Credit Unions Need M&A to Grow and Technology to Sustain It
In a desire to expand, credit unions have been acquiring community banks and growing their reach. Alex Jimenez explains why these institutions will then need the technological capabilities to back those mergers and acquisitions up and maintain their members.
Credit Union Agencies Concerned Credit Card Competition Act Will Be Included In Disaster Relief Bill
When Congress reconvenes in November, it will rush to pass disaster relief for those affected by recent hurricanes. However, rumor has it that the proposed Credit Card Competition Act would be tacked on to the must-pass legislation, prompting concern from credit union groups, Emily Claus reports.
Almost 100,000 Members Vote in SECU Election
Chip Filson shares the impressive outcome of SECU’s recent board election, in which nearly 100,000 credit union members turned out to vote.
Bringing Communities Together On International Credit Union Day 2024
As credit unions worldwide celebrate the 76th annual International Credit Union Day, Emily Claus shares the history of the event, the year’s theme, and how credit unions are commemorating the occasion.
Building Wealth in Low and Moderate Income Communities
Renée Sattiewhite of the African American Credit Union Coalition shares how credit unions can focus on building wealth in moderate to low income communities through financial education, debt management support, and investment opportunities.
Justice Department Takes Action for the First Time Against a Credit Union Following Redlining Allegations
In its first ever action against a federal credit union, the Department of Justice agreed to a landmark $6.5M settlement with Citadel Federal Credit Union, putting pressure on credit unions with expanded fields of membership.
The Critical Role of Workplace Recognition
Providing ample recognition and feedback to employees is a simple yet effective tool which, according to Caliann Alderman, can increase employee satisfaction and morale while also lowering employee turnover.
How to Build a Successful Internship Program
Internship programs can bring great value to credit unions and CUSOs, even if getting started can be a bit overwhelming. Paige Luce shares details on how to build a program that works for the credit union and its interns.
Documentation: Less Is More
When it comes to writing documentation, keeping your writing short and simple is the best route to ensuring your message is conveyed to your audience in a clear and understandable way, says Kendra Erickson.
America’s Credit Unions Submits Letter on Potential Amendments to National Defense Authorization Act
Last week, America’s Credit Unions submitted a letter regarding the National Defense Authorization Act, asking committee members to oppose amendments to key credit union issues, Emily Claus reports.
