How to spot burnout and mitigate it
Tax season is stressful and oftentimes can lead to employee burnout. Staff members who start to feel this way are likely to quit, and oftentimes they don’t wait for the…
Tax season is stressful and oftentimes can lead to employee burnout. Staff members who start to feel this way are likely to quit, and oftentimes they don’t wait for the…
Higher inflation is back. The questions now are how severe it can get and how long will that last. “Inflation is running well above target and we expect it will…
For those who read my blog consistently, you know that I’ve mentioned before, effective leadership incorporates empathizing and focusing on those in your organization. Self-serving leadership, on the other hand,…
Any changes to risk-based capital requirements—including the proposed adoption of a complex credit union leverage ratio (CCULR)—requires a delay of the Jan. 1, 2022 RBC effective date,CUNA wroteto NCUA Thursday.…
On a seasonally adjusted basis, overall consumer prices rose 0.4 percent in September, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew by 5.4 percent…
In 2020, most Securities and Exchange Commission-filing institutions were required to move to the new current expected credit loss, or CECL, model. Following the 2007-2008 financial crisis, the CECL model…
Inresearchabout the cost of “people problems” published inHarvard Business Reviewin 2016, Tanya Menonand Leigh Thompson report that “executives estimated wasting an average of $7,227.07 per line item per day, for…
Implementing a new software system is a significant milestone. However, it is even a more dramatic achievement when it delivers the considerable benefits that a customer engagement system does. Banks…
Recently, I attended a system collaboration event in which a colleague at CUNA Mutual Group beautifully captured the essence of credit unions, saying “Financial well-being for all is notathing credit…
If you spend enough time on YouTube, then you have seen your fair share of cute dogs and cats. Or maybe you prefer cooking videos or movie trailers. YouTube can…
As recently as two years ago, the practice of financial inclusion in the Southbridge neighborhood of Wilmington, Delaware, and the neighboring Route 9 Corridor was, in a word, lacking. An…
Northwest credit unions turned out in force to raise funds for the movement’s charity of choice during the Northwest Credit Union Association’s Enchanted Northwest Gala and Auction at its MAXX…
House leaders Tuesday passed a measure to extend the debt ceiling until early December by a 219-206 vote. The agreement,approved by Senate leaderslate last week, sets up a busy December…
Many organizations around the country are finding it challenging to hire excellent, committed employees. A record number of employees have quit their jobs in the past six months. In the…
If done correctly, strategic planning for credit unions is a blast. It’s always great to carve out time to discuss the future and how your organization is going to accomplish…
The COVID-19 pandemic accelerated the use of technology to help business leaders overcome challenges quickly. Employers across the country have spent the past 18 months managing the transition from working…
Be honest, do DEI discussions make you nervous? You’re not alone. As it happens, there’s a lot of fear around these topics. The real question is: what are you going…
If the bare necessity of 2020 gave rise to faster and bolder innovation in our industry, this year is riding that wave with even more new ideas coming to market.…
Ever had one of those moments where you can’t believe the statement of bias you just heard—but you feel unsure about how to respond? I was heartened to learn from…
CUNAwroteto newConsumer Financial Protection Bureau (CFPB) Director Rohit Chopra Tuesday highlighting several key principles that should guide future CFPB actions. Chopra wasconfirmedin September by the Senate to lead the CFPB.…
The Bureau of Labor Statistics issued the September jobs report last Friday, which revealed that for the first time in 2021, payroll gains failed to hit the 200,000 mark. The…
On average, Black women are currently paid 63 cents for every $1 paid to a non-Hispanic white man, according to 2020 U.S. Census data asreportedby the National Partnership for Women…
After a very tough year dealing with post-pandemic problems, credit unions are starting to see the silver lining. Credit unions continue to figure out the best way to help members…
Join our discussion about the opportunity to embrace digital transformation. We sat down with Jeff Keltner, SVP of Business Development at Upstart and talked about the current environment and challenges…