CO-OP Financial Services has released a think piece on the need for credit unions to continue to be the "compassionate banking alternative" to big banks by delivering the financial support consumers and small businesses need [...]
One key aspect of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is the Paycheck Protection Program (PPP), generated many questions last week as credit unions worked to understand how they could participate [...]
COVID-19 has had an unimaginable impact on nearly every aspect of daily life for consumers and businesses alike around the world. Currently, the disease shows no sign of slowing down, and the concern for how [...]
There’s no sugar coating the fact that things are about to get real for credit union lenders. As an untold number of members ask their credit unions to follow through on CARES Act promises, [...]
Self-care is any activity that we do deliberately to take care of our mental, emotional and physical health. Although it's a simple concept in theory, it's something we very often overlook in our day-to-day lives. [...]
Yes, these are scary times. And when it comes to your 401k, the thought can be downright terrifying. If you’ve been closely monitoring your retirement account lately, you probably aren’t liking what you’[...]
The global COVID-19 pandemic is impacting all of us now, and social distancing is creating more than just operational considerations for workplaces that have transitioned to most or all of their staff working remotely. Employees [...]
“To whom it may concern, Effective immediately, I am terminating my employment.” After nearly two years on the job, that’s how Valerie left the company. With an email to her boss, sent at 6:[...]
The speed and depth of the current COVID-19 pandemic has created a once in a lifetime challenge for many credit unions. The member marketing and service strategies in place at the beginning of the year [...]
Among the resources available at the CUNA/American Association of Credit Union Leagues (AACUL) COVID-19 Response Page are several to assist with business continuity from Quantivate, CUNA’s partner for the Credit Union Compliance Management [...]
With 701,000 jobs lost in March, NAFCU Chief Economist and Vice President of Research Curt Long said that, as forecasts worsen, "credit unions should be prepared for a bumpy and tepid recovery." Additionally, the [...]
Let me be clear here; this article is not about crisis strategy, which involves contingency planning and business continuity planning for dealing with identified crises as they arise. It is about the formulation and reformulation [...]
The coronavirus (COVID-19) pandemic has left human resources professionals trying to figure out ways to deploy a remote workforce and keep these workers engaged while still making sure they’re paid, have time off available [...]
Wells Fargo is bowing out of a new federal program aimed at helping small businesses retain workers and pay bills during the coronavirus pandemic. The bank announced late Sunday that it would no longer accept [...]
As Americans hunker down in their homes, changing everything about where and how they spend money, credit unions are entering uncharted territory. However, one thing is certain: credit unions must continue to be compassionate banking [...]
