Tips for Managing Your Next CUSO Examination
CUSO examinations, while less frequent than credit union examinations, are no less stressful or thorough. Patrick Sickels advises on how best to prepare yourself and your staff ahead of time for an audit to make sure you pass with flying colors.
Concern for Community Makes a Comeback: Credit Unions Spread Holiday Cheer
Following a lackluster year in holiday giving during the pandemic, Emily Claus happily reports the various ways credit unions are bringing holiday cheer back and giving to their communities.
Facts vs. Fictions: the NCUSIF Financial Model Works—Even When Mismanaged
Chip Filson compares the NCUSIF’s projected net operating loss against the actual data and discusses potential ramifications for the variance in these numbers.
NCUA Board Sets NOL at 1.33%, Adopts Compromise Budget
The NCUA board agreed to a compromise budget that will return $15 million to credit unions next year and set the agency’s normal operating level at 1.33% for 2022, reports David Baumann of the Washington Credit Union Daily. The NCUA board also made decisions on final rules for the capital adequacy regulation and mortgage servicing rights.
Four Things Credit Union Executives Should Do About Cybersecurity Right Now
Dave Wordhouse covers four areas where credit union executives can look to improve their cybersecurity right now.
Credit Unions: Banks for Children
CUSO Mag’s Esteban Camargo discusses the Hollywood perception of credit unions, and the hurdles the industry faces to overcome common misconceptions among consumers.
Looks Aren’t Everything: What Makes a Website Stand Out
Designer Peter Meyers urges credit unions to take a step back from the color palettes and font choices to reexamine their website’s content and find ways to inspire users to engage with their site.
NCUA Reg Agenda: Bank Purchases, Overdrafts
During the next six months the National Credit Union Administration board may issue final rules governing overdrafts and the purchase of a bank by a credit union, the agency said in its Fall regulatory agenda.
My Sales Culture Is a Flop, What Now?
Shifting from a service culture to a sales culture at your credit union can be a tricky endeavor that often leads to confusion and hesitation. Thankfully, Julie Gessner has a guide to help make this transition beneficial and effective for everyone.
The Dates That Can Change Your Career
If you’re not making note of the dates that can change your career, you’re falling behind those who do. Randy Karnes shares his thoughts on how leaders identify opportunities to shine and then put the work in.
