The Power of Tradition: The Lesson of Longevity
Chip Filson compares the success and longevity of traditional, family-run businesses in comparison to often short life of modern ones, and asks if credit unions fall into the former or the latter.
The Power of a Cooperative Partner
Credit unions are eager to tote their cooperative difference, but not quite as quick to endorse it themselves. CU*Answers CEO Geoff Johnson calls on credit unions to examine why they turn away from cooperative partners in favor of for-profit companies that do nothing to bolster the cooperative movement.
Three Priorities for Software Development at a CUSO
In the first article of his new three-part series, software developer Bob Anderson shares the three guiding principles behind creating software as a CUSO and how to cultivate a “fit it first” mindset.
Credit Union Supported Bill Passes Senate
Over the weekend, the Senate passed the Homebuyers Privacy Protection Act, a credit union-supported bill, aimed at stopping the practice of trigger leads, Emily Claus reports.
Driving Trust and Efficiency: The Untapped Potential of Private Party Auto Loans for Credit Unions
In the face of high lending fraud rates, Brad Parker urges credit unions to take advantage of the opportunities that lie in private party lending through solutions that offer enhanced cybersecurity and a better member experience.
Igniting a Financial Rebellion: Modernizing Financial Literacy for Younger Generations
Credit unions are rushing to bring in younger members amidst the Great Wealth Transfer, but are often missing the mark on how to do so. To help, Emily Claus sat down with Todd Romer, founder of Young Money University to learn how credit unions can better connect with these potential members through modernized financial literacy programs.
A History of Credit Unions Part 5: Where We Are Today
The conclusion of our five-part history of credit unions takes us to a head-to-head confrontation with the banking industry in the 90s and the impact of the Great Recession on credit unions.
NCUA Board Members Harper and Otsuka Return for Board Meeting Prior to Stay by Appeals Court
Following their reinstatement as members of the NCUA Board, Todd Harper and Tanya Otsuka returned for the July 24 board meeting before a stay by a federal appeals court set them outside looking in once again. CUSO Magazine’s Esteban Camargo reports.
Public Hearings to Correct the Merger Free-for-All
Amidst a wave of mergers and little-to-no-information provided to members, Chip Filson calls for the creation of public hearings as a part of the merger approval process, to both enhance accountability and transparency by the credit union and encourage member participation.
A History of Credit Unions Part 4: Rapid Growth and the NCUA
Part 4 of this credit union history series explores the formation of the National Credit Union Association in 1970, the rapid growth of credit union assets over the course of the next decade, and the changes in credit union services and policies that would lead to a confrontation with the banking industry…
