Still maintaining the status quo?
Legacy technology… we’re hearing the term a lot these days. And for good reason. When it comes to the way banks and credit unions run, it’s messing with… well… everything. But, as CRMNEXT [...]
News Archives
How CUs can counter the ‘monolithic,’ model minority stereotypes during AAPIHM and beyond
May is Asian American and Pacific Islander Heritage Month (AAPIHM)! It is a month to lean into and celebrate the accomplishments, achievements, and contributions of Asians and Pacific Islanders to the United States. For me, [...]
5 ways to support young professionals
Credit unions have thrived during the last few months and have been able to make strides in innovation. By the rapid pace of change at all levels, from executives to tellers, everyone has had to [...]
Get skin in the game: 3 key criteria for your online digital marketing solution
In the first blog of this series, Your Competition is Advertising On The Internet - Shouldn’t You?, we discussed that retailers and financial institutions alike have realized the need to advertise where their account [...]
Open Your Eyes to a Credit Union® lands in Wyoming
Credit Union Awareness LLC announced today that the AI driven, category-level brand campaign Open Your Eyes to a Credit Union® has launched in Wyoming. Open Your Eyes to a Credit Union® is a first of [...]
Fed begins April meeting, expected to hold rates
The Federal Open Market Committee (FOMC) – the Fed's monetary-policy setting arm – begins its April meeting today and is expected to hold the federal funds target rate range at its current 0 percent to 0.25 [...]
Good Governance: Building your associate board member program, from the philosophy up
The debate over the best governance practices for board succession rages on. It is a routine topic in every single engagement and interview we conduct. The issues of diversity and term limits are especially prominent [...]
Highlights from PSCU Virtual Member Forum 2021
PSCU was pleased to host its second Virtual Member Forum for credit unions last week. While virtual fatigue is a challenge that many are facing in the world of events and meetings, we are thrilled [...]
5 success tips for novice real estate investors
Real estate investing has the potential to be a great source of secondary income and could even become a primary source of income for some investors. Starting on the right foot and understanding the process [...]
What are integrated payments?
When you hear the term ‘payments modernization,’ you are also most likely hearing the term ‘integrated payments.’ So what does integrated payments mean? Integrated payments refer to a concept. Rather than payments processing being an [...]
Ask Maddaux & Penny: A new Q&A for credit unions
We’d like to introduce you to the newest members of the Aux Team! Maddaux the Ox and Penny the Starling will be here to answer pressing compliance, accounting, marketing, and data analytics questions every [...]
Purposeful Talent Development: Why you should develop leader success profiles
In 2012, Jack Zenger found that on average leaders do not receive training until they’ve been leading people for 10 years. 10 years! In the last decade, progress has been made to shrink this [...]
3 reasons you shouldn’t pay off your loan early
Don’t get your eyes checked, you read the title correctly. Believe it or not, it could be in your best interest to NOT pay off your loan early. I know what you’re thinking … [...]
How to assemble your credit union conversion team
There are many steps to a successful conversion, such as building your team. It’s up to the leaders of the credit union and the conversion team to build the enthusiasm through communications and attitudes. [...]
Comparing U.S. faster payment channels
There is a lot of confusion around faster and real-time payments. As we move toward both real-time and faster payment ubiquity, more options are becoming available. So which channel is best for your financial institution? [...]