Twelve Mini Data Projects to Optimize Your Credit Union
BlueOx Credit Union Data Analytics Specialist George Hopper knows that data can get away from you without regular clean up. He offers twelve mini projects to ensure your credit union isn’t sweeping potential messes under the rug.
Board Entrenchment and the Question of Compensation and Term Limits
Credit unions struggle with finding new board members, but that might be the design of an entrenched board of directors. Esteban Camargo discusses the risks of director entrenchment and what leaders might do to combat it.
House Dem Credit Union Bill Has Bankers, CUs Fired Up
As the House Financial Services Committee prepares to consider legislation that would allow all federal credit unions to add underserved areas to their fields of membership, the war of words between banks and credit unions has ratcheted up once again, reports David Baumann of the Washington Credit Union Daily.
Top Five Reasons Your Credit Union Should Be Using Online Forms
Is your credit union taking advantage of online forms? Kristian Daniel argues you should be and explains what benefits they offer your members and your credit union.
The Temptations and Drawbacks of a Secondary Loan System
CU*Answers CEO Geoff Johnson discusses the draw of a secondary loan origination system and its promises of customization, specialization, and an increase in loan volumes. Should credit unions join in the trend or be wary of all they promise?
Why Latino Community Credit Union Matters Today
Chip Filson discusses the chartering of Latino Community Credit Union back in 2000 and the way in which it has since exemplified the foundation on which cooperatives are built.
Funding Deal: $295 Million for CDFI; Easier Ouster of CU Members
House and Senate appropriators have reached agreement on an FY22 government funding package that would provide a $25 million boost for the Community Development Financial Institution program and make it easier for credit unions to expel members, reports David Baumann of the Washington Credit Union Daily.
When Will You Need Data-Driven Strategies?
Your credit union may not have a critical need for a data analyst right now, but should you really wait until race day to start working with data-driven strategies? Thomas Hull argues why you should get your credit union off the couch and start data training.
Top 8 Reasons Why You Should Know Who is Earning Dividends
Keegan Daniel explains the benefits of knowing which of your members are getting dividends and which are not, and how this data can allow you to better serve both your credit union and its members.
Asset Bubbles and Credit Unions
Chip Filson tells the tale of former FDIC Vice Chair Thomas Hoenig, the lone dissenting vote in a 2010 decision by the Fed to continue “quantitative easing.” As Americans brace for the impending consequences, Chip wonders whether credit unions are playing into a potential disaster.
