How to fight analysis paralysis and regain control
The coronavirus pandemic changed life as we know it, essentially overnight, from the way we do business to the strategies and plans we had put in place at the beginning ...
The latest from John Pettit
Debit growth trends key to credit unions’ future success
In a previous blog, “How COVID-19 Has Elevated the Role of Debit and Checking,” I shared my perspective on the stunning growth of debit cards and their underlying performance factors, ...
NCUA issues risk alert on COVID-19 related fraud
NCUA issued a risk alert (20-RISK-02) highlighting the risk of fraud associated with the COVID-19 pandemic. Scammers are attempting to take advantage of opportunities made possible through new or expanded ...
SBA releases more info on PPP appeals process, forgiveness FAQs
The Small Business Administration (SBA) has issued an interim final rule (IFR) detailing the process for paycheck protection program (PPP) borrowers to appeal loan forgiveness application decisions. In addition, the ...
CFO Focus: Two flawed liquidity risk measurements
The four most commonly used liquidity measurements are the liquidity ratio, cash flow modeling, the net non-core funding dependency ratio and funding concentrations. Can you guess which among these is “...
Do the work to innovate
Industry innovation is often sought after, but rarely attained. That’s because it doesn’t work unless you do. Innovation starts as an attitude, with the willingness to openly welcome ...
Ice cream and philanthropy? Dairy Queen has the answer
Like everyone, we know credit unions love two things: ice cream and giving back. Dairy Queen can help you do both at once! Make your summer extra sweet by helping ...
5 ways to enhance your online member support (without busting your budget)
If there’s one thing we’ve heard over and over from our credit union community, it’s that members are reaching out for support and using digital banking tools ...