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 * News
   
   
   
   The Many Reasons Seattle CU Decided to Close Some Branches
   
   Peter Strozniak
   
   While the city’s crime problem was a factor that led to SCU’s decision, it
   was only one factor.

 * News
   
   
   
   Partnership Supports a New Class of CU Member Service Specialists
   
   Natasha Chilingerian
   
   The Southeastern League and Generation USA team up with Envision CU to
   educate aspiring frontline CU employees.

 * News
   
   
   
   How Well Is the Credit Card Market Functioning? The CFPB Is Asking
   
   Michael Ogden
   
   The bureau wants to hear from credit unions and other FIs about the consumer
   experience with credit cards.

   





 * Career Moves
   
   PROFESSIONALS ADVANCE AT 3 CUS, CO-OP SOLUTIONS & CORELATION
   
   Natasha Chilingerian | Januar 26, 2023
   
   In addition, the National Credit Union Foundation appoints new board members.
   
   
   

 * News
   
   CDFI FUND EXTENDS BLACKOUT PERIOD, POSTPONES NEW CERTIFICATION PLANS
   
   Michael Ogden | Januar 25, 2023
   
   The CDFI Fund Application blackout period will continue for an undetermined
   amount of time.
   
   

 * Expert Opinion
   
   DETECTING INSIDER & SUPPLY CHAIN THREATS IN FINANCIAL SERVICES ORGANIZATIONS
   
   Sanjay Raja | Januar 25, 2023
   
   Learn three ways to identify users with “inappropriate access” and prevent
   insider breaches.
   
   
   

 * News
   
   LOS ANGELES POLICE FCU APPOINTS NEW CEO
   
   Peter Strozniak | Januar 24, 2023
   
   John Roemer succeeds Ed Hada, who is retiring.
   
   

 * News
   
   NCUA'S FIRST BOARD MEETING OF 2023 WILL TACKLE TWO ISSUES
   
   Michael Ogden | Januar 24, 2023
   
   Thursday’s meeting will focus on the FCU Loan Interest Rate Ceiling and the
   agency’s Annual Performance Plan.
   
   

 * News
   
   UNUSUAL ATM ACTIVITY AT CITADEL FCU HITS MEMBERS’ ACCOUNTS
   
   Peter Strozniak | Januar 24, 2023
   
   Members are made whole after thieves allegedly steal thousands over a recent
   weekend.
   
   

 * Commentary
   
   WHY COLLECTING UNCLAIMED FUNDS IS TRICKIER THAN IT SHOULD BE
   
   Henry C. Meier, Esq. | Januar 24, 2023
   
   Credit unions and unclaimed property laws: Compliance pros should keep an eye
   on what's happening in the courts.
   
   

 * Career Moves
   
   8 PROFESSIONALS MOVE INTO NEW CREDIT UNION ROLES
   
   Natasha Chilingerian | Januar 24, 2023
   
   Plus, a CEO retires after 40 years in the industry and the CUSO Aux announces
   numerous promotions.
   
   

 * News
   
   A FIRST OF 2023: NCUA CONSERVES VALWOOD PARK FEDERAL CREDIT UNION
   
   Peter Strozniak | Januar 23, 2023
   
   While the Texas-based CU posts loan growth, it also records declining net
   income over the last five quarters.
   
   

 * News
   
   ASCEND FCU CEO SET TO RETIRE THIS SPRING
   
   Michael Ogden | Januar 23, 2023
   
   Caren Gabriel will step down after 38 years at Ascend and Matt Jernigan will
   take the leadership role.
   
   




TRENDING STORIES

 1. Unusual ATM Activity at Citadel FCU Hits Members’ Accounts

    

 2. Former CU Executive Sentenced to 27 Months in Prison for Embezzlement

    

 3. Alaska USA Changing Name to Global Credit Union

    

 4. A First of 2023: NCUA Conserves Valwood Park Federal Credit Union

    

 5. 8 Professionals Move Into New Credit Union Roles

    










INSTANT INSIGHTS / CU TIMES: DIVERSITY IN THE RAW




 * NORTHWEST LEAGUE RELEASES DEI RECOMMENDATIONS FOR CUS
   
   By Natasha Chilingerian |Juli 30, 2021
   
   New report from the NWCUA and NWCUF’s DEI Task Force details strategic steps
   for CUs as employers, FIs and community partners.

