Lessons from famous failures
Bill Gates Yes, that is right, the richest and most charitable man in the world was a failure. His first company was Traf-O-Data. Catchy name right? Its product was a device that could read raw [...]
News Archives
“Good 2 Gross”: Credit unions are the answer for Wells Fargo customers jumping off the stage coach!
Recent admissions by Wells Fargo Bank employees that they were opening un-authorized accounts, committing fraud and invasion of privacy on their customers has rocked the financial services world leading to congressional and department of justice [...]
3 ways to better market your auto loans
Rising competition in the auto lending industry and interest rates that continue to nose dive make it more and more challenging for lenders to stand out to new—and sometimes even existing—borrowers. While some [...]
Another fintech startup, Point, looks to disrupt traditional mortgage concepts
Fintech startups are continuing to come at a furious pace. These days, it seems like nearly all innovation is occurring outside of the industry and causing a thousand small cuts on the highly regulated credit [...]
5 communication tips for leaders
Connect with your team As a boss, you can shy away from being too friendly with you team. While keeping it professional is important, it’s not a bad idea to bond with your team. [...]
How to survive a layoff
Surviving a layoff isn’t easy and can be as damaging emotionally as it is financially. Here are a few steps to help you through this difficult time. Do all you can before you go [...]
How managing your marketing and PR efforts is like having braces
That’s right. I compared marketing and communications efforts to wearing braces. Stay with me here. I have #adultbraces. It’s painful, awkward, time-consuming and annoying. But the end result will be (better be!) straight [...]
A sales audit for your credit union
Audits are an ordinary part of a day in the life of your credit union; they are a measure of effective internal controls and procedures. However, when is the last time you audited your sales [...]
What credit unions can learn from BancorpSouth fair lending woes
BancorpSouth Bank, headquartered in Mississippi, took a $10.6 million misstep when its mortgage lending practices allegedly discriminated against African-American consumers. While the bank has not admitted to the allegations, it did agree to a [...]
The real cost of a teen driver
Your insurance will go up This is kind of a no brainer and you’ve probably been mentally preparing for it for some time now. But just how much is it going to increase depends [...]
Remembering Arnold Palmer: 12 inspiring quotes to live life to the fullest
Professional golfer, businessman, pilot, icon and trailblazer, The King was accredited with many accomplishments during his long and full life. The man was so intriguing that the drink he often ordered in the clubhouse became [...]
Trump’s furious fans: How credit unions can reclaim the working class
“You know taxes are illegal, right? It’s just modern day slavery,” the young man earnestly told his dad, as I eavesdropped from my neighboring booth in a local diner on Saturday morning. Fifty years [...]
Social media lessons from the Kardashians
Who are the Kardashians? I am willing to bet my monthly salary that you know who they are, whether you are a male, female, parent, or grandparent. Why? Because they are EVERYWHERE. No, they haven’[...]
Leverage Biz Kid$ in your financial education outreach
What if your credit union could have a youth financial education resource that involves video entertainment, a robust curriculum, games, teacher and parent tools and is mapped to state and national financial literacy standards? Well, [...]
5 money problems most people deal with
Not using debt correctly All debt isn’t necessarily bad. Debt is useful when getting your education and even when hard times hit. If you take on too much debt you could put yourself in [...]