CU Management Editor’s Note: This is the first of a three-part series to help prioritize the burning issues that face credit union leaders, offering actionable tips to help grow wealth management departments. Among the [...]
Welcome to the world of credit union marketing, where the power to connect with your members is at your fingertips. Settle in. You’re in for a longer than usual, but well worth the read, [...]
Welcome to the Unraveling Cyber Defense Model Secrets series where we shine a light on Adlumin’s Data Science team and explore the team’s latest detections and learn how to navigate the cyberattack landscape. [...]
A healthy deposit inflow is the foundation of financial institutions. It provides the funding that financial institutions need to make loans, invest in securities, and provide other financial services. Without it, financial institutions can face [...]
Risk often comes in pairs, and right now, interest rate risk (IRR) and liquidity risk are the dynamic duo putting pressure on financial institutions’ balance sheets. In looking at paths to address these risks, the [...]
Recently, I was addressing nearly 300 credit union leaders at a conference, and I caught myself saying something that I thought bears repeating. The topic was Interactive Teller Machines (ITMs) and I was giving the [...]
Nearly half of credit union boards turn over every five years. As part of that trend, credit unions welcome, on average, at least one new member per year. Those findings from a recent CUNA study [...]
Working with a group of credit union leaders last week, hacking our way through the weeds of the exciting world of core selection, core conversion, and vendor consolidation, one of the senior executives asked a [...]
I love working from home. I could never say that before. I was pretty certain that I was powered by people. AND, truly I still am! It just looks different now. For the last 5 [...]
Join Carrie Hunt, President and CEO of the Virginia Credit Union League, for a discussion about state versus federal advocacy and policy priorities from state regulators and lawmakers versus the federal level. Dive into specific [...]
Around 90 percent of a loan lifecycle and engagement happens in the world of servicing, but no one really talks about it. From getting approved to taking a loan through the final stage of closing [...]
I’m generally not a bleeding-edge adopter of technology. But I’m no Luddite either. My preferred category is fast-follower. So, this whole AI, large language model of machine learning thing has finally gotten my [...]
Sens. Dick Durbin (D-IL.), Roger Marshall (R-Kan.), J.D. Vance (R-Ohio) and Peter Welch (D-Vt.) on June 7 introduced the Credit Card Competition Act (CCCA, S. 1838), which would require banks with more than $100 [...]
In an interview last winter, Bill Gates described Elon Musk’s decision-making style as “seat-of-the-pants” rather than based on “an objective set of measures done by a broad group of people.” The most prominent instance [...]
For credit unions to stay ahead of the curve in the rapidly changing and increasingly competitive world of financial services, they need to fully embrace and integrate digital solutions. Declining consumer satisfaction indicates that credit [...]
