News Archives

Shared branching post-pandemic

Shared branching post-pandemic

Recently, there has been an increase in articles and surveys asking whether branches are still needed, and Aux wanted to get to the bottom of the real stats about branch usage. The COVID epidemic led [...]

World Council names LaBorde as new president/CEO

World Council names LaBorde as new president/CEO

The World Council of Credit Unions’ Board of Directors has selected Elissa McCarter LaBorde as the organization’s new president/CEO. LaBorde brings more than 20 years of experience leading organizations in delivering financial services [...]

Supporting women through every life stage

Supporting women through every life stage

Over the past year, the COVID-19 pandemic has caused many women to drop out of the workforce. Some were furloughed or laid off, while others left because of increased childcare responsibilities with the closing of [...]

Small loans make a big impact in New Mexico

Small loans make a big impact in New Mexico

For more than a decade, Nusenda Credit Union ($3.4B, Albuquerque, NM) has provided financing to small entrepreneurs and created a community impact that extends well beyond the cooperative’s bottom line. “We’ve funded [...]

Case study: Using data to improve growth

Case study: Using data to improve growth

Red River Employees FCU required a business intelligence platform that could improve access to data in order to adhere with new CECL accounting standards. With improved data practices, along with Trellance M360 and Fiserv XP2, [...]

Becoming an SBA lender in a post-PPP world

Becoming an SBA lender in a post-PPP world

On May 31st the Paycheck Protection Program (PPP) came to a close. Created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the PPP loan program culminated in over 11.8 million loans approved [...]