Strategies to Avoid Mergers: Economies of Scale

Strategies to Avoid Mergers: Economies of Scale

When merging, credit unions often cite a lack of scale and economic capability. Liz Winninger and Vic Pantea discuss ways CUSOs can offer support these credit unions to help combat the rise of mergers in the industry.

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Defining the Roadmap Forward to Implementing Digital Assets

Defining the Roadmap Forward to Implementing Digital Assets

As member interest in cryptocurrencies rises, some credit unions are debating whether it’s time to meet the challenge while others balk at the mere idea. Cryptofi discusses the initial steps toward implementing crypto and how credit unions can work with third parties to bring members the technology they are asking for.

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Credit Union’s Opportunity to Reconnect with their Most “Essential” Members

Credit Union’s Opportunity to Reconnect with their Most “Essential” Members

Now that massive layoffs are beginning to hit white-collar workers, Chip Filson urges credit unions to offer their support, while never forgetting the essential members that got them to where they are today.

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Once Again, Advocates Push Marijuana Banking Bill

Once Again, Advocates Push Marijuana Banking Bill

The House has passed legislation seven times giving financial institutions a regulatory safe harbor if they provide services to marijuana-related businesses, but each time, the measure has died in the Senate, reports David Baumann. Eighth time’s the charm?

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Strategies to Avoid Mergers: Adopting a Broker Model

Strategies to Avoid Mergers: Adopting a Broker Model

Credit union consolidation and mergers pose a threat to the industry’s many CUSOs and vendors, say Liz Winninger and Victor Pantea. Assisting credit unions in adopting a broker-like model, they argue, can help credit unions increase their product and service offerings and potentially avoid mergers altogether.

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Credit Unions Should Harness AI to Boost Inclusive Lending

Credit Unions Should Harness AI to Boost Inclusive Lending

Try as we might, standard lending methods can often be fraught with bias—unintended or otherwise—which can negatively impact underserved communities. Nidhi Panday of Zest AI shares the benefits of using AI decisioning to increase lending inclusion.

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How to Create and Use a SWOT Analysis

How to Create and Use a SWOT Analysis

If your credit union’s marketing is starting to feel stagnant, a SWOT analysis can help you reassess and examine new ideas. Shabana Deckinga shares the strategy behind creating such an analysis.

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CFPB’s Credit Card Late Fee Proposal Continues to Draw Criticism from CUNA

CFPB’s Credit Card Late Fee Proposal Continues to Draw Criticism from CUNA

In a letter to the CFPB, the Credit Union National Association details its reasons for opposing the Bureau’s proposed reduction of maximum allowable credit card late fees to $8, reports Esteban Camargo.

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How to Plan a Sustainable Event

How to Plan a Sustainable Event

Events, while fun, can often come with large amounts of waste, energy, and carbon emissions. Thankfully, Stephanie Underwood has a few ways to help you make any event more sustainable and lessen the impact it has on the planet.

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Tips and Tricks for Creating a Successful Onboarding Program

Tips and Tricks for Creating a Successful Onboarding Program

Hiring and retaining quality talent can be challenging for any organization, but there are ways to give your credit union better odds. Tonya Cohen shares ideas on how to create a successful onboarding program and how the implementation of one altered her department completely.

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