   

 * CUS GIVE THEIR LEADERSHIP’S COMMITMENT TO DEI A 78/100 SCORE: FILENE SURVEY

   

 * TAKING A STANCE: A CREDIT UNION’S REPUTATION IS AT STAKE

   

 * COOPERA UNVEILS EXPANSION OF SERVICES, NEW WEBSITE

   

 * CREDIT UNIONS OPEN THEIR EYES TO DEI

   



Browse Instant Insights →    Read More Stories →

 * News
   
   ALASKA USA CHANGING NAME TO GLOBAL CREDIT UNION
   
   Michael Ogden|January 20, 2023
   
   The new name reflects its worldwide reach as the credit union’s growth
   continues.
   
   

 * News
   
   FORMER CU EXECUTIVE SENTENCED TO 27 MONTHS IN PRISON FOR EMBEZZLEMENT
   
   Peter Strozniak|January 20, 2023
   
   Monica Jackson says she is deeply sorry for her theft, and ashamed of hurting
   people at the credit union and her family.
   
   

 * News
   
   GLIA CREATES CUSO WITH PARTNER CREDIT UNIONS
   
   Michael Ogden|January 20, 2023
   
   One goal of the CUSO is to create a community focused on the next generation
   of CU member experience.
   
   

 * News
   
   INTEREST RATES TOP LIST OF 2023 CONCERNS FOR CU LEADERS
   
   Natasha Chilingerian|January 20, 2023
   
   The number of CU and bank execs who are pessimistic about their industry is
   growing, new Cornerstone Advisors report finds.
   
   

 * News
   
   CU TIMES HOSTS INAUGURAL LUMINARIES AWARDS GALA
   
   Michael Ogden and Natasha Chilingerian|January 20, 2023
   
   Check out scenes from the November 2022 event, which included a cocktail
   reception, awards ceremony and dinner.
   
   

 * Expert Opinion
   
   OVERCOMING GROWTH CHALLENGES IN SMALL BUSINESS LENDING
   
   Lindsay Burkhalter|January 20, 2023
   
   Advocate for financial wellness to appeal to business owners who value
   community, affordability and long-term investment.
   
   

 * News
   
   CREDIT UNIONS IN SIX STATES NAME NEW CEOS
   
   Peter Strozniak|January 19, 2023
   
   Mid Minnesota selects Bob Gerads to take over the helm for the retiring Chuck
   Albrecht.
   
   

 * News
   
   CONNECTICUT CREDIT UNIONS PROPOSE 'UNIQUE' MERGER
   
   Michael Ogden|January 19, 2023
   
   The merger proposal would create an opportunity to create an expanded
   business unit under one CU brand.
   
   

 * News
   
   NCUA LAYS OUT 2023 SUPERVISORY PRIORITIES
   
   Michael Ogden|January 19, 2023
   
   NCUA Chairman Todd Harper notifies credit unions of updates to examination
   programs for the year.
   
   

 * Editor's Letter
   
   2023: AN INVITATION TO INNOVATION
   
   Michael Ogden|January 19, 2023
   
   The pandemic crushed so many best-laid technology plans; maybe 2023 is the
   year those plans come to fruition.
   
   
   Load More Stories

 * Career Moves
   
   7 EXECUTIVES ADVANCE THEIR CAREERS AT 4 CREDIT UNIONS
   
   Natasha Chilingerian|January 19, 2023
   
   Board appointments are also announced by Origence and the Dakota Credit Union
   Association.
   
   

 * News
   
   FORMER VIRGINIA CEO PLEADS GUILTY TO THEFT CHARGE
   
   Peter Strozniak|January 18, 2023
   
   Kelly Givens will be sentenced in May for stealing more than $12,000 from
   FedStar FCU.
   
   

 * News
   
   BIG FOM EXPANSION APPROVED FOR CALIFORNIA CU
   
   Michael Ogden|January 18, 2023
   
   Yolo FCU expects to positively affect the financial lives of members in areas
   it wasn’t able to serve until now.
   
