One State, a Credit Union CEO, and Financial Literacy
This Financial Literacy Month, Chip Filson shares the story of how the state of Kentucky is working to increase financial education within the school system and how one credit union CEO is stepping up to the plate to support these efforts.
Financial Literacy Month 2024 Kicks Off
As Financial Literacy Month 2024 kicks off, Emily Claus shares the origins of the event, why it’s more important now than ever, and why credit unions need to be getting involved. Need some ideas on how to participate? Don’t worry, we’ve got you covered there too.
A College Student’s First Credit Card
Chip Filson shares the story of Marit Hoyem and her experience attempting to get her first credit card as a young college student. Marit passes on what she went through and offers advice to credit unions seeking to make a difference in the lives of their members.
Too Much of a Good Thing: The Net Worth Balancing Act
Credit unions need to maintain a certain net worth ratio to be considered well-capitalized, and many go above and beyond to ensure the safety of their institution. CUSO Magazine’s Esteban Camargo wonders whether it is possible to be too safe when managing net worth.
NCUA’s Community Development Revolving Loan Fund to Award Up to $3.5M in 2023
The National Credit Union Administration announced that eligible credit unions will once again be able to apply for Community Development Revolving Loan Fund (CDRLF) grants in 2023, with the application window opening from May 1 to June 30, reports Esteban Camargo.
The Gaps in High School Financial Education Courses
Although mandatory financial education courses for high schoolers is growing, it is still only a requirement in a tiny portion of the United States. Chip Filson calls on credit unions to help bridge the gap as states add these courses to their curricula.
April Heralds in Financial Literacy Month
April marks the start of Financial Literacy Month, where credit unions, schools, and financial institutions alike work to improve financial education across the country. Emily Claus details the history of the event, how credit unions are celebrating this year, and how you can get in on all the festitivites!
Unlocking the Power of Financial Ratios Part Two
Continuing their series on financial ratios, Bob Frizzle, Patrick Sickels, and Christen Lipschutz share a few additional ratio tools to utilize looking to determine a CUSO’s financial stability.
Unlocking the Power of Financial Ratios Part One
Bob Frizzle, Patrick Sickels, and Christen Lipschutz explain some helpful ratios to use when looking to determine a CUSO’s financial stability.
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