The Tennessee credit union established an enterprise risk committee in 2016 to involve stakeholders and business lines in strategic conversations.
In this Q&A, Terry Settle of Old Ocean FCU talks about serving as a remote CEO, the range of opportunities the model has presented, and the similarities with the models of larger credit unions.
The markets react mildly to yesterday’s Fed meeting.
The NCUA does not need to keep credit union corporate bailout money, if the past is still prologue.
The much-publicized Google memo got me thinking. Finance is a traditionally male-dominated field. In credit union land, 51.4% of CEOs are female yet collectively manage only 18.5% of the industry’s assets.
Free from congressional oversight, how will the still-independent NCUA answer calls for its own financial answerability?
Five can’t-miss data points featured this week on CreditUnions.com.
Interchange income at credit unions swaps places with punitive fees as a growing driver of industry revenue.
Yolo FCU wants new hires to fully understand its brand from the get-go, so it moved employee onboarding from HR to marketing.
MSUFCU looks inward to identify sticky products and save members millions.
Langley FCU asked what it would take to be a truly exceptional workplace, and it shares four ways to get there.
In the age of smartphones and smartwatches, a strong physical branch network builds trust and credibility.
Inflation has cooled, but its aftereffects still shape how credit union members spend, save, borrow, and relate to their credit union.
Risk gets a rebrand — and a bigger mandate — at MSUFCU, where a Strategic Enablement department helps initiatives move forward while keeping the organization safe and sound.
A 55+ member club is helping the Minnesota cooperative strengthen long term relationships, support active aging, and rethink how it serves members later in life.
A public-private partnership in Michigan aims to influence opportunities after high school via a child savings account that provides yearly deposits and every reason to imagine what comes after graduation.
Check all the right boxes while tying your credit union compliance efforts to strategy.
Make your succession plan strategic and give it ‘teeth’ to reap the benefits of stronger governance and more effective C-suite leadership.
Lower prices and better amenities are making pre-built homes an appealing option for credit unions looking to bolster their balance sheet and borrowers stymied by the affordable housing crisis.
Data from Vanguard shows retirement preparation declines with age, leaving no generation fully ready. The gap presents both a challenge and an opportunity for credit unions.
Bond Traders Bet Fed’s Aim Will Be Off