   

 * News
   
   CO-OP SOLUTIONS REPORTS 'STRONG SPENDING GROWTH' IN DECEMBER
   
   Michael Ogden|January 18, 2023
   
   Overall credit and debit spending are up for the month by 6.2% and 6.3%,
   respectively.
   
   

 * Commentary
   
   FTX MAY BE GONE, BUT THE IMPACT OF CRYPTO ON THE CU INDUSTRY IS JUST
   BEGINNING
   
   Henry Meier, Esq.|January 18, 2023
   
   As they wait for regulators to catch up, CUs should continue to explore this
   technology and its potential uses.
   
   

 * Expert Opinion
   
   WHY SHOULD CREDIT UNIONS STILL CONSIDER CRYPTO?
   
   Michael Garrett|January 18, 2023
   
   Learn why CU crypto offerings are of interest to investors and how
   crypto-friendly CUs are better supporting their members.
   
   

 * News
   
   DIGITAL FRAUD EXPECTED TO INCREASE IN 2023
   
   Peter Strozniak|January 17, 2023
   
   Co-op Solutions identifies three challenging trends for credit unions and
   members.
   
   

 * News
   
   HOUSTON-BASED CREDIT UNION TAPS NEW CEO
   
   Michael Ogden|January 17, 2023
   
   After decades in the credit union industry, Luke Billeri gets his shot at
   CEO.
   
   

 * News
   
   RAMPING UP TO CUNA GAC: 58 CRASHERS NAMED
   
   Michael Ogden|January 17, 2023
   
   Filene Research Institute’s Cooperative Trust reports a record number of
   applications to Crash the GAC.
   
   

 * Expert Opinion
   
   SHARING THE BENEFITS OF CREDIT UNION SALE-LEASEBACKS
   
   Ed Lopes and Steve Eimert|January 17, 2023
   
   CU senior management and/or CUSO wealth management clients can share in the
   financial benefits on the buyer/investor side of the transaction.
   
   
   Load More Stories

 * Career Moves
   
   9 CREDIT UNIONS ANNOUNCE HIRES, PROMOTIONS & HONORS
   
   Natasha Chilingerian|January 17, 2023
   
   Plus, CUNA hires Clement Abonyi Jr., former chief of staff for Maxine Waters,
   as director of advocacy.
   
   

 * News
   
   FORMER CU EMPLOYEE SENTENCED IN IT REVENGE CASE
   
   Peter Strozniak|January 13, 2023
   
   Juliana Barile gets probation for deleting Penn South Cooperative FCU’s files
   and data.
   
   

 * News
   
   AFFINITY FCU SELLS ITS N.J. HEADQUARTERS TO CUSO
   
   Jim DuPlessis|January 13, 2023
   
   Sale-leaseback deal generates $51.7 million for branch expansion.
   
   

 * News
   
   COLUMBIA CREDIT UNION APPOINTS INTERIM CEO
   
   Peter Strozniak|January 13, 2023
   
   Linsdey Salvestrin takes over the helm after the retirement of Steve Kenny.
   
   

 * News
   
   CREDIT UNIONS SUPPORT THE ARTS, FOOD BANKS & THE HOMELESS
   
   Natasha Chilingerian|January 13, 2023
   
   Plus, a lucky CU member receives $10,000 in a giveaway and an Oregon CU gives
   over $62,000 to United Way.
   
   

 * Expert Opinion
   
   2023: THE YEAR TO FOCUS ON ROI DRIVERS & TECH PARTNERSHIPS
   
   Larry Nichols|January 13, 2023
   
   Despite widespread financial concern, CUs are strongly positioned to provide
   a high level of support for their members.
   
   

 * Case Study
   
   EXECUTIVES RECOGNIZE NEED FOR INTERNAL CHANGE BUT DON’T FEEL PREPARED FOR IT,
   REPORT FINDS
   
   Willa Hart|January 12, 2023
   
   Nineteen percent of executives and 23% of workers believe delineating jobs by
   individual tasks is the best way to organize work internally.
   
