You’ll never get rich from a job
Jobs provide a sense of security. You can plan a budget around a paycheck, employer-paid health insurance provides a medical safety net, and a 401K helps secure your retirement. But if you dream of becoming [...]
News Archives
Be a differentiator: 5 simple ideas to help your credit union stand out
In today’s competitive environment of financial institutions, it’s difficult to stand out from the crowd - especially for the little guys. Big multibillion-dollar credit unions have healthy marketing budgets, marketing teams, business development [...]
Digital transformation: Do it now, and do it well
Digital transformation can seem a little daunting, overwhelming, or even a bit confusing. But digital transformation doesn’t need to be a massive, expensive project taken on all at once. In fact, it should be [...]
Facility Solutions: Get results from your realtor
Recent volatility notwithstanding, the economy is hot, driving credit union growth and increased real estate activity in branch network evolution and headquarters occupancy strategies. Commercial realtors are a key partner in these exciting, expensive and [...]
Vote for the 2018 CU Hero of the Year
Each year, Credit Union Magazine honors some of the credit union movement’s heroes—those individuals who relentlessly promote credit union philosophy, dedicate themselves to credit union principles, and make a difference in their communities. [...]
Prepare your credit union for digital disruption at NAFCU’s CEOs and Senior Executives Conference
"Most companies are simply not designed to survive." -Opening Keynote Speaker Mike Walsh We're in the midst of a second digital revolution—and it's loaded with forces that will disrupt your credit union in a [...]
Transformation and Growth: CO-OP shared branch enters a new era
Shared branching began with an undeniable idea: Individually, credit unions couldn’t provide competitive branch networks. But together, they could. Back in the 1970s and 80s, when shared branching took root, locations were everything – and [...]
Video, AI helps CUs step up digital banking offerings
How important is digital banking to credit unions? Three announcements, which focus on enhancing member experience and knowledge, include chronicling a digital transformation journey, chatbot integration and interactive mobile video banking. The $1.65 billion [...]
Curbing the CFPB watchdog
The Consumer Financial Protection Bureau (CFPB) has gone through some significant changes since the resignation of former Director Richard Cordray last November. Moving from continuously issuing regulations and enforcement actions, under its current leadership, the [...]
Too soon to trust blockchain?
This week we consider two sides of the same Bitcoin. On the one hand, blockchain technology has the potential to offer a whole new means of building trust with members. Its innate transparency makes it [...]
Customers are switching – is your credit union safe?
Lines. A generation ago, standing in line was routine for almost any sales or service-related activity: Checking out at the grocery store. Buying a ticket at the movie theater. Getting a cab from the airport [...]
Achieve more by helping less…
Folks know that I write this blog, so it isn't uncommon to receive a nice note from someone with a link to an interesting article. This might interest you, they'll say. A while ago, five [...]
The 1 thing all top performers have in common
A study out of UC Berkeley found that top performers all have one thing in common: an ability to persuade others. UC Berkeley management professor Morten Hansen discovered through conducting this study that those leaders [...]
CUNA talks regulatory relief with CFPB’s Mulvaney
Key CUNA staff met with Acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney Thursday to discuss ways to provide credit unions with regulatory relief. Ryan Donovan,CUNA Chief Advocacy Officer, and Leah Dempsey, Senior [...]
Learn your NCUSIF distribution with NAFCU’s calculator
Credit unions can learn the amount of the distribution they will receive from the National Credit Union Share Insurance Fund (NCUSIF) this year with NAFCU's updated SIF calculator (member only). The calculator reflects the latest [...]