In benefits administration, as in life, mistakes happen. In spite of employers’ best efforts to facilitate a successful open enrollment, a few employees will inevitably miss the deadline or accidentally elect the wrong benefits. While [...]
Being passionately curious and taking risks are just two of the key lessons that John Davison, Program Director at WHWK taught me when I was a teenager. I've carried those lessons and so many more [...]
We all know brands that stand out, tap emotional connections and build legions of raving fans. Differentiation for them seems almost effortless. They often define their category—or even create a new one. We refer [...]
It’s that time of year! Credit Unions are holding planning sessions to develop the 2023 Strategic Plan. Is your plan going to ensure your credit union survives and thrives? Or is it more of [...]
The CDFI Fund should consider all MDI credit unions to be Minority Lending Institutions (MLIs), three credit union trade groups told the Treasury Department last week. “This would spare MDIs additional reporting to maintain their [...]
It is the most wonderful time of the year! With the holidays around the corner and wintery weather soon to follow, what better way to stay warm then to cozy up to a fire with [...]
I think we all know why retirement is great in theory. You don't have to work. You have more time to do the things that you want to do. You can spend the golden years [...]
Credit unions are all about the mission. Built on the common value to promote the well-being of consumers and members by providing affordable access to financial services, they are focused on a member-first culture. It’[...]
Most states are not requiring financial literacy courses in public high schools. Interestingly, the National Endowment for Financial Education (NEFE) found that nearly all adults thought it should be in the curriculum. Lucky for us, [...]
In a previous article, Crypto custody – Present & future, I discussed the varying approaches a credit union can take in the custody of digital assets for its members. Whether an on-balance or off-balance sheet approach [...]
The U.S. Agency for International Development (USAID), World Council of Credit Unions (WOCCU) and Visa launched the "Enko" mobile business development platform in Peru to continue promoting the businesses of Venezuelans and Peruvians participating [...]
The Federal Open Market Committee (FOMC) recently released its November meeting minutes. In the meeting, “a substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.” “The [...]
In September the National Credit Union Administration issued new guidance on its updated interest rate risk supervisory framework. Interest rate risk is the risk to a financial institution that its interest-earning assets, such as loans [...]
This fall, I attended the 22nd Savings and Credit Cooperatives Associations Congress in the Kingdom of Eswatini in southern Africa. I represented CUNA at the invitation of the African Confederation of Co-operative Savings and Credit [...]
Brad Hickey’s a practical man. As manager of application development at American Airlines Federal Credit Union, he’s solution-focused and typically finds words like “transformative” and “life-changing” hyperbolic … But uses them to describe the [...]
