CUInsight Weekly Minute with Jen McFadden – June 24, 2022
Welcome to the CUInsight Minute, sixty seconds from our director of marketing, Jen McFadden with our favorite reads from the week.
Mentioned:
The CUInsight Experience podcast: Carol Marx – Grassroot service (#137)
by RANDALL SMITH, CUInsight
My guest on today’s show is Carol Marx, President & CEO at the Hawaii Credit Union League. Carol worked in financial services for over 30 years and has recently made her way to credit unions. She expresses her excitement about taking on this role and being involved in the credit union movement. Carol talks about credit union values and how they are reflected through the work performed within communities. (read more)
As Inflation Rises, Credit Unions Remain the Backbone for American Consumers
by DAN BERGER, NAFCU
The May 2022 consumer price index report revealed that inflation rose to its highest level since 1981. Immediately following this report, the Federal Open Market Committee raised the federal funds target rate by 75-basis points to a range of 1.5 to 1.75 percent, the biggest rate hike we’ve seen since 1994. Additionally, the Summary of Economic Projections in May revealed the Fed will likely raise the target rate by another 175 basis points to 3.4 percent by the end of the year. (read more)
Marketing Automation vs. MCIF: What CUs need to know before they invest
by EMILY FAGAN, SEGMINT
Are you still looking for a marketing customer information file, or MCIF, vendor to help you harness the power of your data? If so, it’s great you’re thinking about ways to use technology to enhance the member experience … but you could be doing a lot more. (read more)
