I have never heard the expression of a “black swan event” before this year, so of course I had to Google the meaning. A Black Swan Event refers to a highly improbable occurrence with three characteristics: It is impossible to predict, It carries a massive impact, and Its shock value...
When it comes to supporting start up financial institutions, the banking industry is beating the credit union industry at its own game. Vic Pantea shares the FDIC’s commitment to de novos and what the NCUA can learn from them.
As we celebrate the 75th anniversary of VE-Day, Chip Filson reflects on other contributions made by the Greatest Generation that helped shape the future of America.
A 95-year-old lesson on pioneering new credit unions is still applicable today. Chip Filson shares the lesson of fifteen women with $4.50, the difference that can make, and wonders who will be the pioneer of credit unions today.
Renewing credit union membership with younger generations is important, but so is renewing leadership with young entrepreneurs. Chip Filson discusses the need for more encouragement of young leaders and for the NCUA to loosen the barriers to new credit unions.