The current operating environment may be driving a growing number of credit unions to consider mergers. That may be especially true for institutions below $10 billion in assets, which don’t…
Summer is winding down and we have two more weeks of August recess to make those personal connections with federal lawmakers while they are home in the district. I can…
Fall is often “busy season,” full of budgeting, mad-dash project completion and yes, strategic planning. This works alongside budget creation, since projects you plan at the session quickly find their…
Last week, Federal Reserve ChairJerome Powellall but confirmed that aninterest rate cut is comingsoon. “The time has come for policy to adjust,” the central bank leadersaid in his keynote address…
Earlier this year, I attended a forum where Spencer Cox, Governor of Utah and Wes Moore, Maryland’s governor discussed theidea to“Disagree Better.”That is the initiative Cox has put forth in…
The need for speed in financial services marketing automation Financial services is a highly competitive industry. Consumers are bombarded with offers from various banks, credit unions, and fintech companies. For…
With interest rate cuts virtually locked in, investors are ramping up their focus on economic data over the next few months as they game out whether the “soft landing” narrative…
Inflation and the path forward were central to Federal Reserve Chairman Jerome Powell’s remarks at the Fed’s annual symposium in Jackson Hole, Wyoming last week. Powell reiterated the objective “to…
Not long ago, consumers enjoyed the luxury of financing purchases at historically low interest rates. There were occasions to finance the purchase of a new vehicle with a 0% APR…
Credit Unions for Kids did a Q&A with Teacher’s Federal Credit Union President & CEO, Brad Calhoun! Check out his answers below. What is your professional background leading up to…
Personalized real-time micro-engagements are reshaping the future of banking. In a conversation with Jim Marous on the Banking Transformed podcast, Sarah Martin of Pulsate, a mobile-first multichannel proactive growth platform…
Picture this: an attractive smiling face paired with a story about how your credit union helped your member. At the surface, it may seem like something nice to have, but…
Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying "the time has come" for the central bank to begin lowering interest…
SouthCoast Federal Credit Union in New Bedford, Massachusetts, will now open accounts for immigrants that do not have social security numbers. The $66 million-asset organization is collaborating with the Community…
There’s something for everyone next month as America’s Credit Unions prepares to host eight conferences. They will provide credit union professionals with the latest information on topics ranging from advocacy,…
Mortgage rates slipped again this week, a positive move for potential house hunters. The average rate on the 30-year fixed-rate mortgage fell to 6.46% from 6.49% last week,Freddie Mac reportedon…
This year’s election cycle is putting the issue of what American democracy means front and center. Some believe it is about majority rule-the winner calls all the shots. Others have…
Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe's premier economic gathering, the Kansas City Federal Reserve's annual symposium…
Are robots taking over the world? Is your credit union considering using AI to gain a competitive edge, or are you still undecided? These are real questions that many credit…
Candidates supported by the America’s Credit Union PAC and state leagues won across three states Tuesday. In Florida, the League of Southeastern Credit Union (LSCU) and America’s Credit Unions partnered…
In the fast-paced world of finance, credit unions rely on exceptional member experiences to stand out. But how do you know if your current approach is truly hitting the mark…
Structuring an executive retention program using Split Dollar plans provides unique financial advantages for both the credit union and the executives. One decision point in the plan design process is…
The Federal Reserve appears to be very much on track for an interest rate cut in September after a "vast majority" of officials said such an action was likely, according…
Succession planning is a business strategy that helps ensure a company’s smooth operation when employees leave due to retirement or new opportunities. Succession planning for an organization includes strategic planning…