In 2020, the World Council of Credit Unions included key demographics in its annual Statistical Report. The survey revealed that the average age of a CU member is 53 years old, and most membership demographics [...]
On Sept. 27, under mandatory evacuation orders due to the impending Hurricane Ian, Trellance shut down our Tampa offices and redeployed to safer locations. We were concerned for our employees, our physical offices and the [...]
While compliance may be a strategic function rooted in risk management, complying with regulations often comes down to details that vary with each rule. So technological solutions often focus and specialize. Overall Disaster Recovery Compliance [...]
Storytelling is not a new concept. Everyone loves a good story, especially stories that educate, showcase real-life experiences and connect with our emotions. Storytelling is also an essential tactic for corporate communications teams, allowing us [...]
Ukrainian Federal Credit Union was founded in 1953 to serve Ukrainian immigrants who came to the US after World War II. For almost 70 years, our mission has been to provide the highest level of [...]
Did you know the ancient Greeks used automation for primitive clocks, robots and even computers? The word itself derives from Latin, meaning “acting of one’s own will.” In teaching machines to complete menial, undesirable [...]
With the world becoming increasingly aware of the concept of climate change, it’s important to spend a few moments considering how this same principle of slow, continuous change applies to leadership. Are you the [...]
The battle against stubbornly high inflation rages on as central banks around the world raise interest rates and shrink their ballooned balance sheets. A recession of some sort in 2023 is becoming a consensus expectation [...]
Just a year ago, most credit unions and banks wanted little to do with cryptocurrency. A 2021 survey by Cornerstone Advisors found that 81% of community banks and 77% of credit unions had no desire [...]
As I look at the competitive marketplace, I see some fundamental changes going on that can be a blessing and a curse to credit unions. I won’t mince words: Many of the big and [...]
I discovered my fondness for working with children in middle school when I had the opportunity to work with teachers in younger classes and help students work through different activities. I honed my love for [...]
Credit unions strive to become their members’ primary financial institution. The theory is that being the PFI increases the likelihood of a continual and robustly valuable relationship. We want to be the go-to source of [...]
Does everyone on the board of your organization understand the real purpose of board succession planning? If not, read this story about a common misconception regarding the purpose of board succession planning and how it [...]
More than 20 years ago, I moved from my small hometown in upstate New York to Maryland. I was excited to start a new chapter in my life, and I was hired by a small [...]
For almost 20 years, October has marked the beginning of Cybersecurity Awareness Month, which is dedicated to helping individuals protect themselves online as threats to technology and data become more common. This year, the Cybersecurity [...]
