Postal Service Banking Limps On Despite Lackluster Results of Pilot Program
US Postal Service advocates are still pushing the USPS check cashing service despite dismal results from the initial pilot, which they blame on poor scope and planning. But those in the bank and credit union industries still feel it’s unnecessary reports David Baumann.
The Watchdog Continues to Rob the Henhouse
Vic Pantea questions the choices and comments made by NCUA Chairman Todd Harper, arguing his motives are to take member’s capital to cushion the organization’s budget.
Four Reasons Your Credit Union Marketing Isn’t Working
Finding the perfect marketing solution can be difficult, but nearly impossible when the credit union is standing in its own way. Bo McDonald of YourMarketingCo shares four reasons credit union marketing plans often fail and how you can avoid such pitfalls.
Explaining Credit Union Allowance for Credit Losses and CECL
As Financial Literacy Month kicks back off, Esteban Camargo continues his education series on the inner working of credit unions by examining Allowance for Loan and Lease Losses and Current Expected Credit Loss.
The Fight Against the CFPB’s Late Fee Rule Continues, But Not In Texas
In the latest update on pushback against the CFBP’s credit card late fee ruling, a Texas judge has rejected trade groups’ request for the suit to be filed in the lone star state—where the conditions are more favorable—instead of Washington D.C. Emily Claus reports.
Financial Literacy Month 2024 Kicks Off
As Financial Literacy Month 2024 kicks off, Emily Claus shares the origins of the event, why it’s more important now than ever, and why credit unions need to be getting involved. Need some ideas on how to participate? Don’t worry, we’ve got you covered there too.
Credit Unions and Small Businesses: A Niche Market You May Be Overlooking
As community-focused institutions, credit unions are often seeking more ways to get involved and support the neighborhoods they serve. Route 31 Credit Union’s Nick Green shares insights on a market credit unions should be working hand-in-hand with to build their communities, but tend to overlook: small businesses.
The Extraordinary Advantage of Local
When looking for growth strategies, Chip Filson reminds credit unions that organizations that stay local are often the longest standing institutions around.
Credit Union Acquisition of Community Banks Rising, But Still “Small Proportion of Overall Consolidation”
Credit union purchases of community banks is a hotly debated argument, with bank and tax advocates arguing that it’s time Congress reassess credit union tax exemption, but credit union advocates argue it’s a drop in the bucket of bank consolidation.
Website Design: Learning From Others
Website design can be a tricky hurdle for credit unions, but while some can be hesitant to take inspiration from other credit unions, Brett Taylor encourages credit unions to learn from their peers in order to create better websites for their members.
