A long-held tenet of investing is that small market capitalization stocks (small cap stocks) should produce a return premium relative to those with large market capitalizations (large cap stocks) over time.1 Traditionally, this assumption [...]
Credit union boards all work under their own unique structures, histories, and processes. At the same time, they face many common challenges as they seek to do their best work in governing their respective organizations. [...]
In 1728, Scottish Merchant William Hogg faced a unique problem. As a merchant of good standing, Hogg always ensured his suppliers were paid on time. However, all too often, his bills were due before he [...]
Among banks and the rest of the payments fraternity, instant payments stirs a strong mix of emotions, including optimism, skepticism, pessimism, elation, frustration and consternation. In fact, in multiple interviews The Financial Brand had with [...]
The programs allow members who might need some extra money in a given month to “skip” a payment by pushing it to the end of the loan term. The arrangement generates a little extra money [...]
Following Independence Day, we’re provided an opportunity to reflect on the values of unity, service, and dedication that define our nation and how they carry into our credit unions’ mission. For Soarion CU, formerly [...]
The Bureau of Economic Analysis Thursday released 2024’s second quarter gross domestic product (GDP) report, which showed an annual rate increase of 2.8% (compared to 1.4% in the first quarter). “GDP exceeded [...]
Research in the first quarter of 2024 found that Millennials are currently more likely than any other generation to open new financial products across the board. From primary household checking accounts, to mortgages and home [...]
In 1798, English poet Samuel Taylor Coleridge penned “The Rime of the Ancient Mariner”, an epic poem perhaps known best for the famous quote, “Water, water everywhere, nor any drop to drink.” The meaning is [...]
One of my team members told me about how her family was handling the effects of her mother’s Alzheimer’s diagnosis. One problem that surfaced was that her mother had handled the financials for [...]
Four in five Americans have anxiety about their financial situation, with 34% experiencing moderate or severe anxiety, according to a national survey conducted by Discover. More than half of respondents said high inflation contributes to [...]
Financial literacy is a crucial life skill, and equipping the next generation for financial success requires a multifaceted approach. At Fortune’s Future of Finance 2024, moderator Diane Brady spoke with Tom Davidson, Founder of [...]
Thanks to a flurry of critical news coverage, the image of credit unions being a pro-consumer beacon is being questioned on Capitol Hill and in DC regulatory agencies. The question: is this a tectonic political [...]
Are you considering an overhaul of your bank or credit union website? It's an intimidating task...and one you shouldn't rush. Your website is your front porch; it's the first place potential members or customers [...]
Before using your home as collateral to get cash, it’s crucial to understand the difference between a Home Equity Loan (HEL) and a Home Equity Line of Credit (HELOC). These financial tools can provide [...]
