Blog
Stay up-to-date with the latest developments in credit unions and how they can impact your financial future.
Credit Union Leadership & Innovation in 2021 and Beyond
Innovation is often seen through the lens of cutting-edge technology, but the cornerstone of anything innovative is the creativity to start or improve existing ideas and processes. And credit unions across the U.S. were able to grow their membership by 2.8%...
Tips for Improving Credit Union Member Retention
Acquiring a new credit union member typically costs between $400 and $700, according to CU 2.0. Depending on different estimates, it takes about 2 years for a banking customer to generate enough revenue for your financial institution to cover that initial cost....
Tips for Re-Evaluating Disaster Recovery Post-COVID
Disaster recovery planning is an essential part of every business. But what happens when a disaster strikes that is not only bigger than anything you ever needed to feasibly plan for? And what happens when the disaster is felt on a global scale? Let’s discuss...
Big Moves in Mobile Banking
Mobile banking, a feature that’s been around for years, has suddenly become a primary means for credit union members to carry out as much of their financial activity as possible. Let’s take a look at how mobile banking is succeeding – and the areas that need...
Trends in Auto Lending
Today, credit unions are tasked with adapting older or outdated processes and services to a newer market. Add a pandemic to the mix, and you see a surge in online and mobile banking that will be hard to ignore from now on. And auto lending is no different. Here...
Community Outreach during National Small Business Week
2021’s National Small Business Week is coming up. From May 3 to May 9, communities come together to highlight the importance of entrepreneurs and small business owners across the US. And this is also a great time for your credit union to perform some targeted...
Credit Union Leadership Tips for Improving Performance and Problem-Solving
“The strength of the team is each individual member. The strength of each member is the team.” –Phil Jackson Credit unions, like many businesses, are coming off one of the toughest years in modern history. To get through this and start moving forward with some...
Financial Preparedness Approaches for the Future
Financial preparedness meant something like a “rainy day” stash or “disaster fund” before the events of 2020. Many credit union members were lucky enough not to have worried about what it takes to be financially prepared. If they don’t live somewhere with...
How to Improve Credit Union Customer Service
We’ve talked previously about trends credit union customers will come to expect and ways to improve member experience in previous blog posts. But a lot has changed in the last year. So let’s take a look at some new ways to improve credit union customer service....
6 Ways to Improve Your Credit Union Website
Your credit union’s website is getting more traffic, and your members expect to be able to find more information and services than ever before. After a long year of hurried digital transformation, now is the time to optimize your business’s online presence....