management: A fit solution for every credit union

Credit unions are under increased pressure to find ways to better manage third-party vendor relationships. To maintain compliance, credit unions need to have systems in place to ensure that they meet standards for managing their third-party agreements. A sound contract management system will provide peace-of-mind when preparing for your next exam, without draining the vital […]

NCUA head taps liaison to DCUC, invites input on exam revision ideas

National Credit Union Administration Board Chairman Rick Metsger announced Friday that board member J. Mark McWatters will serve as the agency’s liaison to the Defense Credit Union Council, which represents the interests of credit unions operating on military installations world-wide. “I am looking forward to working with the members of the Council, which serves the […]

Embracing digital solutions may mean capturing lost revenue

With data breach issues ever-present in the news, reluctance to move forward with new digital technology might actually cost credit unions and other financial institutions. Due to competition from new fintch company apps and other longtime high-tech players, the cost could amount to 70 percent of a potential $400 billion in revenue over the next […]

New home sales on the upswing in April

Brand new residential real estate is a hot commodity now, as confirmed when the Commerce Department announced Tuesday that new home sales increased 16.6 percent last month to a seasonally adjusted rate of 619,000, up from a revised total of 531,000 in March. In April, new home purchases were up to the highest level since […]

CO-OP Financial Services Welcomes New CEO

Todd Clark will become the new president/CEO of CO-OP Financial Services effective June 27, according to Jeff Napper, chairman of the board of directors of CO-OP. Clark succeeds Stan Hollen, who is retiring after 11 years with the organization. “After a nationwide search, the Board of Directors is delighted to report that Todd will be […]