Winning the battle for deposits
The Battle for Deposits is underway, and savvy credit unions are poised to grow and better meet the needs of their members. Key Takeaways: [01:28] An overview of the current macro environment. [02:55] [...]
Best of Personal Finance Archives
How debit cards can help serve the underserved
While the inflation rate declined in 2022 from 9.1% in June to 6.5% in December, it still remains more than triple the Fed’s goal of 2% (Trading Economics). Many Americans are still [...]
The future of Generation Alpha
Hello my fellow Baby Boomers, Gen X’ers and Millennials! I’m sure you all are aware of Gen Z but did you know there’s another Generation right behind them ... Generation Alpha! That’s [...]
2022 Eye on Payments: Part 4 — Generations approach payments differently
Age is one of many factors that impact a person’s habits and preferences. There are often distinctive nuances in how different generations view their finances, make purchases and approach payments. For the past five [...]
Talking flood insurance with clients living outside of a flood zone
On January 4, 2023, the Insurance Commissioner for the California Department of Insurance, Ricardo Lara, issued an alert to insurance companies, agents, brokers, and state residents: Many people may not be aware that homeowners and [...]
Digital payday loan ads: A new financial health challenge
As we stated on last week’s blog on “rent-a-banks,” the battle against the slippery predatory payday lenders is a long one; like a costly game of Whack-A-Mole, their wealthy backers and Washington lobbyists continue [...]
What is a credit score?
Your credit score is a three-digit number meant to reflect the risk you could pose to a lender when you borrow money. It offers a quick glance at your credit health and history of paying [...]
Expand your credit union revenue streams with wealth management services
Wealth management services may not be the first thing that comes to mind when people think credit unions, but that doesn’t mean it shouldn’t be a high priority for credit unions this year. [...]
What 4 wildly optimistic visions of P2P tell us about the future of moving money
Most financial services executives that you speak are quite rational. Sometimes coldly so. I remember talking to a chief lending officer at a small regional bank operating out of the Southeastern U.S. about his [...]
Tips for navigating the basics of Medicare
While you’re doing everything you can now to be a healthy retiree, you’re still going to have the expected – and the unexpected – medical costs. In fact, a 65-year-old couple who retired in 2022 [...]
The CUInsight Network podcast: Gamified financial literacy – Zogo (#49)
Thank you for tuning in to episode 49 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought [...]
Bill payments: Helping small businesses think big
Small businesses are a driving force in the U.S. economy. They employ 61.7 million workers, which accounts for 46.4% of all US employees. This shows how heavily the small businesses drive the [...]
How much do I need to save for retirement?
As you go through life, you’re going to have several financial goals. One of the biggest ones, however, will be putting aside enough money so you can live comfortably when you’re retired. However, [...]
Biggest credit card scams to look out for in 2023
No one wants to become the victim of a credit card scam. Unfortunately, the truth is that credit card fraud may be more prevalent than most Americans think — and it isn’t only the elderly [...]
4 things all couples need to know about setting financial goals
You’re probably aware that when you get married to someone, you’re merging almost every aspect of your life with them, including your finances. While this includes things like paying for household expenses and [...]