Credit Unions vs. FinTechs: Competition or a Learning Opportunity?
After attending CO-OP Financial Service’s THINK event, Emily Claus debates the rising popularity of FinTech companies, their business models, and what threat they might pose to credit unions.
Cannabis and Credit Unions: House Passes the SAFE Banking Act
On April 19, 2021, the House officially passed the SAFE Banking Act, which aims to protect financial institutions servicing cannabis accounts. Emily Claus covers the path of the legislation, where it goes from here, and what its odds of success are.
The Evolution of Tellers: Past, Present, and Future
Emily Claus takes a trip through the evolution of the teller role and speculates what the future of the position may look like in the face of improving technology.
Xceed Financial Credit Union to Merge with Kinecta Federal Credit Union
Emily Claus discusses the merger of Xceed Financial Credit Union and Kinecta Federal Credit Union going into effect next month and debates the reasons behind low member participation.
Biden Appoints Todd Harper As New NCUA Board Chairman
On Monday, January 25th, President Joe Biden appointed Democrat Todd Harper as the new NCUA Board Chairman.
Project Give Back: Public Service Credit Union Makes Members’ Christmas Wishes a Reality
Public Service Credit Union decided to play Santa this holiday season with Project Give Back. Emily Claus details how they succeeded in making their members’ wishes come true and inspiring their community.
Happy New Year from the Editors
The editors of CUSO Magazine would like to wish you a Happy New Year and good tidings in 2021! We share our well wishes, a recap of 2020 for the publication, and some of the most popular articles from the year.
Don’t Let Coronavirus Be a Barrier Between Your Credit Union and Your Community
In the middle of a pandemic, it can seem impossible for credit unions to stay connected to their communities, but Emily Claus offers a reminder that staying connected isn’t a choice, it’s essential to what defines credit unions.
Is Cannabis the Next Golden Opportunity for Credit Unions?
With medicinal and recreational marijuana businesses becoming more commonplace, Emily Claus debates the high-risk, high-reward stakes credit unions should be aware of when considering working with these accounts.
Rethinking Traditional Operations Management at the Core
CUSO Magazine sat down with Jim Lawrence, VP of Business Continuity and Operations for CU*Answers, to discuss his CUSO’s collaboration between Operations Management and Business Continuity and why others might want to consider following their lead.