Putting people first
When asked if there really is a difference when comparing credit unions to other financial institutions, Gary A. Grinnell, president, and CEO of Corning Credit Union (CCU) and newly elected chair of the NAFCU Board [...]
News Archives
NCUA announces FY22 CDRLF grants
The NCUA on Thursday announced that 90 low-income credit unions have been awarded more than $1.5 million in Community Development Revolving Loan Fund grants for the FY22 award cycle. The grants ranged from $1,[...]
When consumer credit surges, it’s time to offer payment protection
In his Q3 Economic Outlook for Financial Institutions, SWBC’s Chief Economist, Blake Hastings, provided the following insights on rising consumer credit and deteriorating borrower balance sheets: Consumer balance sheets are still relatively healthy, today, [...]
The most important skill that leaders should master
As leaders, we are taught to have many distinct skills when managing a group of people. These general traits include dependability, decisiveness, integrity, and more. You’ve heard them all, but you may not have [...]
CUInsight Minute with John Pettit – September 2, 2022
Welcome to the CUInsight Minute, sixty seconds from our Managing Editor John Pettit with our favorite reads from the week. Mentioned: Dear leader: What I didn’t say when you interviewed me by NANCI WILSON, [...]
Visa empowers women entrepreneurs around the world with essential funding and resources
Small businesses play a vital role in local economies, providing jobs and, in the United States alone, contributing more than $8 trillion to the overall national economy. Nearly half of those small businesses are owned [...]
Key lifestyle indicators data gives credit unions a competitive advantage
For a financial institution (FI), the best way to understand, reach, and create lasting relationships with account holders is to harness their own first-party data and use it as the foundation for a customer-centric strategy. [...]
Boost your balance sheet with cannabis banking
Booming adult-use cannabis sales during the first few years of the COVID-19 pandemic led some to deem the industry ‘recession-proof.’ While it remains to be seen how inflation and a potential economic downturn will impact [...]
Four ways deposit account opening can improve the member experience
As member expectations for simpler, personalized and more convenient financial services increase, credit unions (CUs) must find new, innovative strategies to create user-friendly digital experiences. Here are four ways leveling up your deposit account opening [...]
AACUC celebrates best of DEI, credit union thought leaders
More than 400 executives, young professionals and change agents reunited, reignited and recharged at the African-American Credit Union Coalition’s (AACUC) 24th Annual Conference at St. Pete Beach, Fla. The weeklong event, sponsored by Trellance, [...]
NAFCU, CUs meet with Atlanta Fed
NAFCU's Chief Economist and Vice President of Research Curt Long, Senior Vice President of Government Affairs Greg Mesack, and Senior Counsel for Policy and Research Andrew Morris joined several NAFCU member credit unions Wednesday for [...]
GA4 migration is coming: Is your credit union ready?
Google Analytics 4 (or GA4) is the new version of Google Analytics (UA), but GA4 isn’t just a new user interface—it’s a complete overhaul of the platform and how it collects data. [...]
Email updates every leader should subscribe to
In sales they say, “always be closing.” For leadership, the phrase should be “always be reading.” Inc. reports that most executives read four to five books a month. Don’t have time carved out (yet) [...]
CDFI Fund’s SDL Program in high demand
For anyone wondering if the purpose of small dollar loans in this country has waned, allow the last couple years and last week’s CDFI Fund news to be a stark reminder of their immense [...]
Q3-4 2022 economic outlook for small businesses
With a possible recession on the horizon, growth normalizing, continued supply chain issues, and a tight labor market, navigating the remainder of 2022 and 2023 will be tricky for small businesses. As SWBC’s Chief [...]