Work force automation framework
“I think we know where to apply the robots. We have spoken to our teams and here is a list of areas that cause a lot issues.” This is typically how the story of Work [...]
News Archives
Credit union champions see wins in Alabama, Arkansas, Georgia
Sixteen credit union champions in Alabama, Arkansas, and Georgia saw victories Tuesday in primary elections. Candidates were supported by the Credit Union Legislative Action Council (CULAC), CUNA’s federal political action committee, the League of [...]
New home sales plummet in April
New home sales fell 16.6 percent in April to 591,000 annualized units, while March saw a downward revision of 54,000 units. Compared to last year, April sales were 26.9 percent lower. [...]
Tech Time: Has your core software been sunset?
One of our senior directors got a call a few weeks ago from the CEO of a core provider. Mr. CEO complained that one of our consultants mentioned to a client that his core system [...]
Cannabis banking: Keys to success
When U.S. Eagle Federal Credit Union in Albuquerque, N.M., began researching cannabis banking services, the board and leadership team worried members might not like the typically conservative financial institution getting involved in this [...]
May you live in interesting times
One of our stories in this telegraph covers an agreement recently reached in the European Union that reflects our recent success in advocating for proportional treatment for credit unions in the Digital Operational Resilience Act ([...]
Reassigning plan administrator risk
Retirement plan sponsors have day jobs--they are busy running their businesses. But at the end of the day, plan sponsors are fiduciaries. They are legally responsible for their plans. Most mistakes involve plan administration. The [...]
How to teach teens about finances
It is imperative to teach your teens about the facts of finances. Here's what you'll want to keep in mind. U.S. schools teach students algebra, calculus and trigonometry, but schools in only 21 states [...]
Embedded finance surges: Here’s what credit unions need to know
If it seems like the biggest news and boldest moves in financial services have come from everywhere but traditional banks and credit unions, you’ve spotted the tremendous growth in embedded finance. To help explain [...]
3 ways to feel less overwhelmed
We all feel overwhelmed by life from time to time. If you find yourself in this situation, here are three things you can do to calm yourself and get back on track... Get help: We [...]
Website marketing 2.0 for credit unions
Today, members find new financial institutions and credit unions online. (At least 97% of consumers research online before visiting a local business in person.) And because most members switch financial providers when they move or [...]
Congratulations to the May ’22 DE class
42 credit union leaders from across the United States and Kenya were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s signature Development Education (DE) program in May. Delivered [...]
New Mexico credit unions help families affected by wildfires
New Mexico credit unions are building a support network to help as the largest wildfires in the state's history continue to burn, forcing thousands from their homes and burning nearly 500,000 acres. A complete [...]
Fed releases Economic Well-Being of U.S. Households in 2021 report
The Federal Reserve Monday released the results of its annual Survey of Household Economics and Decision-making (SHED) survey on household financial well-being. According to the survey, 78 percent of adults were either doing okay or [...]
Good Governance: Hybrid board meetings get solidly mixed reviews
During the first April session of the High Performing Board Digital Series, presenter Steve Morrissette surveyed course participants and found that 25% of them were holding board meetings entirely in person; a somewhat greater proportion [...]