News Archives

Balance sheet basics in a changing economy

Balance sheet basics in a changing economy

Interest rates and fixed costs are rising, liquidity is shrinking, and the U.S. economy is showing signs that it could soon slow down. These factors and others underscore uncertainty in today’s economic climate, [...]

If you hear something, say something

If you hear something, say something

The recent opinion piece written by Scott Butterfield that appeared on CUInsight regarding examiners of financial institutions contained some expressions that may have been heard before. Fortunately he prefaced his remarks by saying that “most [...]

Want to grow? Focus on member engagement

Want to grow? Focus on member engagement

Credit unions might be not-for-profit cooperatives, but the point of successful marketing is to increase your bottom line by growing your top line. That means paying attention to member engagement. Ultimately, your measure of successful [...]

Prioritizing member service leads small CUs to success

Prioritizing member service leads small CUs to success

As president/CEO of a small credit union, Lori Herrick said her credit union focuses on serving member needs. An that’s how Manchester Municipal FCU, Manchester, Conn., is able to run an in-house student [...]

NAFCU conferences see continued growth in 2019

NAFCU conferences see continued growth in 2019

Conference enrollment numbers continue to rise as NAFCU prepares to embark on the biggest CEO's Conference in the association's history. Held in Key West, Fla., NAFCU's CEOs and Senior Executives Conference (#CreditUnionExecs) goes from May [...]

Metro CU ‘CONNECTS’ with the community

Metro CU ‘CONNECTS’ with the community

Metro Credit Union, Chelsea, Mass., is part of a community partnership that provides its neighbors with resources and life skills to advance financial security. Since 2012, Metro has been a partner in CONNECT, a nonprofit [...]

Navy FCU sails past asset record

Navy FCU sails past asset record

For the first time in world history, a credit union has surpassed $100 billion in assets—and it continues to grow at a record pace. In the process, Navy Federal Credit Union has also entered [...]

Checking – Dead or alive?

Checking – Dead or alive?

The lowly checking account. Once the primary vehicle for member transactions, but now second fiddle to an assortment of payment alternatives. At least that is what many postulate and pronounce. Recently, we reported on the [...]

Digital banking transformation requires cultural reboot

Digital banking transformation requires cultural reboot

Virtually all financial institutions in the world are focused on making their organization ‘more digital’. From overhauling back office operations to leveraging new technologies to increasing customer engagement, the requirement to understand and respond to [...]