Three marketing tips for 2023
January is one of the best months of the year. Fresh starts. New goals. Yearly predictions. The challenge, of course, is that by February fresh starts stall, new goals miss, and predictions fail. But when [...]
News Archives
Reframe your meetings to make them more productive
Some people love meetings, others certainly don’t. Regardless of your opinion, they purposefully bring people together and it’s up to leaders to ensure they are efficient and effective. In an article on Inc.[...]
CUInsight Minute with Alyssa Angurio – January 13, 2023
Welcome to the CUInsight Minute, sixty seconds from our Community and Marketing Coordinator Alyssa Angurio with our favorite reads from the week. Mentioned: How threat hunting can transform cybersecurity for credit unions by BRITTANY DEMENDI, [...]
3 things to know for tax season 2023
It's January, and that means tax season has arrived! This might make some people anxious and others excited. Either way, it means it's time to start gathering all that paperwork that you've been saving for [...]
How to change the world: A story of community perseverance and credit union collaboration
In the credit union industry, we maintain that our value to our members is a result of our status as cooperatives – we are our community’s not-for-profit, people-helping-people financial alternative and it’s because we [...]
How credit unions can retain and attract deposits in 2023
Challenges in growing and retaining deposits in a rising interest rate environment are creating liquidity pressures for many credit unions. For example, 30% of credit unions with $1 billion or more in assets now have [...]
58 young professionals selected to ‘Crash the GAC’
The 2023 GAC Crashers have been tapped from the largest applicant pool of credit union rising leaders in the program’s 14-year history. With 233 applications, the competition was tighter than ever before for the [...]
CFPB proposed rule targets nonbank contracts
The CFPB issued a proposed rule yesterday to require nonbanks subject to its supervisory authority to annually register with the CFPB regarding their use of certain terms and conditions in form contracts for consumer financial [...]
CFO Focus: Credit unions need to improve their efficiency and monitor their cost of funds
A critical issue for credit unions going forward will be the need to improve their efficiency ratios. A big focus in doing so has to be on more effective revenue generation rather than on cost [...]
IVRs: An important asset for your credit union
In today’s technology-driven world, many financial institutions are implementing the latest technology to keep up with the ever-evolving needs of their accountholders. While this is critically important, proven technology is also relevant and serves [...]
Credit unions ready to assist member debt
The price of household heating like kerosene and heating oil remains so high it makes sense that credit unions in Maine are witnessing a rise in loan applications from members hoping to install appliances that [...]
Risk Environment Part 1: How to turn the concept of adverse selection to actionable accountability
Recent economic conditions have significantly increased the likelihood of adverse selection. But what will separate FIs that thrive from those that merely survive? Informed risk management. Informed risk management requires a data-driven understanding of how [...]
3 Questions with Strum’s Rachel Jarvinen
CUInsight Publisher & CEO Lauren Culp is joined by Rachel Jarvinen, Client Success Manager at Strum for a quick interview with just 3 questions about Customer Data Platforms… Three questions: (0:26) What is a [...]
Four HR challenges credit unions face
Employment laws have become increasingly complex, requiring greater expertise and specialization from HR professionals. Finance is no exception; the Society for Human Resource Management found that financial services workers had the second-highest level of job [...]
How to rebuild credit
It can be disheartening to see your credit score drop after a financial setback. Whether you missed mortgage payments, made the hard choice to file for bankruptcy or faced something else entirely, these kinds of [...]