Blog
Stay up-to-date with the latest developments in credit unions and how they can impact your financial future.
Key Traits of Strategic Credit Union Leaders
In a world of financial uncertainty and ever-changing market dynamics, credit unions need leaders who can navigate the choppy waters with strategic prowess. These individuals possess a unique set of characteristics that distinguish them from the average manager. From...
How to Retain Loyal Members: 5 New Member Retention Strategies
They say loyalty is hard to come by these days – but what if I told you there were proven strategies that could make it easier? In today's fast-paced world, where everyone seems to be constantly on the move chasing the next best thing, keeping members engaged and...
A Credit Union’s Guide to Selecting a Fintech Partner
The marriage between finance and technology has given birth to a new era in banking: fintech. With its ability to leverage cutting-edge technological advancements, increase efficiency, and mitigate risk while cutting costs, fintech implementation is rapidly gaining...
Generational Banking: Credit Union Services for Millennials & Gen X
Are you a credit union looking to tap into the potential of millennials and Gen X? Look no further! In this article, we will explore how you can attract these prospective members while driving loyalty and increasing your bottom line. With their increasing purchasing...
Generational Banking: Marketing Credit Union Services for Gen Z & Baby Boomers
For financial institutions, understanding and catering to the preferences of various generations is essential. Credit unions must navigate the diverse expectations of baby boomers, Generation X, millennials, and even Generation Z to remain competitive. The...
Empowering Credit Unions: Winning Millennial and Gen Z Business
As inflation looms and costs rise, credit unions are strategically tapping into technology, data analytics, and better loan offerings to attract the attention of the younger generations, particularly millennials and Gen Z. These digitally inclined members...
Regulators Call for Credit Union Support in Commercial Real Estate Stress
The Federal Reserve, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, and National Credit Union Administration have issued new guidance urging financial institutions, including credit unions, to provide short-term accommodations for...
Navigating Rising Interest Rates: How Credit Unions Can Thrive
In the world of finance, we often get caught up in buzzwords and complicated theories. But at its core, the economy is straightforward: supply and demand determine prices, purchasing power drives demand, and technology shapes supply. When demand is higher than...
Deposit Flight: 5 Ways Credit Unions Can Seize the Opportunity
In recent months, the financial sector has been experiencing a significant shift known as deposit flight. Several banks (Silicon Valley Bank, Signature, and First Republic Bank) collapsed due to this phenomenon, where customers withdraw their deposits and move...
FedNow and Your Credit Union: Are You Ready?
In the rapidly evolving financial landscape, credit unions play a vital role in providing innovative solutions to their members. As the Federal Reserve prepares to launch the FedNow service this month, credit unions need to stay ahead of the curve and embrace...