   

 * News
   
   TWO WOMEN NAMED TO TAKE OVER BILLION-DOLLAR CUS IN THE WEST
   
   Peter Strozniak|January 12, 2023
   
   FirstLight FCU names Margie Salazar CEO and Amy Hysell moves to the corner
   office at Arizona Financial CU.
   
   

 * News
   
   LENDERCLOSE REBRANDS AS COVIANCE
   
   Natasha Chilingerian|January 12, 2023
   
   The new name and brand reflects the real estate and home equity lending
   fintech’s next phase of growth.
   
   

 * News
   
   TWO DENVER-AREA CREDIT UNIONS AGREE TO REFUND MEMBERS $4 MILLION
   
   Jim DuPlessis|January 12, 2023
   
   Colorado attorney general finds Bellco, Canvas owe GAP fees on auto loans,
   bringing the total credit union settlements to eight.
   
   
   Load More Stories

 * Career Moves
   
   CHARTWAY CU, CONSUMERS CU & SERVICE ONE CU REVEAL PEOPLE NEWS
   
   Natasha Chilingerian|January 12, 2023
   
   A board member for Virginia’s Chartway CU moves to emeritus status after more
   than 30 years of service.
   
   

 * News
   
   CREDIT UNIONS IN 2 STATES PAY NEARLY $10 MILLION IN SPECIAL DIVIDENDS
   
   Jim DuPlessis|January 11, 2023
   
   CommunityAmerica of Kansas City returns a record $9.5 million to its members.
   
   

 * News
   
   ALLEGACY FCU UPS WAGES FOR ENTRY-LEVEL EMPLOYEES
   
   Michael Ogden|January 11, 2023
   
   The increase will immediately boost earnings for 50 employees.
   
   

 * News
   
   MICHIGAN CREDIT UNION PLANS TO BUY MICHIGAN BANK
   
   Peter Strozniak|January 11, 2023
   
   4Front Credit Union and Old Mission Bank ink an agreement that's expected to
   close late this year.
   
   

 * Best Practices
   
   SURVIVING INFLATION: HELPING STRUGGLING EMPLOYEES SET UP A FINANCIAL SAFETY
   NET
   
   Bryce Sanders|January 11, 2023
   
   Here are eight ways employers can help employees save money by taking
   advantage of existing benefits and programs.
   
   

 * Expert Opinion
   
   RESOLVE DELINQUENT DEBTS WITH EMPATHY: 4 TIPS FOR CREDIT UNIONS
   
   Loretta Kilday|January 11, 2023
   
   Friendly, approachable and understanding collectors are more likely to tell
   debt collection success stories.
   
   

 * News
   
   CREDIT UNIONS MAINTAINED FAST LOAN GROWTH IN NOVEMBER
   
   Jim DuPlessis|January 10, 2023
   
   CUNA’s latest estimates show the 12-month gain was a record 19%.
   
   

 * News
   
   WOMAN WHO STOLE NEARLY $1 MILLION FROM CUS & BANKS APPEALS SENTENCE
   
   Peter Strozniak|January 10, 2023
   
   Pamela Conley was sentenced in 2022 to 54 months in prison and ordered to pay
   restitution.
   
   

 * News
   
   DESERT FINANCIAL PAYS $16 MILLION SPECIAL DIVIDEND
   
   Jim DuPlessis|January 10, 2023
   
   Phoenix credit union’s "Giveback Bonus" is its largest to date.
   
   

 * News
   
   TWO CUSOS TEAM UP TO BOOST CU COMPLIANCE
   
   Natasha Chilingerian|January 10, 2023
   
   Partnership between MDT and Comply-YES! opens up new compliance support
   services to MDT’s CU clients.
   
   
   Load More Stories

 * Career Moves
   
   8 PROFESSIONALS ACHIEVE NEW CAREER GOALS AT 3 CREDIT UNIONS
   
   Natasha Chilingerian|January 10, 2023
   
   Plus, Syracuse Fire Department FCU appoints Roxane Bowering CEO.
   
   

 * News
   
   FINANCIAL INDUSTRY SEES ONLY SMALL GAINS IN MINORITY & FEMALE SENIOR-LEVEL
   POSITIONS
   
   Peter Strozniak|January 09, 2023
   
   New GAO report analyzes data from credit unions, banks, thrifts and other
   finance sectors.
   
