The Cooperative System’s Unique Capabilities In a Crisis

The Cooperative System’s Unique Capabilities In a Crisis

Cooperatives are uniquely positioned to respond well to crises thanks to their ownership structure and mission. But responding well takes more than just that. Chip Filson details what credit unions and their leaders need to do in those situations.

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Central Liquidity Facility: The One Thing Necessary

Central Liquidity Facility: The One Thing Necessary

If the Federal Home Loan Bank (FHLB) and Central Liquidity Facility (CLF) are both “lenders of last resort” why is the CLF deemed so unappealing? How is the FHLB system so much more relevant for credit unions than their own liquidity backstop? Chip Filson might know why.

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NCUA’s Leadership in an Emergency

NCUA’s Leadership in an Emergency

What is the role of the NCUA in an emergency? Chip Filson argues that the less they involve themselves, the better off the industry will be.

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Presenting the Right Message About Credit Unions in Today’s Crisis

Presenting the Right Message About Credit Unions in Today’s Crisis

Credit unions facing an economic downturn need to avoid being swayed by the doomsayers, says Chip Filson. The most important thing for credit unions is in how they respond.

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The Greatest Generation: What They Did for Credit Unions

The Greatest Generation: What They Did for Credit Unions

As we celebrate the 75th anniversary of VE-Day, Chip Filson reflects on other contributions made by the Greatest Generation that helped shape the future of America.

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The Myth of Efficiency and the Allure of Scale

The Myth of Efficiency and the Allure of Scale

Do mergers and bank purchases, by increasing scale, also increase efficiency and lower operating costs? Or are credit unions focusing on the wrong method? Chip Filson argues the latter.

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Credit Unions and Farming: What We Can Learn About Business Sustainability

Credit Unions and Farming: What We Can Learn About Business Sustainability

Contrary to the cliché that size is equal to success, Chip Filson argues that various credit union sizes serve to make the industry stronger. Relating credit unions to the co-op method of community supported agriculture, he reminds us that scale is no substitute for community.

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Learning at the Speed of the Crisis: A Cooperative Advantage

Learning at the Speed of the Crisis: A Cooperative Advantage

In the midst of the coronavirus crisis, everything around us is closing and canceling. During this time, Chip Filson conveys how essential it is for credit unions to keep learning and working thorough the crisis to continue serving their members until the world around us returns to normal.

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The Cost of Not Learning from Our Brethren’s Mistakes

The Cost of Not Learning from Our Brethren’s Mistakes

Covering three recent examples of various losses and corruptions within the credit union industry, Chip Filson argues that while the NCUA is focusing on “correcting” mistakes, there is a distinct lack of needed discussion and learning taking place.

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Strategy: How Important is Scale?

Strategy: How Important is Scale?

Are credit unions losing focus on what really matters in the never-ending pursuit of scale? Chip Filson considers where credit unions may be going astray as they prioritize growth over members.

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