Amid the instability of the last two years—from rising inflation and market volatility to a looming recession, clogged supply chains and the pandemic—a chasm has formed between consumers and their financial institutions. According [...]
The primary job of any manager is to produce results. Some are better at it than others. There are many reasons for that variation, but one of the most striking is that highly effective managers [...]
This is usually how it works. Just when the world appears to be full of nothing but darkness and despair, the wind shifts and attitudes improve. The same often occurs in the opposite direction when [...]
Growing a customer base is one of the toughest challenges any business will face - and regional banks are no exception to that rule. For many organizations, a good marketing campaign or the opening of [...]
During this time of “are we or are we not in a recession,” banks and credit unions should be focusing on actions that can generate revenue and mitigate potential risks. It’s the job of [...]
The NCUA should amend its field of membership (FOM) rules to make it easier for people to join credit unions and help those institutions grow, the two national industry trade groups told the agency this [...]
If you want a case study in defining your niche, look no further than Oxygen. It’s a FinTech company targeting freelancers and gig workers underserved by other financial institutions. Every piece of their marketing [...]
Inflation is the worst. Too bad it doesn't make our wallets bigger (*ba-dum-tssh). But enough with the bad jokes, let's get serious. Have you ever thought of turning one of your hobbies into a side [...]
Credit unions are, by nature, community-centric institutions. Member-owned and educationally-focused, they financially empower people in their communities and positively impact their quality of life. In contrast to traditional big banks, credit unions have a warm, [...]
Earlier this month, I had the pleasure and distinct honor to lead a panel of credit union industry leaders on stage at the DCUC Annual Conference. A unified voice in front of our member credit [...]
Credit union champions won their primary races in Hawaii Saturday and Alaska Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 279 credit union champions with a 96% success rate this election [...]
The Federal Reserve on Tuesday issued additional information for Board supervised banks seeking to engage in crypto-asset-related activities. Although the guidance is directed toward banks, it helps ensure that supervisory expectations for firms with crypto-centric [...]
Did you know that you have a secret rating that can massively enable (or inhibit) your ability to achieve your desired results? Worse yet, other people know the score, but you are probably blissfully unaware [...]
The marijuana banking legislation passed by the House would not significantly improve the problems cannabis-related businesses face in trying to establish banking services, researchers at the Drug Enforcement Policy Center at Ohio State University’s [...]
In today’s increasingly digital environment, it is easy to pay for almost anything, especially an online purchase, via installments. Buy Now, Pay Later (BNPL), point-of-sale installment payment plans are everywhere. If you’ve purchased [...]
