Tired of renting, Ryan Bubenyak and Heather Staton dreamed of buying a home they could call their own. But homeownership was always out of reach. “We were saving as much as we could, but it [...]
Having a mentor is an effective and meaningful way to approach career development. Mentors can advise on ideas for getting recognition at work, short- and long-term professional goals, and leadership development. Mentorship is also an [...]
2020 has delivered a significant digital wake-up call for mid-sized retail, commercial and business banks. They have been positioned at the epicenter of COVID-19’s economic storm, helping businesses and consumers to navigate the financial [...]
Amid signs that federal pandemic assistance funds have not reached businesses that need them the most, Sen. Brian Schatz (D-Hawaii) this week introduced legislation creating a new $2 billion emergency fund for Community Development Financial [...]
Most every marketer in a bank or credit union has struggled to get buy-in for a marketing campaign, promotion, the marketing budget, and other facets of the marketing discipline. There's an old adage, "everyone's a [...]
In the aftermath of the Great Recession, State Employees’ Credit Union($45.2B, Raleigh, NC) created a CUSO that uses the resources and ethos of the nation’s second-largest credit union to turn foreclosures into [...]
As businesses large and small assess whether to move more permanently to “Work from Home” policies and practices, many credit union leaders are wondering how this business trend might be turned into an opportunity as [...]
Almost half of credit users will use the same card for most purchases according to the Financial Brand. By taking advantage of digital marketing opportunities, you can help ensure your credit union’s card becomes [...]
As not-for-profits, credit unions are limited in what they can do to recruit and retain top talent, particularly since the excise tax was implemented. All of those 457(f) plans tied to the stock market [...]
Credit unions have an opportunity to position themselves as trusted financial partners of the immigrant community. Last month, the Supreme Court of the United States ruled in favor of the Deferred Action for Childhood Arrivals ([...]
The Senate Banking Committee agreed via voice vote Wednesday to advance the nomination of Kyle Hauptman to serve on the NCUA board. Hauptman was nominated June 15 and testified before the committee July 21. Hauptman, [...]
The Federal Reserve's second-quarter senior loan officer opinion survey (SLOOS) revealed banks tightened standards and saw weaker demand for loans to consumers as the coronavirus pandemic continued. “Banks tightened lending standards broadly in the second [...]
It’s been more than four months since the coronavirus pandemic halted the U.S. economy, closing businesses and offices across the country. Many credit unions that participated in business lending had portfolios heavily focused [...]
Recently, Foundation Executive Director Gigi Hyland joined the weekly Montana Credit Unions call to discuss member and employee financial well-being in the new normal we are now facing. Below are a few highlights from her [...]
With each new court rule or agency guideline, the clarity of the Telephone Consumer Protection Act of 1991 seems to take one step forward and two steps back. Most recently, on July 6, the U.[...]
