With the flurry of activity precipitated by the coronavirus, financial marketers have demands like never before: PPP forgiveness (or a new round of these loans), refis, new loans to fund expansions, customer service needs amid [...]
Your credit union is already on social media. And it rocks, right? No? So what’s missing? To clarify, social media is not an end upon itself. It’s part of a larger strategy. For [...]
Maximizing auto lending efficiencies with the right LOS… Is it time for you to upgrade your loan origination system? Keep reading to learn more reasons why a tried and true system can work for your [...]
It goes without saying—with 2020 events, credit unions need to grow their revenue where they can. The value of meeting your members where they want to pay with how they want to pay goes [...]
As today’s business world continues to rely more heavily on data and technology than ever before, cyber-attacks are also becoming more sophisticated. The simple truth is: no data is safe anymore! While there are [...]
2020 began with such promise. We turned the calendar into this new decade with little thought to altering business-as-usual. We continued doing our best to serve our members and provide a good, albeit, not entirely [...]
Credit unions are challenged to facilitate business loans quickly with limited information. It’s a high stakes activity with limited upside and significant downside risk. Digitization would address a lot of the issues including streamlining [...]
Sen. Brian Schatz (D-Hawaii) introduced a bill Tuesday that would create a $2 billion Community Development Institutions (CDFI) crisis fund to help with pandemic recovery. CUNA President/CEO Jim Nussle expressed support for the bill, [...]
NAFCU's Andrew Morris Monday reiterated the association's concernsregarding the Office of the Comptroller of the Currency's (OCC) efforts to create specialized charters, arguing that regulators "should not give preference to fintech as a new model [...]
The work of searching for job candidates for your credit union can be grueling. You need to put out the call, sift through resumes, hold in-person interviews and narrow down the field. Once you’ve [...]
Gen Z (those born between 1995 and 2015) is growing up, graduating from high school and college, and becoming increasingly influential in the payments space. They are bringing their comfortability with technology and change with [...]
The math is simple: 10 plus 15 divided by 2 equals 12.5. And that’s how Idaho State University Federal Credit Union($262.2M, Pocatello, ID) came up with its Velocity Home Loan. It’[...]
With everything happening these days, your digital presence is either your most prominent asset or your most obviously-neglected marketing liability for the foreseeable future. People have now been stuck at home or afraid to come [...]
The two major credit union trade groups late last week renewed their call to ensure that the next economic stimulus bill includes limited liability protection, even as the issue continued to be a major sticking [...]
Scenario planning, speed, and creating a human member experience top the list. As leaders committed to success at the strategic level, awareness and understanding of industry trends are vital for excellence in governance. The board’[...]
