Years ago, long before I began working in professional development for credit union leaders, I was a middle school language arts teacher. The school district in which I taught was struggling with the “summertime slip,” [...]
Much has been made of how during the coronavirus pandemic senior citizens have been trying out digital banking and getting used to this leap from traditional branch banking transactions. Figures cited to back this up [...]
In mid-March, the Federal Reserve dropped the target range for its funds rate to 0%-0.25% to combat the economic fallout wrought by the coronavirus pandemic. The move pushed mortgage rates to half-century lowsand, [...]
Why does it matter that people learn about finance? Well — because, fortunately or unfortunately, money does make the world go round. Every time you order a coffee, every time you buy something online or go [...]
You can’t interview candidates face-to-face … It isn’t clear how deep this recession will go … In-person training opportunities are no longer available … What a perfect time to build your team! For years, credit unions [...]
The COVID-19 pandemic has not only impacted the international economy, but it has also affected all of our daily lives. Among the various ramifications to our industry, COVID-19 is changing the way that consumers transact, [...]
There have been many changes in the credit union world thanks to COVID-19. Branches are closing, members are losing jobs, and ensuring the safety of your team has become a top priority. Business continuity plans [...]
CUNA President/CEO Jim Nussle was the latest guest on the National Credit Union Foundation’s Together Tuesday video series this week. Launched last month as a dose of weekly inspiration, Nussle’s is the [...]
NAFCU updated its Final Regulation Alert to include clarification from the Federal Reserve that it has no plans to re-impose the six-per-month transfer limit between savings and checking accounts under Regulation D, which was eliminated [...]
Employee benefits pre-funding programs can do more for your credit union than simply offset future benefits expenses. The credit unions that get the most value from pre-funding programs use the expanded array of allowable investments [...]
Credit unions are performing masterfully in supporting their members through the COVID-19 crisis. Many are providing members with much-needed relief in various forms, including payment deferral programs, fee waivers, additional credit access on favorable terms, [...]
Now that the recession is 100% certain, we know the traditional performance dashboard will light up with all the downward trends. These include rising delinquencies and net charge offs, falling or negative ROAs and capital [...]
Many credit unions are watching what happens with the National Credit Union Administration’s pending rule on credit union acquisitions of banks. “The proposed rule is not perfect but good at codifying what we have [...]
While members have been confined to their homes over the last several weeks, many still want and need convenient access to in-branch and ATM services. And while many credit unions have had to make the [...]
Communication is super important, no matter if you’re at work or at home (or working at home). Here are three communication skills you should try to master... The right tone of voice: Try to [...]
