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Credit Union Technology

  • What is FFIEC – Everything you need to know

    January 21, 2016 0

    The FFIEC is the federal organization that defines standards and principals for financial institutions. These standards are usually based on NIST standards which is the federal technology agency that works with industry to develop and apply technology, measurements, and standards. […]

  • Social Media Strategy for your Credit Union

    November 4, 2015 0

    Social Media has become the go-to tool for all Credit Union Marketers looking to promote, expand member services. […]

  • The Basics of FFIEC Geocoding

    January 27, 2016 0

    Geocoding also refers to the word mapping. This is a unique system that offers services to the institutions related to the finance industry. Any country, state, division, census or address information or metropolitan are designated as a geocode. All of these get their reports of each and every information about any kind of loans. […]

  • Considering a Switch of Data Processing? Ask These Important Questions

    March 11, 2016 0

    In today’s ever-changing financial landscape, the board of directors must review important technology decisions that will position the bank for strategic success. One of those important decisions is when, and how, to replace legacy core systems. […]

Credit Union News

  • Average College Tuition Cost

    February 29, 2016 0

    The sticker price of a college education can be shocking. The worst part is the that it increases every year. The sooner parents and their children start researching financial aid, grant, and scholarship opportunities; the more likely they’ll be to save for college without falling deeply into debt. […]

  • Dear Creditor Please Work with Me

    May 24, 2016 0

    Dear Creditor, I’m so sorry I over bought beyond my limits. I promise to work with you if your can help me through the hard times. […]

  • Should Credit Unions Outsource Their Compliance

    April 7, 2016 0

    As the complexity and burden grows for Credit Unions so does the consideration to outsource your compliance staff, or to outsource many compliance functions to third party experts. The accuracy and timeliness of […]

  • What You Dont Know About Cash Advance Can Cost You

    February 2, 2016 0

    In simple terms a cash advance is a short term loan through your credit card or a payday lender. It is so convenient to simply go to the ATM or local Fast Cash lender and withdraw the money you need to pay for a child’s schooling, groceries or an emergency repair. […]