   

 * News
   
   COX AUTOMOTIVE: CAR SALES WILL BE FLAT IN 2023
   
   Jim DuPlessis|January 09, 2023
   
   Economist says consumer spending shows no sign of slowing.
   
   

 * News
   
   VYSTAR COMPLETES MERGER WITH LOCAL CREDIT UNION    
   
   Michael Ogden|January 09, 2023
   
   After an affirming vote by members, First Coast FCU merges into VyStar.
   
   

 * Research
   
   39% OF WORKERS HAVE LESS THAN $1,000 IN SAVINGS (OR NO SAVINGS AT ALL)
   
   Kristen Beckman|January 09, 2023
   
   About one-third of workers – who say financial stress impacts their mental
   health – want employers to help with financial coaching and support.
   
   

 * Expert Opinion
   
   SHOULD CREDIT UNIONS HIRE ASSET-RECOVERY LAWYERS TO PROTECT THEIR CAPITAL?
   
   Robert J. Poulson|January 09, 2023
   
   There are no financial services organizations that do not have significant
   unclaimed assets waiting to be collected.
   
   

 * News
   
   LAKE MICHIGAN CU EMPLOYEES VOTE IN FAVOR TO FORM LABOR UNION
   
   Peter Strozniak|January 06, 2023
   
   Credit union management views the union vote as unfortunate, while workers
   say the union will address longstanding issues.
   
   

 * News
   
   NAFCU ECONOMIST: U.S. MIGHT DODGE RECESSION
   
   Jim DuPlessis|January 06, 2023
   
   Curt Long says a strong jobs report shows resilience despite the Fed’s
   escalation in interest rates.
   
   

 * Best Practices
   
   MAKING THE GRADE? 51% OF EMPLOYEES SAY EMPLOYERS SHOULD HELP WITH THEIR
   STUDENT DEBT
   
   Harlyn Croland|January 06, 2023
   
   Employers have an opportunity to lessen the significant burden of this debt
   for their employees.
   
   

 * News
   
   WISCONSIN CU MERGER FINALIZED
   
   Michael Ogden|January 06, 2023
   
   The newly-merged credit unions in northwest Wisconsin will serve nearly
   40,000 members.
   
   
   Load More Stories

 * Expert Opinion
   
   CREATING STRONG MOBILE AUTHENTICATION SECURITY FOR MEMBERS
   
   Juan Camilo Arenas|January 06, 2023
   
   Learn how to overcome seven key challenges during the mobile authentication
   implementation process.
   
   

 * News
   
   MORTGAGE BANKERS CUT COMMERCIAL LENDING FORECAST
   
   Jim DuPlessis|January 05, 2023
   
   Instead of rising this year, production will fall 5% as the Fed keeps raising
   rates, the MBA says.
   
   

 * News
   
   BILLION-DOLLAR CREDIT UNIONS NAME NEW CEOS
   
   Peter Strozniak|January 05, 2023
   
   Ken Senus moves into the corner office at St. Mary’s Bank and Girardo Smith
   takes over the helm at Educational Systems FCU.
   
   

 * News
   
   LONGTIME AUX CUSO CEO TO RETIRE, NEW LEADERSHIP NAMED
   
   Michael Ogden|January 05, 2023
   
   Doug Burke announces his retirement after leading Aux and InNetwork since its
   inception.
   
   

 * News
   
   GUARDIANS CU'S CEO STEPS DOWN AFTER 44 YEARS
   
   Michael Ogden|January 05, 2023
   
   John Deese steps down as president/CEO as the credit union begins its search
   for a new leader.
   
   

 * Career Moves
   
   CUS KICK OFF 2023 WITH 5 NEW HIRES & PROMOTIONS
   
   Natasha Chilingerian|January 05, 2023
   
   Plus, PSECU’s CEO is named to a local Banking & Finance Power List.
   
