Members forever: Keep the home fires burning
Think back to the first Valentine’s Day you spent with your significant other and all the preparation and planning that went into that day. The making of the dinner reservations, the planning of the [...]
News Archives
It’s time to rethink tax assessments for real estate valuations
When my wife and I received our tax assessment increase last year, we weren’t thrilled at the idea of paying more property taxes. But, there was a silver lining to receiving the notice in [...]
CU young professionals visit Brazil for immersion trip
Members of the World Council Young Credit Union Professionals (WYCUP) program are in the middle of a week-long immersion trip designed to foster the creation of a toolkit that can be used to replicate the [...]
Fed holds rates to start year
The Federal Open Market Committee (FOMC), at the close of its first policy-setting meeting of 2020, maintained rates at the current range of 1.5 percent to 1.75 percent. NAFCU Chief Economist and Vice [...]
Rescuing troubled loans
Petitioning delinquent debtors for payment is a tough business, but many credit unions see that as a last resort and look for friendly ways to help a struggling member. “Remediation efforts are often successful and [...]
How fraudsters are attacking Open Banking weaknesses
Two years ago, opportunity for the FinTech community was abound with the arrival of Open Banking. And while the initial uptake was slow to materialise, we are now finally realising the potential of an application [...]
How to be the GOAT (Greatest Of All Time) in the minds of millennials
Attracting a younger demographic can be challenging, especially with the competition of online-only financial institutions and fintechs. Do you feel like you have a good understanding of what it takes to market to a younger [...]
Root yourself in purpose at the Wegner Dinner
“Never in my wildest dreams would I have thought that I would be receiving this tremendous recognition. As one of the thousands upon thousands of credit union champions, I work every day to improve the [...]
5 reasons to think twice before closing branches
While many financial institution branches may not be profitable on paper, bank and credit union leaders should think carefully before closing the doors. Even in the digital age, branches remain a critical channel for many [...]
Are you prepared for the next pandemic?
I certainly don’t want anyone to overreact, but as I was getting ready to go this morning, I listened to the news that the coronavirus is continuing to spread. In addition, with an incubation [...]
3 ways you can protect your credit card account
If your credit card number or identity has been stolen before, you know it’s the worst. The wait to get everything straightened out can be stressful. But don’t fret! Even though nothing seems [...]
4 ways to help your credit union members during tax season
Reach out to credit union members during the stressful tax season to ease anxiety and help build financially savvy members. There are a handful of times throughout the year when the general public is stressing [...]
The newest app on the playground – what you need to know about TikTok
Attention marketers: there’s a new social media app on the playground, and it’s taking the world by storm! Filling the void left by Vine, which was discontinued in 2016, TikTok launched in early [...]
Successfully serving Hispanics is key to credit union growth
No doubt about it – 2020 promises to be a vibrant, dynamic year, and one favored by a continuing robust economy. Credit unions, like all organizations in the financial space, are primed for financial growth. But [...]
Donovan to Congress: CUs advance communities across America
America’s credit unions fulfill their Congressionally bestowed mission by helping communities advance, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Tuesday. Donovan highlighted how credit unions provide everything from short-term [...]