Cross Border Payments: How Credit Unions Can Remain Vital
In the race to keep up with new technologies and member expectations, Almond FinTech’s Howard Davidson encourages credit unions not to overlook an essential and increasingly popular service: cross-border payments.
NCUA’s Proposed 2025 Operating Budget Would Be Nearly $100 Million More Than Its Approved 2022 Budget
NCUA’s budget proposal for 2024-2025 has been released, and the numbers they are asking for should be setting off alarms with credit unions, says CUSO Magazine’s Esteban Camargo.
Are Credit Unions Being Disrupted?
Chip Filson debates the possibility of disruption within the credit union industry, from what competition said disruption might be originating, and what this may suggest for the industry.
Are You Driving Your Career or Just Along for the Ride?
All too often, people become relaxed in their positions and simply wait for the next opportunity to come their way instead of actively seeking it out. John Beauchamp urges professionals to get behind the wheel and start making moves to get the position they want, as opposed to sitting in the passenger seat of their career.
A Gen Z Story About Money Management in the Digital Era
Marit Hoyem reflects on lessons learned in making and sticking to a budget when using primarily digital payment methods, which can make it difficult to grasp spending habits.
Credit Union Leaders and Bravery: A Rare Combination
All too often, credit union leaders fail to stand up for their members and instead choose to take the easier path, that of least resistance. However, there are examples of those who choose to go against the grain and stand up for what they believe is best for the credit union and members. Chip Filson tells the tale of two such CEOs.
Credit Unions Vs Banks: Finding My Financial BFF
Long-time bank customer and recent credit union industry employee, David Boden, wonders if his money really is better off with a credit union over a bank and goes on a informational journey to finally learn which is best for him.
Staying In One’s Lane
In an effort to grow, financial institutions are at risk of veering in directions that do not align with their foundations or their members’ best interests, argues Chip Filson, who urges credit unions to stay in their lane.
Democratic Disruption at an Annual Meeting
Chip Filson shares the debate that occurred at SECU’s annual meeting and how it serves as a rare example of the often overlooked aspect of credit unions: coop democracy.
Liquidity and the Incremental Cost of Borrowing
Thanks to changes in the Federal Interest Rates affecting the need for increased liquidity, examiners are more careful than ever to insure credit unions are maintaining acceptable levels of liquidity. Jim Craven offers ways for credit unions to assess their liquidity and action steps they can take to meet these challenges.