   

 * News
   
   NAVY FEDERAL HELPS COPS NAB EMPLOYEE AFTER ALLEGEDLY SHARING MEMBER INFO ON
   DARK WEB
   
   Peter Strozniak|January 04, 2023
   
   Police allege Wade Helms assisted third parties to steal members’ personal
   identities and money.
   
   

 * News
   
   5 CREDIT UNIONS TO PAY MEMBERS NEARLY $10 MILLION
   
   Jim DuPlessis|January 04, 2023
   
   Special dividends are distributed from Boston to South Carolina.
   
   

 * Case Study
   
   FLEXIBLE BENEFITS GROW IN IMPORTANCE IN 2022: SURVEY
   
   Joel Kranc|January 04, 2023
   
   Employee benefits remain a critical component of the relationship between
   employers and employees.
   
   

 * CREDIT UNION CONFERENCES IN 2023: AN EVOLVING LIST
   
   Natasha Chilingerian|January 04, 2023
   
   More than 70 CU-focused educational and networking events are coming up in
   2023. New conferences added.
   
   
   Load More Stories

 * Expert Opinion
   
   THE IMPORTANCE OF MAKING AI-DRIVEN DECISIONS ACCESSIBLE TO CUS OF ALL SIZES
   
   Preetha Pulusani|January 04, 2023
   
   As consumers continue their digital journey, receiving personalized attention
   from their CU continues to grow in importance.
   
   

 * News
   
   DFCU COMPLETES FLORIDA BANK PURCHASE
   
   Jim DuPlessis|January 03, 2023
   
   A Michigan CU extends its reach from the Upper Peninsula to the nation’s
   lower one by completing the purchase of a Tampa bank.
   
   

 * News
   
   NCUA NAMES NEW DIRECTOR TO GUIDE AGENCY'S FINTECH INITIATIVES
   
   Michael Ogden|January 03, 2023
   
   Charles Vice has served at NASCUS and oversaw regulations for all of
   Kentucky’s state-chartered financial institutions.
   
   

 * News
   
   ILLINOIS' LAND OF LINCOLN CU PLANS FIRST BANK BUY
   
   Peter Strozniak|January 03, 2023
   
   The proposed acquisition of Colchester State Bank is expected to close by the
   end of the second quarter.
   
   

 * Commentary
   
   THE 10 MOST IMPACTFUL CU TRENDS OF 2023
   
   Henry Meier, Esq.|January 03, 2023
   
   Ten regulatory, legal and operational items credit union leaders should keep
   an eye on this year.
   
   

 * Expert Opinion
   
   3 TRENDS FOR CREDIT UNIONS TO WATCH IN 2023
   
   Terry Duffy|January 03, 2023
   
   CUs have a strong opportunity to focus on the initiatives that will most
   directly support their members and communities.
   
   

 * News
   
   BROADVIEW FCU’S HALF-MILLION DOLLAR DONATION AIMS TO FIGHT HUNGER IN N.Y.
   
   Michael Ogden|December 30, 2022
   
   The donation includes an investment in a year-around farm to grow food for
   local pantries.
   
   

 * News
   
   CONVICT APPEALS 12-YEAR SENTENCE FOR STEALING $20,000 FROM FLORIDA CU
   
   Peter Strozniak|December 30, 2022
   
   Defense attorney says Damien Dennis' sentence exceeded guidelines, but
   prosecutors argue the sentence was reasonable and justified.
   
   

 * News
   
   FIRST JUNTOS AVANZAMOS-NLCUP REGIONAL CHAPTER FORMS
   
   Natasha Chilingerian|December 30, 2022
   
   Other local networks designed to support financial inclusion for Hispanics
   and Latinos will follow the first of their kind in California.
   
   

 * News
   
   MORTGAGE RATES IN THE U.S. RISE FOR FIRST TIME IN SEVEN WEEKS
   
   Prashant Gopal|December 30, 2022
   
   Even as new listings decline, inventory is on the rise because homes are
   taking longer to sell.
   
   
   Load More Stories

 * Expert Opinion
   
   HOW TO STAY COMPETITIVE WITH A NEW, YOUNGER GENERATION OF HOMEBUYERS
   
   Ashley Wood|December 30, 2022
   
   Learn two key steps toward enabling the digital lending experience that
   consumers increasingly demand.
   
