It’s not too many meetings. It’s a preparation thing.
How often have you said, “I’m in too many meetings,” or thought, “This meeting could have been an email”? What causes people to feel like this? Of course, a variety…
Syndicated
Markets are adjusting to stubborn inflation. Election noise could spoil the calm
It’s been smooth sailing for stocks in 2024. The S&P 500 has gained nearly 15% and has been on a steady upward trend for the past two months. Treasuries have…
Connecticut credit unions finalize 2025 merger plans
Nutmeg State Financial Credit Union in Rocky Hill and First Bristol Federal Credit Union in Hartford said this week that First Bristol members approved the merger of the two institutions.…
CU-bank deals on pace to shatter all-time record volume
Few issues raise the ire of community bankers as much as credit unions buying banks. And with the halfway mark of the year right around the corner, 2024 is on…
US weekly jobless claims drift lower
First-time applications for U.S. unemployment benefits drifted lower last week, which could allay fears of a material shift in the labor market. Initial claims for state unemployment benefits dropped 6,000…
Credit union supporters win Tuesday in CO, NY, SC, and UT
Credit union-supported candidates saw success in Tuesday’s elections in Colorado, New York, Utah, and South Carolina. America’s Credit Unions PAC and state Leagues supported 34 candidates, with one loss and…
Are you saving money in the right place?
If you’re working toward a savings goal, you have many options for where to put your cash. Savings accounts, certificates of deposit (CDs), money market accounts, cash management accounts and…
Developing an intentional culture with guest Bill Partin
I had the immense pleasure of sitting down withBill Partinfor this episode. Although briefly retired, Bill is the CEO ofSharonview Federal Credit Union, and his journey from a brief retirement…
Why and how to foster employee engagement
The banking industry is complex, dynamic, and competitive. For credit unions to thrive, they need a skilled and engaged workforce. They need employees who feel invested in the success of…
Realizing homeownership dreams among millennials & Gen Zers
The American Dream of white picket fences surrounding perfectly manicured lawns and well-kept 2-bed, 2.5-bath houses may be a bit of a generalization, but there’s no denying that the common…
Visa, Mastercard $30 billion swipe fee settlement rejected by US judge
A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa, opens new tab and Mastercard, opens new tab agreed to limit fees they charge merchants that…
Great credit union marketing: Defined
If we’re going to define great credit union marketing, we must also define bad credit union marketing. So, what is “bad” credit union marketing? “Bad marketing is about you, your…
N.Y. court rejects settlement in interchange lawsuit
The Eastern District Court of New York Tuesday issued an order rejecting a $30 billion settlement between U.S. merchants, Visa, Mastercard, and other financial institutions,according to reports. The settlement involves…
How do loan delinquencies affect your business?
In today’s shifting consumer finance market, loan delinquency remains a significant concern for both lenders and borrowers alike. As economic conditions fluctuate and societal dynamics shift, understanding the intricacies of…
Good Governance: Who needs a shadow board?
I read with interest aFortunearticle entitled “Companies are turning to ‘Shadow Boards’ to keep in touch with the real world.” The author, Lila MacLellan, defines a shadow board as “a…
Navy Federal and Stride Bank’s CMOs reinvent their roles. Here’s why—and how
Highly specialized neobanks. Embedded finance and banking as a service. The movement of consumers to online and mobile channels. Ever-expanding tech stacks. And, of course, generative artificial intelligence. The fire…
US consumer confidence ebbs slightly in June
U.S. consumer confidence eased slightly in June amid worries about the economic outlook, but households were upbeat about the labor market and their inflation expectations over the next year improved…
US home prices smashed another record high in April
Home prices reached a new record in April amid an ongoinghousing shortage, even as high mortgage rates pushed affordability out of reach for more Americans. Prices increased 6.3% nationally in…
America’s Credit Unions offers recommendations for NCUA records preservation program
America’s Credit Unions Regulatory Advocacy Senior Counsel Luke Martoneoutlinedseveral recommendations for the NCUA’s existing records preservation program requirements, noting that updating the regulations “to address these general issues will go…
Supporting Senate bill to halt the Fed debit interchange rule
We were proud to support the introduction of a Senate bill this week to halt implementation of the Federal Reserve’s debit interchange proposal until its impact can be studied. Thank…
Newton’s three laws of credit union leadership
Maybe leadership is more of an art than a science, but that doesn’t mean there isn’t a certain physics to it. You employ your energy as a leader in productive,…
Apple shifts focus as it drills deeper into payments
The payments moves that Apple announced at its June 10 annual developer conference are being hailed as competitive coups on multiple fronts — one-upping Visa’s announcement of its Visa Flexible…
Women in US have just 1/3 of men’s retirement savings, Prudential report says
Women in the U.S. have saved just a third of the amount that men have set aside for retirement, setting up a potential crisis among female retirees, according to a…