The Lehman Trilogy and the Arc of American Finance
Chip Filson shares the story of the rise of the Lehman Brothers and the credit union lessons that can be learned from their downfall.
Credit Unions and Small Businesses: A Niche Market You May Be Overlooking
As community-focused institutions, credit unions are often seeking more ways to get involved and support the neighborhoods they serve. Route 31 Credit Union’s Nick Green shares insights on a market credit unions should be working hand-in-hand with to build their communities, but tend to overlook: small businesses.
The Extraordinary Advantage of Local
When looking for growth strategies, Chip Filson reminds credit unions that organizations that stay local are often the longest standing institutions around.
CUNA Lending Council to Award Over $150,000 in Scholarships to Fall Conference
The CUNA Lending Council announces the Next Level Executive Scholarship to allow rising credit union lending leaders the opportunity to attend the 2023 CUNA Lending Council Conference, November 12-15, 2023, in Denver, Colorado.
A Jubilee Event
Read more at chipfilson.com “Forgive us our debts, as we forgive our debtors.” We say these words in the Lord’s prayer. Where have we seen this ever done in “real” life? Society, especially market-based ones, do not practice debt forgiveness. Capitalism is built on finance, i.e. all kinds of debt—corporate,...
The Summit FCU Teams Up With Local Organizations to Support Those in Need
Working closely with The Summit’s Regional Directors, the Summit FCU is announcing the initiatives that they will be supporting this holiday season. These selected charities are specific to each region of The Summit’s footprint and have been chosen because of the impact that they each make on their communities.
Only Six People Have Participated in Postal Banking Pilot
David Baumann of the Washington Credit Union Daily reports that a mere six people have participated in the United State Postal Service’s postal banking pilot program, USPS officials said.
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.
Underserved and Underbanked Communities Are Turning to FinTech
With the capabilities of modern technology, underserved communities are taking financing into their own hands and creating FinTechs tailor-made for their needs. Credit unions should reconsider how they’re reaching out, Emily Claus advises, or risk losing the communities they claim to serve.