Your Credit Union Needs a Data Analyst, Not a Data Gopher
BlueOx Credit Union’s George Hopper explains why your credit union needs a data analyst, as well as what to avoid when taking the plunge, and what to look for in a good analyst.
A Cooperative DEEP in Formation
Chip Filson shares the story of a recently opened grocery cooperative and the optimism it engenders. Where communities pull together to provide cooperative solutions, credit unions should be there to support them along the way.
Hauptman: NCUA Must Make It Easier to Form a Credit Union
NCUA board Vice Chairman Kyle Hauptman believes that the NCUA must make it easier for groups to form new credit unions and should stop encouraging small, struggling credit unions to merge, reports David Baumann of the Washington CU Daily.
Understanding Contract Terms and Risk Assessments
Patrick Sickels provides a look into contract terms that credit unions should watch out for and understand before signing on the dotted line.
Death and Taxes: A Tale of Bank vs. Credit Union Lobbying
Banks and credit unions have been duking it out in D.C. over the tax exemption status the latter are allowed. David Baumann recaps the lobbying efforts both sides are making to discredit the other.
Executives on Leadership: How to Build Trust
Alycia Meyers dives into the method behind trust and shares a few secrets from leaders on how they build trust–starting with employees.
Hood: Regulators Need to Develop Joint Cannabis Banking Policy
NCUA Board member Rodney Hood called on federal banking regulators to begin developing a joint principles-based approach to marijuana banking, reports David Baumann of the Washington CU Daily.
Contactless and Digital: The Shift of Payment Options and Where They Go from Here
Linda Stearns reflects on the shift to contactless payments and digital wallets over the last couple years and how this will affect payments going forward.
The Coterminous Advantage
Negotiating vendor contracts all at once may seem overwhelming, but Ed Jesionowski argues that it gives the credit union a great advantage in the long run.
What Credit Unions Can Learn from Morris Plan Banks
Morris Plan banks, which began the same time as credit unions, were the original consumer bank lending success. Their growth far surpassed credit unions. There are none left today. Is there a message for credit unions seeking scale by buying whole banks in this example? Chip Filson looks into the now extinct banks.
