The Risks and Rewards of Biometric Data
While biometric data can reduce the risk of fraud, credit unions and other financial institutions need to take steps to reduce risk and ensure the protection of said data, says Patrick Sickels.
What Are the Drivers for CUSO Merger and Acquisitions Success?
Chief Financial Officer of CU*Answers, Bob Frizzle, discusses the incentives that push CUSOs into investing in mergers and acquisitions and which motivations will yield the most success.
Celebrating Business Continuity Awareness Day
As his CUSO gears up to celebrate its annual Business Continuity Awareness Day, Patrick Schumaker reflects on the importance of business continuity, its role in any organization, and why your credit union should get involved in the festivities.
Senators Concerned CDFI Fund May Be Circumventing Regulatory Process
The leaders of the Senate Community Development Finance Caucus are questioning whether CDFI Fund officials are short-circuiting the regulatory process as they consider major changes to the program, reports David Baumann of CUCollaborate.
How to Build an Idea Into a Project
Sari Rahal offers advice on how to maximize the success of an idea, weed out potential faults, and turn that original concept into a winning project pitch for your board.
Leadership Topics: The Secret of Employee Empowerment
Empowering your employees is essential to creating a positive work environment and improving your business. But how do you go about cultivating an atmosphere of empowerment? Alycia Meyers weighs in.
Call Federal, 60 Years Young and Still Run with Passion
Chip Filson shares the story of how one credit union started over sixty years ago, and why the credit unions has stuck firm to its goal of providing “passionately local banking.”
New Chairman of Subcommittee on Financial Institutions Supports Cannabis Banking
Representative Andy Barr, a Republican from Kentucky’s 6th district, was chosen to lead the Subcommittee on Financial Institutions and Monetary Policy, which was previously known as the Subcommittee on Consumer Protection and Financial Institutions, reports Esteban Camargo.
Losing the Love: Reaching More Than Disengaged Members
Don’t wait for a member to close their account before reaching out and engaging, says data analyst Sarah Ashby. The time to reach out is now, and your data can help you figure out where to start.
Connecting Personally and Authentically With Members
Credit unions are meant to have a genuine care for their members and communities, but too often, that whittles down to nothing more than a marketing tactic. Emily Claus discusses how to balance the need for growth and digital methods with building a personal connection.
