Don’t Drop the Ball: How To Handle the Great Wealth Transfer While Matching Core Credit Union Values
With the Great Wealth Transfer on the horizon, families will be relying on credit unions to help make the processes as painless as possible in their time of grief. CEO Saeid Kian encourages credit unions to review and modernize their inheritance systems for the benefit of both employees and members.
NCUA Extends Temporary Interest Rate Ceiling for Federal Credit Unions
The NCUA board voted in July to extend the 18 percent interest rate ceiling through May 2026. CUSO Magazine’s Esteban Camargo reports.
How Credit Unions are Ensuring Fair Access to Credit in an Era of Complicated Income Verification
In today’s economy, where workers tend to have several income streams of various amounts, it can be hard for traditional lending methods to make an accurate assessment of a member’s lending capabilities. Justin Wickett encourages credit unions to look to modern tools to ensure fair lending practices.
Why Cash Still Matters in Today’s Economy
As many people, businesses, and institutions move away from cash, Jim Petit argues the importance of physical currency, why people still rely on it, and why we must protect it from disappearing.
America’s Credit Unions Calls On NCUA to Make Significant Changes During EGRPRA Review
In response to the NCUA’s call for comments regarding its voluntary regulatory review, America’s Credit Unions has submitted a letter calling for large changes including expanding field of membership and raising interest rate caps.
Reclaiming Civility in American Politics
Chip Filson references the change in political discussions as a reminder to credit unions not to fall into the same traps, and most importantly, to remember who credit unions are meant to serve.
The Science Behind Why Member Testimonials Work
Abigail Singrey says science should lead the way in credit union marketing, and that powerful stories and sharing how your members use your credit union will guide new customers through the door.
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.
Illinois Law Restricting Interchange Fees Unites Banks and Credit Union Groups
Banking and Credit Union groups have joined forces to file a legal complaint in Illinois to oppose the recently signed Illinois Interchange Fee Prohibition Act. Esteban Camargo reports on the groups’ filing and the law it seeks to prevent.
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.
