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Goldman's Consumer Lending Platform Could Be a Wake-Up Call for CUs

Credit unions may not face significant competition from Goldman Sachs’ entrance into consumer lending, but analysts say it should serve as a wake-up call for how CUs market personal loan products.

WOCCU Unveils Social Media Platform Designed Specifically for CUs

The World Council of Credit Unions has launched a social media app aimed at bringing together the global credit union community, but questions remain about whether or not it will catch on.  more »

Corporate Recovery Litigation Has Cost More Than $1B: NCUA

Legal fees for lawsuits against the banks and securities firms that sold the faulty mortgage-backed securities that led to the corporate credit union meltdown have eaten up more than 20% of total recoveries.  more »
FinTech Forward
How Diverse is Your CU?
This video from NCUA introduces the regulator's new diversity self-assessment checklist to help credit unions can improve their diversity efforts. The assessment has no bearing on an institution's CAMEL rating and is not part of the exam process.