Succession Planning: Prepare Your Next Generation
A lack of succession planning can be a credit union’s downfall. Becky Frankowski urges credit unions to begin developing a succession plan now to set their credit union up for success in the future.
It Might Not Be Broken, But You Should Still Fix It
It’s easy to get comfortable in routines and processes, especially when that’s the way they’ve always been done. But Holly Roberts encourages credit unions to step out of and reexamine their routine to see where there might be room for improvement.
Important Vendor Relationships When Beginning A De Novo Credit Union
There are a number of vendors to line up before a credit union can open its doors, but figuring out where to start can be overwhelming and difficult. Doug Collins covers all the key relationships De Novo credit unions should look to build in the months before opening.
So I’m Thinking of Starting a Project
Project Coordinator Daniel Kreuger shares strategies for keeping your project organized, on track, and—most importantly—aligned with the original purpose of the project.
Ditch Your SWOT and Replace it With This
SWOT Analyses have been considered a tried-and-true practice for strategic planning, but Bo McDonald of Your Marketing Co suggests chucking it out the window for some more accurate methods.
Supporting Real-time Payment Networks During Business Continuity Events
As we wrap up Business Continuity Week, Bob Anderson shares how you can set your credit union’s infrastructure up for success to keep critical functions such as real-time payments accessible during business continuity events.
The BCI Celebrates Business Continuity and Resilience Awareness Week
May 13th – May 17th marks the start of the annual Business Continuity and Resilience Awareness Week, hosted by the Business Continuity Institute. Emily Claus dives into the importance of the event, resources provided, and how credit unions can use this opportunity to better prepare for the unexpected.
Overcoming the Myths of Full-Service Card Processing
Third party vendors are all too eager to convince credit unions they’re not equipped to handle card processing on their own, but one credit union CEO, Jim Ryan, proved them all wrong and show your credit union how you can too.
Investing in FinTechs and CUSOs to Increase Technological Capabilities
As the need for new technologies and faster innovation rises, credit unions can be tempted to merge with larger credit unions that can achieve those goals. However, there are alternatives to consider and partnerships that can bring value to the credit union and the member without the loss of a credit union. Emily Claus shares insight on how investing in CUSOs and FinTechs can increase your credit union’s technological capabilities.
Budgeting for the Budget
There’s more prep and planning needed when making a budget than most people realize, and there are many items and considerations that go unaccounted for. Amber Jecks offers tools and tips on how to create a budget that meets your goals and plans for the unexpected.
