Reporting Coop Success In the Glare of Live Market Updates
While required to complete monthly and quarterly financial reports, few credit unions will publicly share the results of said reports. Chip Filson takes issue with this decision, which he says undermines the rights of member-owners and limits transparency.
CUNA Economics: ‘Encouraging’ May CPI Report
Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, responded to a statement following the Labor Department’s May Consumer Price Index (CPI) Report.
NCUA: Deposit, Assets, and Loans Grew in Year Ending Q3
David Baumann of CUCollaborate examines the various areas of growth credit unions experienced in the third quarter of 2022, per the NCUA’s report.
Marketing Should Begin and End With Data
When it comes to marketing campaigns, using data to gather contacts and view results isn’t enough, argues analyst Sarah Ashby. Data should be in every facet, from beginning to middle to end.
The Key to Creating a Good Risk Assessment
A good risk assessment is essential for determining your credit union’s current risk status and if additional loss mitigation controls are needed. So how do you go about creating one? Jim Vilker offers advice on the process.
What Is a SOC Report and Why Do You Need One? (Hint: Don’t Put It in the Laundry!)
Christen Lipschutz breaks down the various SOC reports, what’s in them, and how they can be beneficial for your credit union.
