Transparency: the Co-op Leader’s Advantage
Transparency is an essential element of good leadership, argues Chip Filson. But how do CEOs achieve such openness and how can a CEO evaluate their success?
Subdebt: The Fastest Growing Balance Sheet Account for Credit Unions
As more and more credit unions take on sub-debt, Chip Filson ponders the incentive behind acquiring such debt, what risks come along with it, and how these accounts will play out in the long term.
FOMO Business Decisions
In the age where good things go quickly and buyers need to act fast to get what they want, Chip Filson cautions credit unions from falling into the habit of purchasing banks out of FOMO instead of member focus.
A Fee that Credit Unions Should Review for Appropriateness
Whereas some credit unions might see inactive accounts as a fee goldmine, Chip Filson argues that sneakily charging such accounts is potentially against credit unions’ founding principles and should be re-examined.
The Credit Union Movement In Five Phases
Chip Filson applies Father Richard Rohr’s five stages of development to the evolution of the credit union industry.
Jeanne D’Arc: A 110 Year Perspective on Sustaining Co-op Success
Chip Filson analyzes Jeanne D’Arc Credit Union’s 110 years of service and commitment to the community, along with lessons other credit unions can take away from its success.
When the Most Important GAC Speaker Missed His Scheduled Appearance
One schedule speaker was missing at GAC this year when he chose instead to help refugees at the Ukraine border; Chip Filson shares that speaker’s story and how he embodies the credit union creed of “people helping people.”
Presidents and Credit Unions
Chip Filson shares when the credit union industry captured the attention of two very different U.S. Presidents.
NCUA’s Merger Supervision is Failing Members
NCUA is responsible for monitoring mergers, but Chip Filson believes it has become a rubber stamping process for the regulator and the industry is suffering for it.
The Uncertain, Risky Virtual Universe
Chip Filson shares some thoughts on whether credit unions should be investing time and resources in the emerging virtual realities, especially crypto options.
