Happy New Year from the Editors
The editors of CUSO Magazine would like to wish you a Happy New Year and good tidings in 2021! We share our well wishes, a recap of 2020 for the publication, and some of the most popular articles from the year.
NCUA Personnel Moves: Cole Retires; Hauptman Hires Sarah Canepa Bang
Announcing National Credit Union Administration staff moves: J. Owen Cole is retiring and Sarah Canepa Bang has been hired by Vice Chairman Kyle Hauptman as his senior advisor, reports David Baumann of the Washington Credit Union Daily.
Chairman Hood’s House Testimony: Members’ Interest Only Matters When Selling to a Bank
Chip Filson wonders whether members’ interests are protected in both credit union-bank acquisitions and mergers, or only the former.
Four Steps to Better Governance
Former credit union CEO and current consultant Steve Winninger shares four steps for boards of directors and their CEOs to lay the framework for successful operations.
Bankers Say NCUA Subordinated Debt Rule Undermines Credit Union Mission
David Baumann of the Washington CU Daily reports that the Independent Community Bankers of America and the American Bankers Association have criticized the National Credit Union Administration for a final rule allowing low-income, complex and new credit unions to issue subordinated debt.
Making a Difference Through Analytics
When the pandemic first hit, BlueOX Credit Union management realized grasp of the data would be necessary to weather the storm. VP of IT Deb Slavens explains how they created the Early Warning Report to meet that need.
Don’t Let Coronavirus Be a Barrier Between Your Credit Union and Your Community
In the middle of a pandemic, it can seem impossible for credit unions to stay connected to their communities, but Emily Claus offers a reminder that staying connected isn’t a choice, it’s essential to what defines credit unions.
When Vision is Lost: Difficile Est Bonum Esse
As we celebrate this holiday season, Chip Filson reminds us that doing good is very hard, but ultimately worth it. Sustained vision is difficult to maintain, but it’s not impossible and we have an obligation to our founding principles to fight for that vision.
Kyle Hauptman Sworn In as NCUA Board Member
Kyle Hauptman was sworn in by Chairman Rodney Hood as a member of the National Credit Union Administration board on Monday, December 14, 2020, reports David Baumann of the Washington Credit Union Daily.
Crafting Approaches to How You Delegate is the Key to How You Respond to Your Board
Randy Karnes discusses how leaders can use their approach to delegating to assist in reporting to their boards and breaks down his personal formula.
