News Archives

Peace, love, and credit unions

Peace, love, and credit unions

"Hippie" values are back, and it's time for credit unions to dig out those old tie-dyed tees and headbands and get ready to group-hug a whole new generation. Millennials (approximately speaking, people 18-36 years old) [...]

Aging credit union membership

Aging credit union membership

Credit unions face an aging membership base. At the recently held immersion18, Trellance’s annual conference, a survival guide was presented for credit unions to prepare for and counter this trend. The average age of [...]

Disruptive community building

Disruptive community building

Allegacy Federal Credit Union in Winston-Salem, N.C., has entered into a partnership—believed to be the first of its kind in the country—to improve both the physical and financial well-being of its community. [...]

Many potential risks for issuers

Many potential risks for issuers

A Supreme Court ruling allowing gambling on sports at the state level is raising the ante on a wide number of issues for any credit union that issues plastic cards. Financial institutions will need to [...]

Reinvention through merger

Reinvention through merger

The most recent episode of the CUES Podcast, discusses a unique merger with the leaders of $488 million 4Front Credit Union, Traverse City, Mich. Many times credit unions merge because of shrinking membership, loss of [...]

How to win the payments race – a PFI playbook

How to win the payments race – a PFI playbook

Being your members’ primary financial institution (PFI) is about serving them where they live their financial lives. As mobile and digital innovations continue to transform the consumer landscape, what members expect from payments is changing. [...]

CU-backed candidates see wins in AL, CA, MS, and NJ

CU-backed candidates see wins in AL, CA, MS, and NJ

Credit union-supported candidates found success during Tuesday’s primaries across eight states, including several in notable and competitive races. Candidates are supported by state leagues, CUNA and the Credit Union Legislative Action Council (CULAC), CUNA’[...]

CFPB to reorganize CUAC, form new, smaller advisory groups

CFPB to reorganize CUAC, form new, smaller advisory groups

CFPB Acting Director Mick Mulvaney announced a reorganization of the bureau's councils and advisory boards – including the Credit Union Advisory Council (CUAC). NAFCU has told Mulvaney of the value of the CUAC and hopes the [...]

3 ways partnership is the new leadership

3 ways partnership is the new leadership

“Is Partnership the New Leadership?” will be the focus of a session at CUES’ Execu/Net in August in Sedona, Ariz. When I reflected on this interesting question, I immediately thought of three ways that [...]