Full of faith in faith-based credit unions and collaboration
The Faith Based Credit Union Alliance that I co-chair has 23 credit union members, mainly in the Chicago area, but now also in Indiana, Kentucky, Louisiana, New York and Texas.…
Syndicated
Team building from within
What does it take to have a team with great team spirit and teamwork? Some leaders take team building to an unnecessary level. You don’t need to hire a firm…
Another exciting Monday at #CUNAGAC!
Day two of #CUNAGAC started like a party with a caffeinated crowd of almost 6,000 CU advocates! The #CUNAGAC general session is almost underway! Follow along, tweet with us, and…
SCOTUS will hear challenge to CFPB funding mechanism
The Supreme Court announced Monday it will hear a lawsuit challenging the funding mechanism of the Consumer Financial Protection Bureau (CFPB). The 5thU.S. Circuit Court of Appeals found the CFPB’s…
NAFCU’s Berger: Efforts to restrict interchange are the height of hypocrisy
NAFCU President and CEO Dan Bergersent a letter to CongressFriday detailing the credit union industry’s total opposition to any efforts to impose restrictions on interchange in light of the potential…
Forged in the civil rights movement, still highly relevant today
$5 millionSixth Avenue Baptist Federal Credit Unionwas founded in 1963 in Birmingham, Alabama. Among many historic moments, Dr. Martin Luther King, Jr. preached the installation of the new pastor, Dr.…
The science of strategy: Keeping the well wet
Let’s talk about science, or more specifically, your psyche. Yes, this blog that is generally about finance is pivoting for just a moment, but bear with me, we’ll get back…
Keeping you on the map in the evolution of money
As the competitive landscape shifts from traditional electronic transactions to modern digital engagement, and money merges with the internet becoming a streaming phenomenon just as music, movies, and mail have…
Liquidity: As explained through Black History
In honor of Black History Month and the newly releasedNCUA Supervisory Priorities, I thought it’d be perfect timing to tackle a topic that’s on most credit union professionals’ minds: liquidity.…
Fintechs team with credit unions to deliver banking’s ‘marketplace model’
Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due to prevailing macroeconomic headwinds. PSCU…
It’s time for #CUNAGAC 2023!
Monday looks to be a big day for CUs as 5,500 folks from the credit union community are registered to attend the 2023 CUNA Governmental Affairs Conference. Monday's General Session…
Can’t make it to D.C. for 2023 CUNA GAC? Here’s how to follow
The 2023 CUNA Governmental Affairs Conference kicks off next week, and there are many options to follow along with the week’s activities for those not headed to Washington, D.C. Registration…
NAFCU Reg Alert details NCUA’s FOM proposal
NAFCU sent members aRegulatory AlertThursday, detailing the NCUA’s proposed rule to reform several of the agency’s field of membership requirements (FOM) and definitions. The NCUA Boardunanimously approvedissuing the proposal during…
They have faith in their finances—and strive to help others
In June 1952, what’s now $19 millionFaith Community United Credit Unionformed as Second Mt. Sinai Baptist Church Credit Union to serve the members of the Cleveland-based church by the same…
VIDEO: Weekly Wrap-up Feb. 20-24
Whether you're on your way to Washington, D.C., or planning to follow the2023 CUNA Governmental Affairs Conference (GAC)from home, prepare for the annual advocacy event with all the latest content…
Inside the Elan Client Resource Center: 5 key engagement features
The Client Resource Center (CRC) is an exclusive, best-in-class portal available to all Elan credit card partners. The CRC features engaging marketing capabilities that are critical to program success. The…
CUNA GAC is almost here!
Is it just me, or is there something in the air in the days leading up to the CUNA Governmental Affairs Conference? The first sight of the Walter E. Washington…
The top ways to support the financial wellness of your account holders
In this era of uncertainty,77% of Americans recently reportedfeeling anxious about their financial situation. Many account holders rely on their Financial Institution (FIs) as trusted advisors, and want them to…
Ways to improve the customer experience for credit union members
Meaningful customer experience continues to be a determining factor when consumers look for a primary financial institution. According to a J.D. Power2022 study, customers are more satisfied with banking's performance…
What is mortgage insurance?
Private mortgage insurance (PMI) is insurance for your mortgage holder or lender, not for you, the homebuyer. PMI protects your lender in case you are unable to make payments on…
Don’t neglect the power of combining strategy and story
Stories have connected people for thousands of years. Even before written language, we told stories and in today’s digital age, there are so many ways to share them. Technology has…
DEI is in credit unions’ DNA, at CUNA GAC and beyond
Diversity, equity and inclusion (DEI) is in the DNA of the credit union movement. CUNA works to advance it within our organization and we support and amplify credit union and…
NAFCU’s Berger, NCUA Vice Chair Hauptman meet on top CU issues
NAFCU President and CEO Dan Berger met with NCUA Board Vice Chairman Kyle Hauptman Wednesday to discuss multiple topics of interest to credit unions, including the federal credit union (FCU)interest…
On Compliance: CFPB could propose giving big tech access to credit unions’ core systems
TheConsumer Financial Protection Bureauis in the process of writingnew regulationsthat will likely mandate a de facto “open banking” system where financial technology companies have virtually unrestricted access to credit unions’…