Is your credit union prepared for lower interest rates?
The next meeting of the Fed is on September 17-18 and chances seem high that they’ll be lowering interest rates. Lower interest rates have the opportunity to provide some much-needed…
Syndicated
Three ways you save money with a credit union marketing partner
Let's face it: running a credit union is no walk in the park. You're constantly juggling member needs, regulatory compliance and the ever-present pressure to stay competitive. Marketing often gets…
Investing in the next generation of financial leaders
With all the change in technology and evolving customer needs, one thing remains constant: the need for effective leadership. As financial institutions navigate through complex markets and unpredictable economic landscapes,…
Don’t drop the ball: How to handle the great wealth transfer while matching core credit union values
Over the next 20 years, around$84 trillionin assets will be passed on to heirs—this has been denominated the Great Wealth Transfer. $12 trillion of this will go to charity, while…
8 mistakes that will guarantee AI fails at your financial institution
Banks and credit unions venturing into the development of any type of artificial intelligence application need to go in for the right reasons, with reasonable expectations, and with their eyes…
Southeast credit union trade groups announce merger plans
Not only are credit unionsmerging with increasing frequency, the leagues and associations that serve them are joining forces too. In the most recent example, the League of Southeastern Credit Unions…
S&P 500, Nasdaq edge higher after services activity data
The Nasdaq and the S&P 500 inched up on Thursday after a services activity survey allayed some fears of a slowdown in economic activity, while focus continues to be on…
Hunt: Inaccurate credit union attacks help big banks and hurt consumers
In a swift response to misinformation about credit unions shared by the Tax Foundation on CNBC this week, America’s Credit Unions pushed back. “Continued inaccurate and misguided comments about the…
Don’t do half a credit union rebrand
Rebrands are extensive projects. You are keeping track of strategic considerations, a new name or logo and whether staff buys into the new brand. With much to do, it’s no…
A new era of easy money dawns as Fed nears first rate cut since 2020
The Federal Reserve is nearing the end of an era as the central bank looks to cut interest rates for the first time in four years. If the Fed eases…
Novel products, novel risks
The financial industry is no stranger to risk. Risk produces YIELD, and it turns out that responsible risk maximizes margins. This ... is banking. However, the emergence of digital assets…
Your credit union’s website is failing—A call-to-action on making your website seamless
Creating an effective and seamless user experience on your website is crucial,especially for credit unions. One of the most effective ways to achieve this is by placing calls-to-action (CTAs) above…
West Virginia bank sells to South Carolina credit union
For the first time ever, a West Virginia-based community bank plans to sell itself to a credit union. REV Federal Credit Union in Summerville, South Carolina, said it agreed to…
Virginia League member credit unions to vote on consolidating with LSCU
The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) and the Virginia Credit Union League (VACUL) have signed aletter of intent to consolidate,a plan that would bring together…
How to beat rising costs with an efficiency-driven culture
With operational costs rising—up nearly 6% over the past year—credit unions face the ongoing challenge of maintaining the efficiency needed to stay competitive. How can your credit union effectively transform…
Four developing payments stories that bankers must watch this fall
Payments and controversy didn’t take a summer vacation this year. Here are four controversial matters, three of whichThe Financial Brandcovered earlier this year, and where they stand now: Interchange class…
What’s the mortgage interest rate forecast for September 2024?
Buyers have faced unprecedented challenges in the real estate market since the start of COVID-19. Record low interest rates and low housing supply during the pandemicpushed home pricesto record highs,…
Wall Street kicks off September on downbeat note at start of data-packed week
Wall Street's main indexes fell over 1% as investors assessed latest factory activity data, with a slew of labor market reports due through the week that could influence the extent…
Life insurance: Cheaper than a night out (& more important)
In your 20s to 40s, life is all about new experiences—whether pursuing your career, starting a family, taking that bucket-list vacation, or simply enjoying the freedom of youth. With all…
This week: Primaries, comment deadlines, Caucus approaches
This week marks the last of the Congressional recess, with another primary election bringing voters to the polls. America’s Credit Unions PAC and the Cooperative Credit Union Association are supporting…
Banking transformed: A credit union’s journey to efficient, personalized lending
In this special eight-part series of the Banking Transformed podcast — recorded at MeridianLink® LIVE! and featuring MeridianLink® customers — industry leaders discuss their journeys, strategies, and lessons learned along their unique paths to…
Peach State, Pinnacle join forces in latest credit union tie up
Two Georgia-based credit unions are the latest toconsummate a merger. The $935 million-asset Peach State Federal Credit Union and the $88 million-asset Pinnacle Credit Union will merge effective Sept. 1.…
How to pay for your business undergraduate degree: A guide for students
Congratulations on deciding to pursue a business degree! The world of business offers a wide variety of career paths and the potential to make a real difference. However, the cost…