Can Elections Indicate an Organization’s Relevance for its Members?
Chip Filson analyzes the overwhelming and enthusiastic response to cooperative Inclusiv’s board member election and calls on credit unions to reflect on their own elections and how they might create more interest.
Why Latino Community Credit Union Matters Today
Chip Filson discusses the chartering of Latino Community Credit Union back in 2000 and the way in which it has since exemplified the foundation on which cooperatives are built.
Asset Bubbles and Credit Unions
Chip Filson tells the tale of former FDIC Vice Chair Thomas Hoenig, the lone dissenting vote in a 2010 decision by the Fed to continue “quantitative easing.” As Americans brace for the impending consequences, Chip wonders whether credit unions are playing into a potential disaster.
Are App Platforms the Future of Financial Services?
Chip Filson debates the self-service trend sweeping the financial industry and whether or not FinTech apps will take the place of brick and mortar in the future.
What is the Value of a Strategic Plan?
Chip Filson contemplates what value, if any, credit unions can find in strategic planning. And if there is value to be found, what’s the easiest way to get it out?
Has the Credit Union System Lost its Entrepreneurial Edge?
Chip Filson discusses the student-run credit union boom of the 1980s and the excitement, inspiration, and drive that went along with it, begging the question: where did that entrepreneurial spirit go?
What Credit Unions Can Learn from Morris Plan Banks
Chip Filson contemplates the old Morris Plan Bank model, its history, its eventual downfall, and why credit unions purchasing banks might be following in its flawed footsteps.
Facts vs. Fictions: the NCUSIF Financial Model Works—Even When Mismanaged
Chip Filson compares the NCUSIF’s projected net operating loss against the actual data and discusses potential ramifications for the variance in these numbers.
Warren Buffet’s Wisdom for Coops
Chip Filson contemplates how Warren Buffet’s wisdom offers a new perspective on the credit union industry.
Taxi Medallions in the American Cooperative System
The role of ownership has always been a core aspect of the cooperative model. But if that’s the case, why did the NCUA undermine the right of ownership in the NYC taxi medallion issue? Chip Filson contemplates the ramifications of this choice.
