3 time management tips you can use today
Do you ever feel like your plate is full? Do you truly have too much to do? Or are you simply not managing your time well? If you’re having difficulty with time management, here [...]
News Archives
What top talent wants
In this time of continued pandemic uncertainty, credit unions have shown they are willing to pay to have top talent leading their organizations. I know this because our annual survey shows that executive pay went [...]
CDFI credit union rising
The unprecedented pandemic related stimulus money that has been approved for the CDFI Fund has created a historic response from credit unions. Existing CDFI credit unions are stretching to expand their community development and outreach [...]
FBI, CISA issue ransomware advisory prior to Labor Day weekend
The Federal Bureau of Investigation and Cybersecurity and Information Sharing Agency issued a joint cybersecurity advisory Thursday warning of increasing attacks against U.S. entities on or around holiday weekends. The agencies note they do [...]
CFPB retains debt collection rule effective date of November 30
The CFPB has withdrawn its proposed rule to delay two Fair Debt Collection Practices Act (FDCPA) rules pertaining to third-party debt collection and consumer disclosures that were finalized last year. In early April, the Bureau [...]
Will pandemic-era use cases cause an interactive teller machine rebirth?
For the foreseeable future, credit unions and their members will be navigating the twisty road of COVID-19 recovery. Hybrid banking models seem to be the most workable strategy for the time being (and probably well [...]
Geographic expansion via merger
Credit unions looking to expand often look at mergers as the best, most expedient way to do so. Especially if they want to expand into a new geographic market, finding a merger partner that is [...]
Branch Project: Fibre Federal Credit Union – Warrenton Branch
Establish TLC Credit Union, now a part of Fibre Federal Credit Union, as a market leader in the Oregon Coast area by creating a branch presence that truly resonates with the community. Project Background Fibre [...]
Are credit unions being treated like bananas?
What does the fate of bananas have to do with credit unions? In 2016 BBC news reported on the potential death of the world’s favorite fruit: For decades the most-exported and therefore most important [...]
CPI, blanket or self-insurance: Which is better for your credit union?
Every financial institution has unique insurance needs. It is important to take a holistic approach when exploring risk mitigation options. The key questions to ask yourself when deciding on how to manage risk in your [...]
NCUA to open streamlined CDFI application qualifying round
The National Credit Union Administration (NCUA) last week announced it would open a streamlined CDFI Application Qualifying Round beginning on September 12 and running just over a month through October 15. What is a CDFI [...]
Regulatory agencies encourage CUs to meet communities’ needs in response to CA wildfires and Hurricane Ida
All four federal regulatory agencies, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation, have once again released separate joint statements encouraging [...]
3 reasons it’s a good idea to ask questions
When you were growing up, you probably fell into one of two categories: You either loved to ask questions or hated it. If you hated asking questions, hopefully that's something you've grown out of. Why? [...]
The importance of UX: Mapping the member journey
When it comes to developing great user experiences, our minds often gravitate to power players such as Amazon, Uber, and Apple. But that doesn’t mean credit unions can’t leverage best practices in user [...]
Business lessons from the MECU Golf Tournament
There is no shortage of golf tournaments hosted by credit unions and foundations during the summer and I had the pleasure of playing in the 30th annual MECU Tournament. Sometimes a little guilt can come [...]