In today’s data-driven world, credit unions must rethink how they manage and leverage their data. Traditional data management approaches no longer suffice in an era of rapid technological advancements. By adopting a modern data [...]
The next meeting of the Fed is on September 17-18 and chances seem high that they’ll be lowering interest rates. Lower interest rates have the opportunity to provide some much-needed relief to the average [...]
Economic reports continue to show that while the American economy is strong, the average consumer is still feeling the strains of high inflation and increased interest rates. And when consumers feel the strain, so do [...]
Personalization is everywhere! Think about the Netflix prompt, “Did you like this?” where you give a thumbs up or thumbs down to help personalize your profile to your taste and watch more of what you [...]
Credit Unions across the country have been going through multiple challenges in the last few years, resulting in a 30% decrease of credit unions nationally. This decrease has occurred through consolidation and pressures from traditional [...]
Fair lending is the new boogey man of the credit union world—not because we don’t want to practice it, but because we’ve now seen what can happen when an institution is accused [...]
Even though most reports tell us the American economy is strong, most US citizens are feeling the squeeze of a rising cost of living. Rent, groceries and other common expenses are at an all time [...]
We don’t need another article to know Generative AI has officially disrupted everything. Rather than focus on the disruptive power of Gen AI, let's shift our focus towards some insights that aid better adoption. [...]
In today’s financial landscape, credit unions must optimize operations while delivering personalized member experiences. It can sometimes feel like you have to sacrifice one for the other – that in order to create personalized experiences, [...]
In today's rapidly evolving financial landscape, credit unions must embrace the transformative potential of Artificial Intelligence (AI) to stay competitive and provide exceptional member experiences. The rise of generative AI (GenAI) in the financial sector [...]
As the digital revolution continues to change how we interact with members, your credit union must consider its digital IQ. A digital IQ is how much technology your credit uses and how well it uses [...]
Liquidity challenges have been a top concern for credit unions and members for some time now, especially following the large bank collapses of 2023. Even though interest rates have begun to stabilize, the continued threat [...]
The best thing about working in a members-first industry is that when we invest in our members, we invest in ourselves. Credit unions who prioritize the financial wellbeing of their members build on that success [...]
The "Great Resignation" may be over, but the talent gap in the credit union industry persists. While there may be a larger pool of applicants, finding the right fit with the specific skills and experience [...]
Publisher’s Note: CUInsight is hosting a free webinar Wednesday, April 3 titled, “Macroeconomic Trends Impacting Credit Unions”. We hope you’ll join us! Register here. We recently passed the four-year anniversary of the start [...]
