The Ultimate Cooperative Advantage
In a financial business, the temptation to prove success through dollar signs and numbers is pervasive. Chip Filson reminds credit unions that their greatest success is demonstrated in their relationships with members and the impact on their communities.
Cooking with CUSO Mag: Asian Credit Unions and a Pad Thai-inspired Sandwich
In the third edition of this exclusive series from CUSO Magazine, Esteban Camargo bridges the gap of credit union education and food blog… Learn about the landscape of Asian credit unions before making Esteban’s unholy (but surprisingly delicious!) marriage of peanut butter and ranch dressing: a Pad Thai-inspired sandwich.
Don’t Tax My Credit Union
As the new administration begins enacting new policies, Joshua Velasquez details proposed changes to the credit union tax exemption status and what steps credit unions can take to push back against this legislation.
Cap on Overdraft Fees Put on Back Burner as Acting CFPB Director Bessent Freezes Activity
Following the firing of former CFPB Director Rohit Chopra, new Acting Director Scott Bessent has ordered that much of the CFPB’s current initiatives be halted. CUSO Magazine’s Esteban Camargo reports.
How Credit Unions Can Lead Successful Transformations
Jeffrey Kusler, CEO of Journey Federal Credit Union, shares his credit union’s transformation process to increase member satisfaction and retention in the hopes other credit unions may feel inspired to lead transformations of their own.
Dangers Along the A.I. Frontier: Wiretapping and Class Action Lawsuits
The rapid advancement of artificial intelligence has businesses chomping at the bit to take advantage and gain an edge on competitors, but it can come at a cost. Patrick Sickels warns of some of the ways lawyers can capitalize on the wild west of technology, and how credit unions can avoid falling victim to their payday schemes.
The Unique Challenge Facing Credit Unions
Credit unions pride themselves on member service, but can sometimes lack the product offering their members need. Joshua Herman encourages credit unions to look into wealth management products as a way to support members and generate income.
Legislation Introduced to Change CFPB Funding Method
Emily Claus reports on the newly-introduced TABS bill, which aims to bring the CFPB under the standard appropriations process, despite the Supreme Court’s ruling in favor of the CFPB last year.
Do Americans Want or Need More Credit Union Charters?
Chip Filson shares stories of the keh and the tanda, two kinds of financial institutions benefiting small communities in America, what credit unions can learn from them, and the opportunities these cooperatives signal.
Kyle Hauptman Becomes Newest NCUA Board Chairman
President Trump designated Kyle Hauptman to serve as the National Credit Union Administration’s thirteenth Chairman of its board of directors. CUSO Magazine’s Esteban Camargo reports on Hauptman’s priorities and track record on the board.
