I like big budgets and I cannot lie
Congratulations on surviving the “Great Resignation of 2022!” You’ve most likely spent more time and money to fill those openings than you realize. It’s not just the cost of recruiting, but the hours [...]
News Archives
The interchange fight continues
The CUNA-League system continues to fight against the Big Box Bill, heading off misguided and ill-informed arguments in favor of telling policymakers the very real consequences for everyone but the big box retailers. This week, [...]
NCUA seeks feedback on raising operating fee exemption threshold
The NCUA Board Thursday issued a notice and request for comment (RFC) on adjustments to its operating fees methodology as it considers raising the exemption threshold for federal credit unions (FCUs) that pay operating fees [...]
Gender-based perceptions of empowerment, development and access at credit unions
There are forces at play keeping your organization from reaching its peak effectiveness. These forces have roots deeper than your previous CEO’s leadership style and are more profound than any strategic decision your leadership [...]
Budgeting benefits help appeal to 23% of consumers who don’t have credit cards
If you’re reading this, chances are you have a credit card, as nearly 200 million Americans do — with many holding more than one. And those cards are getting more use than ever, especially in [...]
Managing and paying off debt
Americans like to spend money. Most of us have an average of four credit cards in our wallets. Many of us use them to pay for things we don’t really need but think we [...]
Algorithm-based overdraft protection lacks disclosure and transparency
There’s no doubt that algorithms can reach levels of analysis that humans alone can’t make. In banking, Artificial Intelligence (AI) might identify fraudulent activity or improve fair lending practices — both of which ultimately [...]
How financial institutions can get the most out of FedNow℠
With the FedNowSM Service launch right around the corner, financial institutions (FIs) need to be prepared to take advantage of the opportunities it offers. FedNow is a real-time payment service backed by The Federal Reserve [...]
View From the Board: AFFCU levers scholarships & financial ed to help military families & dependents
Air Force FCU (AFFCU) was established in 1952 by 10 air- men on JBSA-Lackland. Over the 71 years, AFFCU has grown to serve the diverse needs of over 52,000 members worldwide with a full [...]
Embracing digital transformation
It’s no secret that technology is transforming and shaping the financial services industry day-by-day. Most modernization is welcomed with open arms by both credit unions and the members they serve. However, since a road [...]
CUInsight Weekly Minute with Robbie Young – June 23, 2023
Welcome to the CUInsight Minute, sixty seconds from our VP & Associate Publisher Robbie Young with our favorite reads from the week. Mentioned: Learning from the leaders: Insights on credit union growth Part 2 by [...]
The CFPB’s track record of doing more harm than good
Credit unions play a vital role in providing financial services to more than 137 million Americans, but their ability to serve their members has been obstructed by the nonstop, burdensome regulations imposed by the Consumer [...]
Build experiences your way
The “Credit Union Difference” is all about the human touch. It’s in creating experiences that members enjoy and make them feel personally valued. It is built on a commitment to helping members achieve more [...]
Is cohort training a silver bullet?
Early on in my career, I remember attending an all-day new manager training. It was in-person, hosted by a big-name provider, and the course description assured my employer that I’d be skilled in all [...]
AI writing tools are the coolest … until they aren’t
Can you feel it? We’re in a bubble, and it is expanding rapidly. What makes up this enveloping sphere? AI writing tools. ChatGPT-powered chatbots. Incredible technology, right? It’s sci-fi, made real! Finally, we [...]