What Can We Learn from the Oldest FCUs?
22 of the 100 original charters the NCUA granted after the passage of the Federal Credit Union Act are still in business—a rate almost double that of all FCUs. Chip Filson ponders the reason behind this and what lessons we can take from history.
It’s Not About Growing Bigger, It’s About How We Can Grow Together
Credit union mergers have received a lot of negative attention in recent years. Canvas Credit Union CEO Todd Marksberry argues that mergers can be both a viable growth strategy and a means of better serving credit union communities.
How Are Credit Unions Different from Banks? Three Powerful Words
Chip Filson sums up the credit union difference in three words and remarks on how living up to those three words should be the mission of each credit union.
The Current State of Financial Literacy
As we head into Financial Literacy Month, Emily Claus analyzes the current state of financial literacy in the country in regard to topics such as budgeting, saving, retirement, and loans.
We Plan to Change
As Bob Anderson notes, change is inevitable. It’s how your organization chooses to plan for and respond to change that will determine its outcome. What steps has your credit union taken to prepare for changes in leadership, policy, and the market?
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.
Board Entrenchment and the Question of Compensation and Term Limits
Credit unions struggle with finding new board members, but that might be the design of an entrenched board of directors. Esteban Camargo discusses the risks of director entrenchment and what leaders might do to combat it.
Top Five Reasons Your Credit Union Should Be Using Online Forms
Is your credit union taking advantage of online forms? Kristian Daniel argues you should be and explains what benefits they offer your members and your credit union.
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.
