The National Credit Union Foundation has announced the addition of André T. Parraway, CPA as the new Chief Financial and Operations Officer effective February 1. “We are excited to welcome André to the Foundation team,” [...]
The Federal Reserve's fourth-quarter senior loan officer opinion survey (SLOOS) revealed that banks expect to ease lending standards this year, following a year-long trend of tightening due to the economic effects of the coronavirus pandemic. "[...]
A great leader I know once told me—and my own experience has borne out—that your people may not always do what you ask them to do, but they will almost always do what [...]
Kelli Holloway expected her college scholarship from State Employees’ Credit Union (SECU) Foundation, Raleigh, N.C., to lead to a career as a lawyer. Instead, it led her to become vice president of member education [...]
Super Bowl Sunday is almost here! I get pretty excited about the culmination of football season, and while I’m disappointed my former team, the Green Bay Packers, didn’t make the cut, you can [...]
To all the marketing and retail banking executives out there who may be feeling like their institution will soon be left “eating dust” as the rest of the world roars off toward digital banking and [...]
While the COVID-19 pandemic has propelled consumers of all ages to transact in new ways, there are still some notable differences in how different generations prefer to pay. Welcome to the fourth and final installment [...]
There are three on-going challenges facing the credit union system: Attracting the next generation of passionate co-op entrepreneurs Planting new charters to spark innovation and relevance Enhancing opportunities for those left behind by current financial [...]
It’s a new year, a time to reset and realign our mission as credit unions and our purpose serving members. The National Credit Union Foundation is committed to inspiring credit unions to leverage their [...]
Adios 2020. Don’t let the door hit you on the way out. The world breathed a collective sigh of relief as we embraced January 1st with “Auld Lang Syne.” If one good thing came [...]
A great business and marketing strategy for your credit union’s branches requires a solid foundation of data that grounds it in the local market. Without this foundation, branching strategies have a tendency to drift [...]
Transformative ideas are sparks that move any industry forward. The credit union industry itself was the realization of a transformative idea. And it was achieved by no single person. Instead, it was realized by the [...]
Both chambers of Congress are in session this week, and CUNA will be engaged with several committee hearings. Congress will also continue negotiations on economic stimulus legislation due, including a potential budget resolution. The House [...]
The NCUA in January issued two prohibition notices, prohibiting individuals previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution. Violation of a prohibition order is a felony [...]
As more credit unions firm up their data analytic foundations, excitement over early wins may fuel speculation about what else is possible on the business intelligence front. What other organizational issues can be identified and [...]
