Credit Union Organizers Want North Minneapolitans to ‘Feel at Home’
George Floyd murder was galvanizing moment in effort to establish Black-led state-chartered, federally insured credit union reports David Baumann of CUCollaborate.
Are App Platforms the Future of Financial Services?
Chip Filson debates the self-service trend sweeping the financial industry and whether or not FinTech apps will take the place of brick and mortar in the future.
NCUA Charters Fourth New Credit Union This Year
The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Unity of Eatonville Federal Credit Union in Eatonville, Florida, reports David Baumann of the Washington Credit Union Daily .
Hauptman: NCUA Must Make It Easier to Form a Credit Union
NCUA board Vice Chairman Kyle Hauptman believes that the NCUA must make it easier for groups to form new credit unions and should stop encouraging small, struggling credit unions to merge, reports David Baumann of the Washington CU Daily.
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.
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...
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.