Many bankers have grown weary of marketing to Millennials. Who can blame them? The huge generation has been in the marketing spotlight for at least ten years. By now, many banks and credit unions figure [...]
Philadelphia-based fintech start-up cred.ai has unveiled a new banking platform for millennials, complete with a solid metal credit card, and a mission to disrupt the banking system. The platform, backed by high-profile investors including [...]
Less than one-third of American workers had some kind of work-from-home flexibility before the pandemic, as reported by the U.S. Bureau of Labor Statistics. However, that abruptly shifted in March and April. Gallup reported [...]
If there was ever a time when credit unions and their brands have felt besieged, 2020 is it. It seems as if we are surrounded on all sides by challenges, setbacks, confusion and disarray. In [...]
Many credit unions lack a more traditional sales culture. For many in the industry, ‘sales’ doesn’t really exist, because they are really just people helping people. And your members need that help now more [...]
Earlier this year, to the widespread relief of the credit union industry, the National Credit Union Administration (NCUA) increased the residential appraisal requirement from $250,000 to $400,000. Interestingly, at the same time, the [...]
While the COVID-19 pandemic continues to create unique challenges and shape our new normal, the DE Program is transitioning to meet credit unions where they are now. This fall, for the first time, the DE [...]
Amid the coronavirus pandemic, consumers are using physical currency less frequently, which has resulted in fewer coins moving through the supply chain. NAFCU member credit unions are encouraged to submit responses to this month's Economic &[...]
Ellen DeGeneres has had a tough month. Multiple news outlets have been circulating employee and celebrity stories accusing Ellen of not living up to her mantra of “be kind to one another.” I don’t [...]
The board of directors of Seattle Credit Union ($896.4M, Seattle, WA) boasts a diverse mix of racial and ethnic groups, genders and sexual identities, and industries prevalent in the Pacific Northwest, including technology and [...]
Credit unions are sandwiched. On one side, they have the big banks, with their sprawling balance sheets, rock bottom cost of funds and deep reservoirs of resources. On the other side, they have to make [...]
Are you doing board succession planning? In the midst of a pandemic, it may be easy to put some things off, especially when boards and committees aren’t meeting in person. But it is important [...]
Happy Middle Child Day! You're not the wise elder, nor the adorable baby of the family but we still appreciate you! Speaking of appreciation, thousands of borrowers are grateful for the efforts of credit unions [...]
Aristotle famously said, “Knowing yourself is the beginning of all wisdom.” Do you know your credit union or community bank? What Aristotle refers to is self-introspection. It’s the exercise of looking at yourself from [...]
Why a MANAGED Overdraft Program Matters More Post-Crisis Overdraft has always been a valuable service to consumers, even pre-crisis, and it will continue to provide value post-crisis for consumers who need to rely on this [...]
