Have Members Seen ALL the Alternatives?
When voluntary mergers are proposed, do members of the absorbed credit union deserve more say in where their members’ equity should go? Vic Pantea thinks so. He looks at the potential merger of Xceed Financial Credit Union and Kinecta FCU and wonders what should happen to $95M in equity.
Suspicious Activity and Fraud: Warning Signs to Watch Out For
Credit unions need to cover a lot of ground when it comes to compliance and regulations. Thankfully, Marvin Johnson has some advice on where you should be focusing your time and efforts.
Banks and Credit Unions Don’t Merge, Stop Saying Otherwise
Saying a credit union “merged with” instead of “acquired” a bank may seem trivial, but Chip Filson doesn’t think so. He says it blurs the lines between the two different financial institutions and weakens the cooperative nature of credit unions.
CUNA’s Nussle: PPP Loans Causing Net Worth Problems at Credit Unions
David Baumann of the Washington CU Daily reports that PPP loans are remaining on credit union balance sheets for longer than expected, causing regulatory headaches for credit union officials, according to CUNA President/CEO Jim Nussle.
Solving the Millennial “Problem”
Millennials (and now Gen Z) have become the boogeymen of credit union marketing. Esteban Camargo suggests that the solution to the “problem” might mean credit unions need to take a tougher look at themselves first.
Understanding the Member Perspective: An Experiment
Taking a step back from the CUSO end of things, Bob Anderson experiments with seeing things from the members’ perspective and walking in their shoes to see what he can learn and where his CUSO can improve.
Rethinking Traditional Operations Management at the Core
CUSO Magazine sat down with Jim Lawrence, VP of Business Continuity and Operations for CU*Answers, to discuss his CUSO’s collaboration between Operations Management and Business Continuity and why others might want to consider following their lead.
Sen. Brown Questions Whether Financial Regulators Are Prepared for Pandemic Impact
As the financial health of consumers deteriorates due to the pandemic, Senate Banking Committee ranking Democrat Sherrod Brown of Ohio said he is concerned that financial services regulators, including the NCUA, are not prepared for a possible financial crisis, reports David Baumann of the Washington Credit Union Daily.
The Value of Organization within an Organization
Organization is an often overlooked job skill for an employee. But the ability to plan, prioritize, and achieve goals can save your credit union or CUSO time and money (and you hassle). For some people, organization comes easy; others find it to be challenging. Getting into a routine with your...
Celebrating International Credit Union Day
Celebrating credit unions and their cooperative spirit around the globe, the 72nd International Credit Union Day® focuses on inspiring hope and support during difficult times. Emily Claus delves into this year’s theme, meaning, and celebrations.
