Help Your Members Achieve Their New Year’s Resolutions
Someone is making a list and checking it twice, but this time, it’s not Santa, it’s your members making their New Year’s resolutions. While most won’t make it past January, your credit union’s resources and products can help your members reach their financial goals for 2024, says Emily Claus.
Are Credit Unions Moving Beyond the NCUA?
Despite a lending capacity of nearly $20 billion, the Central Liquidity Facility has not issued a loan since 2009, leaving many such as Chip Filson wondering if the organization has outlasted its usefulness.
Despite Earlier Success, Marijuana Banking May Be a Ways Off
With Congress recessed, any expectations for protections to financial institutions serving cannabis businesses will have to wait until 2024, and most lobbyists and Congressional staff suggest even that is unlikely.
How Returns Demonstrate Respect to Owners
Credit unions or cooperatives hoping to provide dividends to their owners at the end of the year will need to plan and budget for it much earlier than expected, says Bob Frizzle, who offers concrete steps and a timeline to follow.
NCUA Board Finalizes 2024-2025 and Central Liquidity Facility Budgets
Following its October budget proposal and subsequent commenting period, the NCUA Board has approved the 2024-2025 and Central Liquidity Budgets, reports CUSO Magazine’s Esteban Camargo.
The Dangers of Rumination
Reflection is a powerful tool that can be used to better ourselves and our work. However, athlete and CEO Liz Winninger advises against reflecting to the point of rumination, which can have the opposite effect and end up demotivating employees.
Credit Unions and the Evolution of “Buy Now Pay Later” Lending
Chip Filson dives into the history of buy now, pay later and how the practice—and those who use it—has changed over the decades.
How Can Today’s Automotive Trends Help Credit Unions Refocus Their Membership Growth Strategies For 2024?
In order to prepare their growth strategies for 2024, Mark Edmundson offers a view of past and current trends in the automotive industry and what said trends might signal for the upcoming year.
Should You Be Educating Your Members on Debit and Credit Card Fraud?
While financial institutions are typically up-to-date on the latest fraud types and scams, members are not. Heather French encourages credit unions to continuously educate members on various fraud types they might encounter and offers advice on what steps the credit union can take to prevent fraud.