Credit unions facing an economic downturn need to avoid being swayed by the doomsayers, says Chip Filson. The most important thing for credit unions is in how they respond.
On Wednesday, May 13, over 400 credit union representatives met virtually with Michigan Governor Gretchen Whitmer and Department of Insurance and Financial Services (DIFS) Director Anita Fox to discuss the state of the industry.
As policies change and we all learn to adapt to new environments, many are taking advantage of the situation, trying to find weaknesses in credit union’s security. Matt Sawtell wants to make sure you have your bases covered and aren’t leaving your members vulnerable to an attack.
As Michigan restaurants face their second month of closures, ATL Federal Credit Union is encouraging members to support local establishments and rewarding them for their effort. CEO Robert Shane details the inspiration for the project and how you can get involved.
If you’re an event planner, chances are you’ve been scrambling to deal with the fallout of coronavirus and cancelled plans. But how will this experience affect the future of event planning and what contingencies planners factor in? Stephanie Underwood shares her thoughts.
As credit unions across the nation work hard to adapt to difficult circumstances, CEO Jim Dean shares how Affinity Credit Union has approached the situation, and shares his feelings on why a policy of open honesty is the best solution.
As credit unions work to adjust to their new normal and find the technologies to continue serving their members from a distance, fintech companies are stepping in to help. Emily Claus shares examples of such companies and what kind of support you can receive for your credit union.
With COVID-19 altering the country every day, credit unions are being required to make significant decisions and changes with little notice. Jim Vilker lends some guidance on how to prepare your credit union for any eventual justification that may be required once things return to the norm.