C-Suite roles in financial services have expanded through the years. The term “Chief” before a functioning title was once limited to “Executive, Financial, and Lending.” Industry growth, diversification, and advancement have created C-Suite roles for [...]
The United States is facing a workforce shortage. While this comes as no surprise as it was predicted to happen with the Baby Boomer generation beginning a mass retirement exodus, the anticipated employment problem is [...]
Nearly two-thirds of all federally insured credit unions have less than $100 million in assets, and they face an array of challenges in a rapidly changing financial services market. Staff from NCUA will discuss strategies [...]
Total consumer credit rose 10.1 percent, at a seasonally adjusted, annualized rate, in April and is up 7.5 percent compared to a year ago. Revolving credit - primarily credit cards - rose 19.[...]
Both new and used car prices soared during the pandemic because of chip shortages and growing inflation. The latest data from the U.S. Bureau of Labor Statistics shows used car prices coming back to [...]
Credit unions celebrate Pride Month with their own collective voice of identity and representation. CU Pride, the LGBTQ+ association for credit unions, provides a space where credit union LGBTQ+ colleagues and allies can come together [...]
When a decision-maker approaches technology decisions from a business background, they’re not always swayed by the right factors. They end up obsessing over the marketing's promises of ROI rather than the security, or marveling [...]
Loan origination systems (LOS) can be simply defined as a digital platform that facilitates the lending process from application through the disbursal of funds. While the definition may be straightforward, comparing different LOS platforms will [...]
The House is preparing to consider legislation that would allow all credit unions to expand their fields of membership (FOM) to include underserved areas. The House Rules Committee has indicated it is likely to meet [...]
As leaders, it’s necessary to recognize how your employees respond to crises, and how they react when a customer or member have an issue they can fix. Do they work to see if the [...]
Welcome to the CUInsight Minute, sixty seconds from our Managing Editor John Pettit with our favorite reads from the week. Mentioned: 3 ways to own your growth and development by LINDA LAFORTUNE, CUINSIGHT.COM My [...]
I’m sure you’ve heard plenty of reasons why you should buy a house and stop renting. It's definitely nice to have equity, but does that make it the best choice for everyone? Maybe [...]
I doubt there’s anyone reading this who hasn’t heard the phrase “People Helping People.” It’s the three simple words that make up the foundation of our industry. It’s the reason why [...]
Everyone is also a leader. We are responsible for leading our members to good decisions, leading the people around us to reinforce the organization’s mission and vision, and leading ourselves to work to reach [...]
Attracting new members is great, but what makes them want to stay with you? At Service Credit Union, we’ve long believed that making our members more financially well should be our ultimate goal. After [...]
