Help Your Members Achieve Their New Year’s Resolutions
Someone is making a list and checking it twice, but this time, it’s not Santa, it’s your members making their New Year’s resolutions. While most won’t make it past January, your credit union’s resources and products can help your members reach their financial goals for 2024, says Emily Claus.
Should You Be Educating Your Members on Debit and Credit Card Fraud?
While financial institutions are typically up-to-date on the latest fraud types and scams, members are not. Heather French encourages credit unions to continuously educate members on various fraud types they might encounter and offers advice on what steps the credit union can take to prevent fraud.
Financial Literacy Spotlight: Phroogal Founder Jason Vitug and the CU Happy Tour
When Jason Vitug resigned as CEO of his credit union, he wasn’t sure what was next, until a bolt of inspiration hit. Now, Vitug works alongside the credit union industry to bring financial literacy and wellness to credit union employees, members, and communities alike. Emily Claus sat down with Vitug to discuss his journey and his upcoming CU Happy Tour–a 50-state, 100-credit-union collaboration effort to make financial literacy a national conversation.
Even More Ratios to Understand Your Credit Union’s Performance
CUSO Magazine’s Esteban Camargo follows up on his previous article on important credit union ratios to understand with five more KPIs credit union leaders use to gain a grasp of their credit union’s financial performance.
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.
What Exactly is a Corporate Credit Union?
CUSO Magazine’s Esteban Camargo continues Financial Literacy Month by shedding some light on corporate credit unions, what they are, how they formed, and where they stand today.
How to Effectively Use Social Media to Support Financial Literacy
If your financial literacy efforts are limited to your branch and your website, your credit union is missing out on one of its greatest tools: social media. Vivian Colligan offers insight on how to properly take advantage of these platforms and become a reliable source of education for members and potential members alike.
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.
Explaining Liquidity in Credit Unions
It’s Financial Literacy Month and CUSO Magazine’s Esteban Camargo is back to explain key financial and economic concepts that impact our industry. In this article, Esteban attacks liquidity, explaining what it is and how credit unions manage it.
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!
