NCUSIF Investments: Repeating the Practice that Caused the Current Underperformance
Chip Filson details some recent moves made in the NCUA’s management of the NCUSIF investment portfolio and why he feels the agency is taking great missteps in its handling.
One State, a Credit Union CEO, and Financial Literacy
This Financial Literacy Month, Chip Filson shares the story of how the state of Kentucky is working to increase financial education within the school system and how one credit union CEO is stepping up to the plate to support these efforts.
The Extraordinary Advantage of Local
When looking for growth strategies, Chip Filson reminds credit unions that organizations that stay local are often the longest standing institutions around.
Who Is Responsible for Cooperative Democracy?
As credit unions gear up for the annual meeting season, Chip Filson reminds them not to forget who should be at the center of all decisions and included in decision-making processes: the member owners.
Next City’s Take on Credit Unions
Outsiders to the credit union industry can often see the impact credit unions have on their communities better than those in the industry can. Chip Filson details a few of those examples that spotlight credit unions that are truly serving their communities.
Credit Unions and Public Banks
Chip Filson discusses the idea of public banks, why credit unions should support their establishment, and how they have a place today to serve local governments.
Transparency: A Test for the Cooperative System
Chip Filson comments on transparency and credit unions’ ability and often motivation to keep members in the dark about their operations, and how they are learning this lesson from their regulator.
The People’s Voice: Saint Lawrence FCU Owners Veto Merger
Last fall, members of a New York credit union overwhelmingly voted to reject a merger. Chip Filson looks into the situation and why members may have responded as they did.
Reporting Coop Success In the Glare of Live Market Updates
While required to complete monthly and quarterly financial reports, few credit unions will publicly share the results of said reports. Chip Filson takes issue with this decision, which he says undermines the rights of member-owners and limits transparency.
How a Black Barber in Little Rock, Arkansas Started a Credit Union
Chip Filson shares the story of Arlo Washington, an Arkansas barber who undertook the task of forming a credit union to support his local community.
