Put purpose at the center of strategy
Your credit union’s purpose matters. Organizational purpose is not just an abstract concept. It is the reason an organization exists. Your purpose is the call to action for your credit union to serve and [...]
News Archives
CFPB issues analysis of HMDA data points
The Consumer Financial Protection Bureau (CFPB) Thursday issued a new Home Mortgage Disclosure Act (HMDA) analysis of the 2019 HMDA Data. This data article is the second in a series and follows the first article [...]
FHFA extends GSE loan forbearance policy through Sept. 30
The Federal Housing Finance Agency (FHFA) Wednesday announced an extension of its temporary policy allowing the government-sponsored enterprises (GSEs) to purchase certain single-family mortgage loans in forbearance. The policy, originally set to expire Monday, has [...]
On Compliance: A new era dawns for community fields of membership
Recent updates to the National Credit Union Administration’s Chartering and Field of Membership Manual have the potential to revolutionize community chartering for federal credit unions, especially those that are based in the 29 metro [...]
Helping employees with this most unusual back-to-school season
Our C-suite began discussing the potential impact that the altered back-to-school plans could have on our organization a couple of months ago and, in the beginning, there were a lot of “what if” scenarios. Getting [...]
Creating a culture of workplace safety for your employees
When you own or run a business, ensuring the safety of your workplace and employees is a top priority. Improving safety at your business is one way to help mitigate risk and provide a positive [...]
Are you appearing online for every credit union service you offer?
Take out your phone and pull up your favorite maps app. Search “mortgage lending near me.” Now search “car loans in (your city, state).” Do you see your credit union? If the answer is no, [...]
How to recruit the next generation of credit union leaders
This summer, CreditUnions.com published a four-part series asking established industry professionals for their thoughts on how credit unions can attract up-and-coming leaders to their workforces. Now, it’s time to hear from these emerging [...]
Using analytics to help members in times of crisis
Join our conversation about how to create an adaptable data analytics strategy to guide your credit union through times of crisis. The financial impact across member segments can vary widely as we’ve seen from [...]
8 tips for communicating effectively with members remotely
There’s no way around it—communicating via remote channels can be awkward. Social distancing measures put in place to help slow the spread of COVID-19 have created communication obstacles for credit unions in 2020. [...]
Coronavirus destroyed your credit union’s marketing budget. Here’s what to do about it
Part of a marketer’s job is to be creative. It is equally, if not more important, for credit union marketing to help the credit union reach its strategic goals through creative ideas. That has [...]
Diversity, equity, and inclusion in credit union leadership matters
In the wake of the death of George Floyd at the hands of Minneapolis Police, leaders in many industries, including the credit union industry, have had conversations and made public statements committing to reduce unconscious [...]
Where’s my mentor?
It’s not unusual in life to be caught between two stages. Tweens straddle the line between young childhood and the teen years. It happens again when you’re old enough to vote but can’[...]
NCUA warns credit unions in path of Hurricane Laura to prepare
Credit unions in the path of Hurricane Laura are advised to take precautions as the storm intensifies in the Gulf of Mexico, NCUA said Wednesday. “Credit unions in Hurricane Laura’s path should to take [...]
NAFCU recognizes 2020 Annual Award winners for outstanding achievements
NAFCU Tuesday announced the eight winners of its 2020 Annual Awards, which honor member credit unions and credit union professionals and volunteers for excellence and achievement in the industry. This year's awards recognized the CEO [...]