   

 * News
   
   US PENDING HOME SALES FALL TO SECOND-LOWEST LEVEL ON RECORD
   
   Augusta Saraiva|December 29, 2022
   
   Survey finds consumers rate current home-buying conditions as the worst since
   the early 1980s.
   
   

 * News
   
   FOUR CREDIT UNIONS PAY $30 MILLION IN DIVIDENDS
   
   Jim DuPlessis|December 29, 2022
   
   Police and Fire Federal Credit Union of Philadelphia returns $22 million to
   members.
   
   

 * News
   
   FRAUD RINGLEADER WHO VICTIMIZED CUS, BANKS FACES SENTENCING
   
   Peter Strozniak|December 29, 2022
   
   Arrington Jaylun Gardner and eight others admit to using CU and bank accounts
   to steal funds across four states.
   
   

 * News
   
   CREDIT UNIONS ADOPT FAMILIES FOR THE HOLIDAYS
   
   Natasha Chilingerian|December 29, 2022
   
   CUs, including these three in the West, Midwest and South, take families in
   need under their wings this season.
   
   

 * Career Moves
   
   8 CU INDUSTRY HIRES, PROMOTIONS, HONORS & BOARD APPOINTMENTS ANNOUNCED
   
   Natasha Chilingerian|December 29, 2022
   
   CUNA announces as Robert Lewis as its new EVP and chief advocacy officer.
   
   

 * News
   
   NAFCU ‘URGES’ SBA TO DELAY LOAN PROGRAM RULEMAKING
   
   Michael Ogden|December 28, 2022
   
   Concerns are raised over SBA’s proposed changes to the 7(a) and 504 Loan
   Program.
   
   

 * Career Moves
   
   CUS IN MICHIGAN, DELAWARE, CALIFORNIA, MAINE & WYOMING NAME NEW CEOS
   
   Peter Strozniak|December 28, 2022
   
   Janell Upton will take over the corner office at Dover FCU in January and
   Jeff Brehmer will lead TLC Community CU in March.
   
   

 * Best Practices
   
   TWO STRATEGIES TO CREATE AN INNOVATIVE FUTURE OF WORK IN 2023
   
   Mark Banfield|December 28, 2022
   
   No one can predict what the future will look like, but DEX tools can help
   ease the transition for both employees and employers.
   
   

 * News
   
   ALLEGACY FCU TEAMS WITH CAROLINAS FOUNDATION TO LAUNCH NEW FOUNDATION
   
   Natasha Chilingerian|December 28, 2022
   
   The creation of the Allegacy Foundation enables the North Carolina CU to
   increase its scholarship awards by more than 50%.
   
   
   Load More Stories

 * Expert Opinion
   
   HOW & WHY CREDIT UNIONS ARE OUTPACING THE MARKET WITH VEHICLE LEASING
   
   Mark Chandler|December 28, 2022
   
   CULA offers insights and best practices on how to leverage new opportunities
   in the auto finance landscape.
   
   

 * News
   
   CU PRIORITIES LEFT IN & OUT OF $1.7 TRILLION SPENDING BILL
   
   Michael Ogden|December 27, 2022
   
   CUNA, NAFCU declare it a win for credit unions. NCUA “frustrated” by lack of
   enhancements to CLF provision.
   
   

 * News
   
   EXECUTIVES CHALLENGE PEERS TO MATCH $100,000 DONATION TO SUPPORT GLOBAL
   COOPERATIVE DEVELOPMENT
   
   Peter Strozniak|December 27, 2022
   
   Bill Cheney and Dwayne Naylor team up to raise funds for the Worldwide
   Foundation for Credit Unions.
   
   

 * Expert Opinion
   
   PREFERRED STOCKS: CREDIT UNIONS ADVISED TO LOOK FOR INCOME ELSEWHERE
   
   Matthew Butler|December 27, 2022
   
   Despite the attractiveness of their dividend yields, there are risks and
   limitations to what preferreds can do for a portfolio.
   
   

 * News
   
   MERIWEST CU WINS FINANCIAL EDUCATION AWARD
   
   Michael Ogden|December 27, 2022
   
   The California credit union was selected by CUNA for its work in “promoting
   financial well-being.”
   
