Tech Layoffs and Lessons for Credit Unions
Chip Filson warns credit unions not to follow in the tech industry’s footsteps in the race to shrink workforces because others are, but to trust in staff and their impact on members.
Community Banks, Credit Unions Sound Similar Themes, But Not for Long
After the failure of both Silicon Valley and Signature banks, community banks and credit unions have been seemingly united under a common enemy and are pointing the finger at larger banks. Though their interests won’t intersect for long, David Baumann warns.
CUSO Women Sets the Blueprint for Employee Empowerment
Nicole Cooper discusses the creation of CUSO Women, an employee group working to create a culture that empowers women to reach their full potential and grow as leaders, and the benefits that such a group brings to an organization.
Credit Unions’ Role in an Increasingly Cashless Society
As nations begin to transition to cashless societies, eschewing cash and coin for digital payments solutions, CUSO Magazine’s Esteban Camargo wonders what credit unions’ role should be to their communities.
What Do This Weekend’s Bank Failures Mean for Credit Unions?
Chip Filson recaps the recent failures of two mid-sized banks, the threat to the financial system, and what it means for credit unions in the near future.
In the Wake of Silicon Valley Bank Collapse, NCUA Chairman Harper Issues Statement
Following the events of the weekend, during which two mid-sized banks collapsed, NCUA Chairman Todd Harper issued a statement on the safety and soundness of the credit union system, reports CUSO Magazine’s Esteban Camargo.
Considering Outside Data Resources
Keegan Daniel discusses alternative sources for data that extend beyond the credit union and how they might be utilized to reassess the credit union’s methods.
Monthly Board Meetings: Necessary or Burdensome?
As legislation aims to reduce required board meetings from monthly to six times per year, Emily Claus discusses the potential benefits and ramifications of such a change, with input from two long-serving board members.
Dreams Can Be Dangerous
What dreams will credit unions foster: those of the members of those of the institution? Chip Filson warns that dreams can be dangerous when they fall out of line with our values.
Democrats Call on NCUA, Financial Regulators to Focus on Zelle
Financial regulators, including the NCUA, must do more to protect members and customers who fall victim to scams and fraud when using the Zelle payment network, five Democratic senators told the regulators last week, reports David Baumann of CUCollaborate.
