Too Much of a Good Thing: The Net Worth Balancing Act
Credit unions need to maintain a certain net worth ratio to be considered well-capitalized, and many go above and beyond to ensure the safety of their institution. CUSO Magazine’s Esteban Camargo wonders whether it is possible to be too safe when managing net worth.
Credit Union Organizers Want North Minneapolitans to ‘Feel at Home’
George Floyd murder was galvanizing moment in effort to establish Black-led state-chartered, federally insured credit union reports David Baumann of CUCollaborate.
Communication is a Data Analyst’s Most Important Soft Skill
When it comes to data analytics, analyst Sarah Ashby argues that no skill is more essential to have than the ability to effectively communicate the process and findings to both experts and laymen alike.
Credit Union Ownership Education and Assuming the Obvious
In an effort to educate their members on all things financial wellness, credit unions are often in danger of skipping over how they can educate their members as owners. Emily Claus discusses the importance of ownership education and how credit unions can teach “the obvious.”
What Exactly is a Corporate Credit Union?
CUSO Magazine’s Esteban Camargo continues Financial Literacy Month by shedding some light on corporate credit unions, what they are, how they formed, and where they stand today.
NCUA’s Community Development Revolving Loan Fund to Award Up to $3.5M in 2023
The National Credit Union Administration announced that eligible credit unions will once again be able to apply for Community Development Revolving Loan Fund (CDRLF) grants in 2023, with the application window opening from May 1 to June 30, reports Esteban Camargo.
How to Effectively Use Social Media to Support Financial Literacy
If your financial literacy efforts are limited to your branch and your website, your credit union is missing out on one of its greatest tools: social media. Vivian Colligan offers insight on how to properly take advantage of these platforms and become a reliable source of education for members and potential members alike.
The Gaps in High School Financial Education Courses
Although mandatory financial education courses for high schoolers is growing, it is still only a requirement in a tiny portion of the United States. Chip Filson calls on credit unions to help bridge the gap as states add these courses to their curricula.
Explaining Liquidity in Credit Unions
It’s Financial Literacy Month and CUSO Magazine’s Esteban Camargo is back to explain key financial and economic concepts that impact our industry. In this article, Esteban attacks liquidity, explaining what it is and how credit unions manage it.
Democrats Want to Address Social Media Risks to Financial System
Following the failure of Silicon Valley Bank and Signature Bank, Democrats are questioning the impact social media might have had on the event and what user trends might have been capable of predicting.
