Here's an uncomfortable reality that our Credit Union comrades must grapple with: a whopping 84% of digital transformations fail, according to Forbes. And this isn't just a Credit Union issue; it's an industry-wide epidemic, with [...]
Following the fall of Silicon Valley Bank, Signature Bank, and the more recent First Republic Bank, many feared that these three failures signaled an impending crash reminiscent of 2008. Government entities and financial institutions alike [...]
In this post, we tackle some of the most frequent forms obstacles faced by KeyStone users and provide quick and efficient solutions. Unexpected/Missing Form Field Value Solution: Review the FDF file In KeyStone, FDF [...]
Multibillion-dollar credit unions have the luxury of playing the numbers game and not having to hyperfocus on an ideal member. Those credit unions have the scale and the resources to truly serve as a community [...]
Bankers love to throw stones and call for Congress to revisit credit unions’ tax exemption. The Federal Credit Union Act was passed during the Great Depression, in 1934, with an amendment added in 1937 that [...]
Memorial Day marks the unofficial beginning of summer. Temperatures are pleasant. School is out with graduations and celebrations abound. Families are beginning their vacations, long days are spent at the swimming pool, and meals are [...]
Admittedly, I’m a bit of a grammar nerd, so imagine my delight at the preoccupation with pronouns in recent years. Despite renewed interest in grammar and grammatical terminology, however, I continue to see and [...]
The House is in Washington, D.C., this week, while the Senate is scheduled to be out for the next two weeks, but may return for debt ceiling votes. The House is scheduled to consider [...]
Federal Reserve Board of Governors Chair Jerome Powell and Federal Reserve Bank of New York President John Williams participated in a research conference Friday where they shared insights into interest rates and inflation. “Both Chair [...]
On May 3, Jerome Powell and the Federal Open Markets Committee announced yet another fed funds rate hike (25 basis points). This marks the 11th consecutive rate hike since March 2022, totaling 500bps over the [...]
Pressure on liquidity and noninterest income dominated discussions Sunday during the Finance Leader Exchange at the 2023 CUNA Finance Council Conference in Anaheim, Calif. Steve Arbaugh, executive vice president/chief financial officer (CFO) at $5.[...]
The urgent often fills credit union leaders’ time before they can even get to what’s important. We must shift the balance from overwhelming task saturation toward more strategic work and goals. In the current [...]
Is your credit union’s brand in great shape and driving growth? Or are you feeling growing pains and cultural disconnection? We’ve learned a financial brand’s wellness (and the culture that lives it [...]
Planning to recover from a ransomware attack is a challenge, but it shouldn’t be top of mind, according to CUES member JT Gaietto, chief security officer of cybersecurity firm Digital Silence, Denver, and a [...]
So, you’ve been watching HGTV lately and thinking about flipped houses. It seems like everyone wants to get in on the craze of buying a house, making a few improvements to it, and then [...]
