Credit unions looking to stay a vital option in the financial services marketplace should add cross-border payments to their digital transformation. Cross-border payments are “transactions between banks, financial institutions, businesses, or individuals operating in different [...]
Featuring Jack Imes, Chief Lending Consultant here at Allied Solutions. On this episode we’re discussing the current economic and financial challenges that financial institutions are facing, such as interest rate fluctuations, technology's influence, liquidity [...]
When Paducah Bank talks on social media, people listen. Its posts can generate tens of thousands of impressions and strong engagement. One Facebook post in January — about a cookie business coming to town — had 15,[...]
Financial anxiety is a serious source of stress among your members and in your community. With the combination of high inflation, uncertainty around the economy, layoffs, resuming student loans, and many other factors, people are [...]
Deposit growth issues come up frequently in strategic discussions with credit union leaders this year. One client even described the battle for deposits as “hand-to-hand combat.” Members and potential members simply have less deposits in [...]
Death is strange. One moment someone is here and then the next moment life just continues as if they were never here to begin with. As if they just existed in your memory. It’s [...]
The House and Senate are in Washington, D.C., this week, with both considering appropriations legislation on their respective chamber floors. Among the bills the House is considering is the Financial Services and General Government [...]
New data from the Bureau of Labor Statistics revealed 150,000 jobs were added in October, while gains in September and August were revised down 39,000 and 62,000, respectively. NAFCU Chief Economist and [...]
No, I don’t mean "fast." Bank or credit union strategic planning takes time. Planning is more than a day on the calendar, and your plan is more than a dusty document to stick on [...]
When it comes to covering the cost of your holiday shopping, you have several choices. Let’s take a look at some options and explore the pros and cons of each so you can make [...]
In a landmark announcement this week, two industry giants in payments, PSCU and Co-op Solutions, unveiled their plan to join forces as a combined organization. In a press conference following the announcement, PSCU President & [...]
Financial marketing is at an inflection point. Advances in technology have paved the way for an era characterized by personalized experiences. In the past, most financial marketing relied on mass media to deliver messages to [...]
We recently ran a webinar series where we asked innovative credit unions to share how they were using technology to make a difference at their credit union. The final credit union in our series was [...]
In the rapidly evolving digital landscape, your financial institution must continually evaluate and upgrade its digital offerings to stay competitive. More consumers are shifting towards digital banking services —and while the traditional brick-and-mortar banking model [...]
There are many moments in life that take courage. That require you to be strong in the face of uncertainty. That ask you to take a leap of faith. This is the beginning of one [...]
