CUInsight Minute with Lauren Culp – September 11, 2020
Our favorites from the week in sixty seconds.
Welcome to the CUInsight Minute, sixty seconds from our Publisher & CEO Lauren Culp with our favorite reads from the week.
Mentioned:
*Remembering 9/11: Memorial & Museum, including online learning for the whole family.
The key to post-pandemic success for debit
by TOM BENNETT, PSCU
A seismic shift is underway when it comes to member payment preferences, particularly as it relates to debit and digital payments. Debit has seen an impressive resurgence through the pandemic, helping to reposition checking at the pinnacle of the consumer payment relationship. (read more)
Supporting the community and gaining a competitive advantage through cannabis banking
by TONY REPANICH, SHIELD COMPLIANCE
Credit unions are well regarded for their commitment to serving their communities. This often includes providing banking services to people and organizations that are traditionally underserved by financial institutions. As a result, credit unions have become adept at forging close relationships with their members to offset the risks associated with these types of accounts. (read more)
Credit unions caught in the BLM cross-fire
by RONALDO HARDY, CREDIT UNION STRATEGIC PLANNING
With the headline making news last week that the NCUA and FDIC are the least diverse workforces among federal financial regulators following the member uprising over lack of credit union board diversity in California, credit unions must take note of the myriad of risks involved by not making diversity, equity and inclusion a strategic initiative. (read more)
