Lost time is costing you (a lot of) money
Time is a precious commodity. When an hour ticks by, it’s lost forever. At least until Elon Musk creates a working time machine. In the workplace, those lost minutes can be accounted for in [...]
News Archives
With the right partners, credit unions can (and should) go all in on digital for members
“Many credit unions are not investing in the digital capabilities that meet current prospective members’ wants and/or needs.” This was the recent finding of a “digital experiences” review of the top 100 credit unions [...]
Elements of an effective treasury management program
Over the last decade, credit unions have developed strong business lending programs, offering businesses in their communities a welcome alternative to traditional financial institutions. However, most remain limited in their ability to gain business operating [...]
Nominate a 2023 Credit Union Hero
Credit Union Magazine is seeking nominations for the 2023 Credit Union Hero Award. The 2023 Credit Union Hero of the Year will be selected via online poll by the readers of Credit Union Magazine. Submit [...]
Existing home sales decline again in October
Existing home sales declined 5.9 percent in October to a seasonally-adjusted annualized rate of 4.4 million units, marking the ninth straight month of declining sales and representing a 28.4 percent decrease in [...]
Lending Perspectives: Running on empty (with not enough deposits)
Over the last year or so, I’ve been making predictions around the office that may be a bit of a stretch. I qualify them by saying “I could be wrong; I’m wrong all [...]
How to define the generations: The ultimate guide for marketers
Generational segmentation is the backbone of demographic marketing — but how is each generation defined? Exactly who is considered a Boomer and who is Gen X? What are the birth years that separate Millennials from Gen [...]
COVID spending fever and other trends to plan for in 2023
Trends credit unions should be monitoring for 2023 include “COVID spending fever,” competition, deposit pricing, tax and insurance increases on escrow, and mergers. COVID Spending Fever One factor carrying over into 2023 is what CUES [...]
Digital onboarding solutions for credit unions: Breaking down best practices
Opening a checking account isn't a process to be taken lightly. The onboarding process in the credit union sector is a critical time that allows financial institutions to gather essential information about potential customers and [...]
Advantages of home equity loans for borrowers and lenders
When a borrower comes to your institution seeking funds, most often aren't arriving with a specific type of loan in mind. They have a need and look to their lender for guidance about the best [...]
CFPB announces repeat offender, auto lending initiatives
Even as its future funding remains unclear, the CFPB has announced two new initiatives—one to increase its focus on repeat offenders and the other to gather information about the auto lending industry. A federal [...]
Make your voice heard in Washington
Earlier this month, millions flocked to the polls to cast their vote in the midterm elections. In fact, some are reporting that while the votes are still not finalized, 2022 turnout is on track to [...]
And the CUNA National Award winners are…
Our National Awards Committee announced the 2022 award recipients this week. Each year state Leagues help the committee to identify credit unions and organizations for the: Dora Maxwell Social Responsibility Award, which honors credit unions [...]
The CUInsight Experience podcast: Jill Nowacki – Strategic impact (#148)
Thank you for tuning in to episode 148 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Elan Credit Card. Elan partners with [...]
Thoughts on the FTX collapse
We believe in the premise that crypto is not going away. However, we try to reinforce the notion that ‘it’s not just about bitcoin.’ The sky-high speculations of last year, followed by the decline [...]