If you’re getting into business for yourself, say through ride sharing, freelance work or selling products online, you’re likely starting to take business cash flow seriously. Your personal finances and business finances may [...]
In celebration of National Customer Service Week, we would like to recognize all our CO-OP employees who work with our client credit unions to deliver the exceptional service our members deserve. This week also presents [...]
Show your up-and-coming leaders you value their continued success at your credit union. Have them attend the virtual version of NAFCU’s Management and Leadership Institute, October 18-22. This hybrid event enables your staff to [...]
While credit union mergers and acquisitions (M&A) are relatively uncommon occurrences—in 2020 there were just 136 credit union mergers and just 5 bank acquisitions by credit unions—they are high-dollar agreements with [...]
As we approach International Credit Union Day on October 21 – a day when we celebrate the uniqueness of the credit union history, structure and philosophy – there’s never been a better time to start telling [...]
While Garth Brooks sings “life is not tried it is merely survived, if you’re standing outside the fire” in his song Standing Outside the Fire, Brene Brown is referencing Theodore Roosevelt’s Man in [...]
CUNA Cannabis & Hemp Financial Services eSchool will provide a credit-union-specific look at regulations and provide insights into operating in a world where cannabis use is becoming more widely legalized. The eSchool will be held [...]
NAFCU President and CEO Dan Berger Monday expressed concerns with the U.S. Postal Service's (USPS) check-cashing pilot program - which quietly launched Sept. 13 – and allows customers to use payroll or business checks to [...]
When Stepping Stones Community Federal Credit Union was exploring ways to grow membership, it took to the streets in a converted van that became a branch on wheels. “We are in the city. While people [...]
As things transitioned back toward normalcy during this pandemic, one credit union exec I spoke to expected branch traffic to recover. Well… it hasn’t. Nor do I expect it ever will. This dependency on [...]
With cyber threats like data breaches and ransomware attacks becoming more common, to new regulations surrounding the cyber world, cybersecurity has become somewhat of a necessity. Every industry needs it whether they know it or [...]
The 2009 recession discouraged financial institutions across the nation to lend money to millions of borrowers. Vince Passione saw it as an opportunity to service the populations left hanging by the financial institutions they trusted [...]
“Although credit cards dominated the U.S. market for decades, it’s clear that a seismic shift has started taking place, and they will likely become obsolete in a generation or two.” That is a [...]
The fourth quarter of the year is upon us – but 2021 isn’t over yet. Every financial institution wants to close the year strong – but I have yet to meet a lender with loads of [...]
Earlier this year, industry experts released a report on the full picture of auto loan debt and trends in the country. Their research data included auto loan originations, prices, term lengths, delinquencies, and other aspects [...]
