3 tips today to keep the debt away
Debt is the worst. Sometimes we build up debt due to emergencies or situations that are beyond our control. Sometimes we just buy too much stuff. Whatever the case may be, here are three things [...]
News Archives
I’ve got some questions about your plan to merge
What hole would it leave in your community if your credit union went away? How would your members’ lives change? These are insightful questions to ask when considering the future of any business. Too often, [...]
To win the war for talent focus on employee experiences
Credit unions are facing tight competition for both branch and operational staff. Society is changing and workers, especially those of younger generations, are developing higher expectations for work. They want more meaningful work, and they [...]
Stop telling girls that bossy is leadership
It was a week before Christmas, and my three kids were reenacting The Nutcracker in our living room when a fight broke out. My seven-and-a-half-year-old daughter, Olivia, started yelling at her younger brother because he [...]
CUs need to be included in the FHFA’s proposed small member goal
CUNA wrote to the Federal Housing Finance Administration (FHFA) Tuesday opposing its proposed Federal Home Loan Bank (FHLB) affordable housing goals regulations because they specifically exclude credit unions from being eligible to participate in the [...]
White House to work with Congress on housing finance reform
The White House will work with Congress to reform the nation's housing finance system and government-sponsored enterprises (GSEs), according to reports from the Wall Street Journal. NAFCU has urged the Trump administration and Congress to [...]
Nussle spreads the word on consumer consideration of credit unions
Credit unions need to work together to not only raise awareness, but to convince consumers to consider using credit unions to meet their financial needs. That involves communicating the value of what it means to [...]
Waters, McHenry appoint Financial Services Subcommittee members
The House Financial Services Committee Wednesday approved a plan to reorganize subcommittees—abolishing one, establishing another and renaming several. The panel also approved the appointment of subcommittee members. While the renaming of subcommittees is often [...]
A high-achieving strategy for your internal brand
We’re just a few weeks in, and already I have what may be one of my fondest memories of 2019. My daughter, Penelope, and the Beta Club at Mauldin Elementary School became Songfest Champions [...]
Federal shutdown silver lining: Credit unions plugged the holes before their members drowned in debt
The federal shutdown was a conundrum: Even as it dragged on for a record-setting 35 days, it was a fast-moving story in the media – and might be again in three weeks, when the temporary stay [...]
Seven strategies to improve employee experiences
In today’s tight labor market financial institutions are waging a war for both front and back of house staff. Creating great customer experiences starts with motivated and passionate employees both in the branch and [...]
Resolving negative accounts: Is it 45 or 60 days?
A frequently-asked question that the Regulatory Compliance Team sees is how long a credit union has to deal with a deposit account with a negative balance. The answer depends on what you mean by “deal.” [...]
How financial marketers can tap the surging mobile ad market
Nine out of ten U.S. adults own a smartphone and 58% own tablets. One out of five Americans are “smartphone only” internet users. Obviously marketing in mobile channels should be part of every financial [...]
How to keep flu season from destroying your body and your checking account
Ahh, flu season. It’s almost over, but cross your fingers if you haven’t experienced “the next morning” yet. You go to bed feeling great and you wake up feeling like you took a [...]
Talent management is tough, but there’s reason for optimism
The war for talent can feel like an overused buzzword these days, yet the battles you face in the hiring and retention trenches are real. U.S. unemployment is the lowest it has been in [...]