House Panel Approves Bill to Require Regulators to Focus on Charter Simplification
The House Financial Services Committee approved H.R. 4590, which would require federal financial regulators to develop a strategic plan to encourage the chartering of new credit unions and banks, reports David Baumann of the Washington Credit Union Daily.
Students: Enrolling the Next Generation of Members
With credit union numbers dwindling and de novo efforts few and far between, Chip Filson looks at one area of the country where new ground might be made again: schools.
What Airline Disasters Teach Us About Decision Making Under Stress
Are credit unions staying situationally close-minded by using mergers as the only way out of a “bad” situation? NACUSO’s Denise Wymore thinks so, and suggests that the industry needs to look up from the blinking lights to find alternative means of succeeding.
How to Manage a Black Swan Event
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...
Banks are Currently the Envy of Credit Unions When It Comes to De Novos
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.
The Struggle of De Novo Credit Unions
Does the credit union industry stand a chance when the NCUA has made it almost impossible for new charters? Emily Claus discusses the difficulties facing startups, how far we’ve fallen, and what can be done about it.
NCUA Charters Its First New Federal Credit Union This Year
David Baumann of the Washington CU Daily reports on the first federal charter granted in 2020.
The Greatest Generation: What They Did for Credit Unions
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.
An Example for Today’s Credit Union Pioneers
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.
The Entrepreneurs: Attracting the Next Cohort of Credit Union Leaders
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.
- 1
- 2
