Checking and certificate accounts raise cash for lending and support liquidity needs at Credit Union West and Texas Trust.
Cooperatives would do well to educate and support their members through budgeting and savings plans to foster financial stability throughout the community.
The ability to effectively manage liquidity can have significant implications on profitability, stability, and reputation.
A run of bank failures in 2023 has forced all financial institutions to ask themselves whether they’re safer than troubled banks.
The Tennessee cooperative uses a “balanced balance sheet approach” to ensure steady growth in lending and deposits.
Credit unions have many ways to build liquidity, each with its own benefits and costs. Which option is right for your credit union?
Inflation has eased, but rebuilding a cushion of savings has proven difficult for many Americans.
An amended rule on public unit and nonmember shares provides new sources of liquidity for federally insured credit unions.
First quarter data shows the cost of funds increased 78 basis points annually as share certificate balance growth helped credit unions build liquidity.
The failure of First Republic Bank in early May has consumers worried about liquidity in the financial system. Here’s where credit unions landed at year-end 2022.
Roughly 80% of True Sky FCU members have used its free credit review service, which helps the cooperative deepen relationships while members improve their financial lives.
The Wyoming cooperative combines custom impact measurements with traditional KPIs to track progress on its 10-year strategic plan.
A recent executive orders kickstarted changes to retirement-savings plans. Credit unions can play a role in financial education to make sure members and employees are making the best choices for their personal financial wellness.
The Virginia-based institution hopes an Emerging Leaders program will help create a strong internal leadership pipeline. Its second cohort began its training in July.
The cost of returning to the classroom has increased more than 35% in the past decade, putting the pinch on parents and students alike.
The Tennessee cooperative is redefining wellness through Y-Fi @ Work, a free financial education program available to East Tennessee employers.
As students head back to campus this fall, the nation’s financial cooperatives jump to the head of the class with creative community partnerships, classroom-ready resources, and real financial support.
From TikTok tips to Buy Now Pay Later pitfalls, Gen Z is navigating a complex financial landscape shaped by economic uncertainty, digital innovation, and shifting priorities — test your knowledge of this nuanced generation in this interactive quiz.
Publix Employees FCU turns everyday moments into lasting financial impact. Through on-site support and a vibrant wellness program, the credit union is building trust, offering guidance, and forging financial confidence one associate at a time.
Ascend FCU’s senior vice president of marketing reflects on his entrance into the industry a year ago and what he’s looking forward to accomplishing in the next.