Crisis communication planning before you need it is critical
Have you thought about your credit union’s communication plan in the event of a crisis? It’s generally not a question of if, but when, a crisis will hit your credit union. And it [...]
News Archives
Leading change like the FBI
There are 6 hostages in a building. The hostage-taker says he’ll start shooting in an hour if his demands are not met. You’re handed the phone to negotiate. What do you do? While [...]
CUNA, Leagues to spend record-setting $7M in 2020 election cycle
CUNA announced Thursday the CUNA/League system will spend a record-setting $7 million in the 2020 election cycle to support congressional candidates on both sides of the aisle. Credit Union Legislative Action Council (CULAC), the [...]
CPI sees growth; no rate changes expected
On a seasonally adjusted basis, overall consumer prices increased 0.2 percent in December following a 0.3 percent rise in November. NAFCU's Curt Long, in a new Macro Data Flash report, attributed the growth [...]
Inside Marketing: Top 3 trends for 2020
Brand awareness and effective marketing are crucial elements of growth for every organization, including credit unions. But staying on top of the latest trends and strategies can be challenging, especially as consumer expectations and technologies [...]
PODCAST: Raising consideration of credit unions
As a credit union branch manager in the 1990s, Chris Lorence found it frustrating how many members would have payroll deduction through the institution but keep their primary financial relationship elsewhere. They simply didn’t [...]
Better than ‘traditional marketing channels’ says one credit union
Instead of spending dollars on traditional marketing, one CU is experimenting with a new way to sway consumers—paying them to read their materials. West Community CU here has begun offering Plinqit—a brandable, savings [...]
3 takeaways from the podcast “Leverage Student Lending to Drive Millennial Membership”
On a recent episode of NAFCU’s "The CU Lab," Allied’s own Jarrett Settles (National Sales Consultant | Technology, Lending, and Deposit Growth) got together with two other industry experts – Will Sneed, Director of Lender [...]
Advisors demonstrate CU philosophy
CUNA Brokerage Services, Inc. (CBSI) Financial Advisors attending Advisor Academy in Madison, Wisconsin took time from their November studies to show they embrace the credit union philosophy of “people helping people.” Attendees, who work with [...]
5 easy ways to start your credit union’s digital transformation
Digital transformation. Omnichannel. Cloud. Blockchain. Artificial intelligence. Who knows the next buzzword that will strike the credit union industry? It feels like there is always a new hot topic. In fact, it’s hard to [...]
How a Pell Grant can help you pay for college
Paying for college is no small undertaking. After all, the entire affair costs thousands and thousands of dollars. So, how do you go about being able to afford college? Believe it or not, the out-of-pocket [...]
Leveraging your credit union’s data to guide branch strategy
Setting aside any arguments for brick & mortar expansion vs. online/mobile growth – I think we can all agree that it’s an exciting time when your credit union is ready to expand. Whether you’[...]
Global Women’s Leadership Network as a cross-cultural movement
It’s been over a year since I first joined the Global Women’s Leadership Network (GWLN). I’ve had the pleasure of meeting amazing women and men from credit union systems in the US [...]
The branch as differentiator in a changing banking landscape
For decades, community banks and credit unions were the go-to providers of home and auto loans, checking and savings accounts, and other financial services for many consumers. In recent years, though, technological advances have paved [...]
House prepares to consider CUNA-backed MDI, cybersecurity bills
CUNA wrote House leadership this week in support of two bills that are expected to be considered on the House floor in the coming days, the Expanding Opportunities for Minority Depository Institutions Act (H.R. [...]