With Congress in a lame duck session and eyeing the Credit Card Competition Act again, America’s Credit Unions has renewed its advocacy efforts against the legislation, claiming it will only harm credit unions and members, Emily Claus reports.
As AI applicaitons become consumers’ preferred search engines, So Much Good, contemplates how this shift affects your credit union’s digital discoverability and how you can best position the credit union to come out on top.
Credit unions are sitting on nearly $300 billion in capital nationwide, but are reluctant to spend their pile of gold to meet the challenge set forth by FinTechs and neobanks. Sam Plester encourages credit unions to step off the pile and put it to use to achieve growth and build the credit union movement’s market share.
As AI starts taking over repetitive tasks, the biggest mistake a credit union can make is thinking entry level employees are no longer needed. Dr. Gleb Tsipursky discusses how credit unions can shift entry-level positions into mentorship opportunities.
CUSO Magazine’s Esteban Camargo reports on the fourteenth round of deregulation proposals set forth by the NCUA. Credit unions are asked to comment on the proposed changes.
