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.
Are We Morphing the Wrong Way?
As the price for just about everything is increasing, so are the seemingly endless fees credit unions are charging their members, says Jerry Collins, who argues that these fees burden members and work in opposition of the foundation on which credit unions are built.
Do Credit Union Names Matter?
Juliet believed that names had little bearing on how something is treated or viewed. Chip Filson believes differently, arguing that credit union names—and name changes—can say something about how the institution sees itself and its members.
Why AI Cannot Replace Your Writer: Part Two
In the final part of her series on AI-generated content, Emily Claus delves into the legal and ethical concerns, including several lawsuits, currently surrounding the use of AI material and why using it for anything important at the moment would be a misstep.
Why AI Cannot Replace Your Writer: Part One
AI-generated writing can seem like magic, one that many writers were certain would make them disappear. But once you pull back the curtain, the method is fraught with errors, legal and ethical debates, and lifeless content. Emily Claus shares why AI isn’t ready to replace your writer and why depending on it can be risky.
What Can Be Done About the Drought of New Credit Union Charters?
The credit union industry was founded based on need; those unable to secure financial services turning to their communities for help. Chip Filson argues that this founding nature is slipping away but can still return to its roots.
The CUNA-NAFCU Merger: What It Is and What It Means
Following the announcement of the CUNA and NAFCU merger intentions, CUSO Magazine’s Esteban Camargo provides some background on the organizations and touches on whether or not the merger will ultimately benefit or harm credit unions.
