The battle for new credit union charters
When there are no startups in an industry, the question has to be raised: is the sector dying? Here’s the worrisome question about the credit union movement: is the comparative lack of new charters [...]
Posts Tagged ‘CU24’
Winning by cooperating
“Credit unions just may have a powerful weapon in their battle for market share - but a lot don’t fully appreciate it”, said Paul Stull, CEO of the Credit Union Association of New Mexico. [...]
Here’s how to protect your ATMs against new malware
Security research firm Trend Micro has reported that suddenly ATMs are under a new kind of assault. Dubbed Alice by Trend Micro, this malware aims to steal the cash in the ATM. There are ways [...]
A look ahead to 2017: What’s next for credit unions?
As 2016 draws to a close, credit unions are facing a range of concerns, from the impact of a new presidential administration to the fate of the Dodd-Frank Act. With so many surprises over the [...]
Treat yourself to the right partner
At this time of year, the only thing you’ll find more prevalent than everything-pumpkin, are Halloween costumes. Every store, no matter what they traditionally sell, is transformed and loaded with masks, capes and everything [...]
Your credit union: More than a financial institution
Sometimes we get so caught up in our work, in doing what we do, we forget about the impact that work has on so many people’s lives. This is so true in the credit [...]
What do millennials really want in a financial institution?
All across America, the oldest millennials have reached their early 30s and are settling into their careers. But credit unions and other financial institutions often miss the mark (whether angling to come off as “too [...]
The other side of the chip
Even if you’re only tangentially part of the credit union movement, you’ve surely been exposed to the letters EMV on pretty much a daily basis. And, with the October deadline looming, the coverage [...]
Make your credit union small in a big way
Before I joined CU24, I was fortunate enough to be the CEO of a small credit union for nine and a half years. During this time, I developed a healthy appreciation for what it means [...]
How lessons from my mom apply to your credit union
Lately, I’ve found myself thinking about my mother a bit more than usual. Happens every year around this time. It's funny: most of the time I spent growing up, I didn't think my mother [...]
Wooing GenZ with your mobile strategy
Those in the GenZ, post-millennial generation are often described in terms both descriptive and derisive - inattentive, apathetic, or technologically addicted. Of course views, and the truth, vary, and the stereotypes often don’t apply. [...]
Saving small credit unions with big data
“...Chartering a credit union nowadays is a difficult (almost impossible) task. When a credit union merges today, its charter ceases to exist. If… five months later, someone realizes they should have given that credit union [...]
Consumer perception doesn’t have to be reality
Consumer perception is an important driver of growth in any business, but especially in the financial services industry. This is both good and bad. On the one hand, according to the year-end figures published by [...]
Where are mobile payments going?
Mobile has become the prevailing discussion in the payments world. Twenty-two percent of mobile phone users reported having made a mobile payment transaction during 2014. This is an increase from seventeen percent in 2013 and [...]
Is your credit union ready for the next big thing?
Given the dynamism of our industry, there is often a compelling urge to be early to market with the next new product or service. The media, trade publications, conferences and webinars often fill us with [...]