This year marks CO-OP’s 40th anniversary, a milestone for all of us at the company and for the credit union movement as a whole. Since 1981 CO-OP has championed the growth of credit unions, [...]
At times, managing a team can seem daunting or an intimidating task that requires the right tools. A good manager will know the importance of holding regular 1:1 meetings and providing honest performance-based feedback, [...]
Welcome to the CUInsight Minute, sixty seconds from our Projects & Partnership Coordination Linda Lafortune with our favorite reads from the week. Mentioned: Economy gaining ground a year after pandemic by, Anthony Fattore, Billing Tree [...]
What is it about successful companies that helps them operate at such a high level? Here are four (of many) things that you can learn from successful companies... Focus on the mission: In general, credit [...]
How we work is changing. With more digital tools, video technology, and virtual environments, credit unions are experiencing change at a faster and faster pace. This is impacting how business is conducted as well as [...]
Credit unions share three commonalities that differentiate us from other financial institutions: 1) great rates; 2) dedication to member service; and 3) inspired leadership. Achieving the third is the most important factor in accomplishing the [...]
I started my career in credit unions as a teller in 1980. I used an employment agency to get the job and I had to pay the fee, which was a month’s salary spread [...]
President Joe Biden named Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA) this week. Her appointment follows Wednesday’s U.S. Supreme Court decision that found the president may remove [...]
NAFCU President and CEO Dan Berger wrote to the NCUA Wednesday to recommend the board consider increasing the interest rate ceiling above the current 18 percent during today's NCUA Board meeting – the interest rate ceiling [...]
Banking high-risk businesses can be profitable and provide a much-needed community service if you know how to do it responsibly and expertly. It is a prime opportunity for credit unions looking to diversify their portfolios [...]
When Jim Norris first learned about an in-depth diversity, equity, and inclusion (DEI) training opportunity, he immediately knew SkyPoint Federal Credit Union had to participate. “I wanted to do more than just write a statement [...]
Ransomware is now identified as a national security risk and companies are paying up – meatpacker JBS says it paid hackers $11 million to resolve its recent ransomware attack. Worst yet, double extortion ransomware attacks are [...]
Just last week on June 5, great news reached the United States’ credit union community. The United States Treasury announced they had awarded $1.25 billion in COVID-19 relief funds to 863 community development financial [...]
We often talk about personalization and connecting with the customer, especially as digital adoption grows, but there could be emerging opportunities that are not about forging direct relationships. Consumer behavior continues to shift, and a [...]
In this episode we're diving a little deeper on updates in cryptocurrencies and the impacts on credit unions. We’re going to focus on blockchain and the impacts on financial products, the changing regulatory landscape, [...]