   

 * Career Moves
   
   PROFESSIONALS CONCLUDE 2022 WITH NEW ROLES
   
   Natasha Chilingerian|December 27, 2022
   
   Five credit unions reveal People news and Curql Collective elects two board
   members.
   
   

 * Research
   
   AMERICANS SAY 2023 IS THE YEAR OF ‘LIVING SENSIBLY’ WHEN IT COMES TO
   FINANCIAL GOALS
   
   Alan Goforth|December 22, 2022
   
   Consumers say they had significantly less money this past year due to
   inflation and are taking a less optimistic view of 2023.
   
   

 * Career Moves
   
   TRUITY CREDIT UNION APPOINTS INTERIM CEO
   
   Peter Strozniak|December 22, 2022
   
   Mark Wilburn will take over the helm in January when Dennis Halpin retires.
   
   

 * News
   
   BILLION-DOLLAR MASSACHUSETTS CREDIT UNIONS PLAN MERGER
   
   Peter Strozniak|December 22, 2022
   
   RTN FCU and Merrimack Valley CU will create the state’s fifth-largest
   financial cooperative.
   
   

 * Expert Opinion
   
   CREDIT UNIONS CAN THRIVE THROUGH THE TECH LABOR CRISIS
   
   Ron Parker|December 22, 2022
   
   Learn three ways CUs can leverage relationships in order to overcome the tech
   labor shortage.
   
   
   Load More Stories

 * Career Moves
   
   SLFCU, HANSCOM FCU, SECURITY FIRST FCU & COASTAL CU HIRE EXECUTIVES
   
   Natasha Chilingerian|December 22, 2022
   
   Six credit unions and Allied Payment Network announce career moves.
   
   

 * News
   
   MBA CUTS ORIGINATION FORECAST AGAIN
   
   Jim DuPlessis|December 21, 2022
   
   Economist says next year’s drop will be steeper because of a first-half
   recession, but volume might start improving later in the year.
   
   

 * Market Insights
   
   THE DEBATE BEHIND 'QUIET QUITTING': THE YOUNGER GENERATION’S APPROACH
   
   Olivia Storey|December 21, 2022
   
   Between 2019 and 2022, the percentage of engaged employees under the age of
   35 dropped by 6%.
   
   

 * News
   
   BEACON CU PAYING MEMBERS $1.8 MILLION SPECIAL DIVIDEND
   
   Jim DuPlessis|December 21, 2022
   
   Distribution is among the last acts of retiring CEO Kevin Willour.
   
   

 * News
   
   CREDIT UNIONS SPREAD HOLIDAY CHEER IN THE NORTHEAST
   
   Natasha Chilingerian|December 21, 2022
   
   CUs nationwide have been busy with holiday giving efforts; here are three
   targeting communities in Northeastern states.
   
   

 * Expert Opinion
   
   PROVIDING FINANCIAL SERVICES IN THE POST-COVID AGE
   
   Blaine Lahrs|December 21, 2022
   
   Learn how one CU has been responding to members’ shifting expectations as a
   result of the pandemic.
   
   

 * News
   
   ALABAMA ONE CREDIT UNION PLANS SECOND BANK PURCHASE
   
   Peter Strozniak|December 20, 2022
   
   The industry’s 15th credit union-bank acquisition deal is expected to be
   completed during Q2 of 2023.
   
   

 * News
   
   MERIWEST CU EXPANDS FOM THROUGH NEW PARTNERSHIP
   
   Natasha Chilingerian|December 20, 2022
   
   The San Jose, Calif.-based credit union can now serve members of the
   Financial Fitness Association.
   
   

 * News
   
   FOUR CREDIT UNIONS TO PAY $38 MILLION IN DIVIDENDS
   
   Jim DuPlessis|December 20, 2022
   
   Payouts will be distributed from Utah to Georgia.
   
   

 * Expert Opinion
   
   AND THE MOST IMPORTANT REGULATION OF THE YEAR IS …
   
   Henry Meier, Esq.|December 20, 2022
   
   Weighing in on proposed loan participation rule updates could generate more
   liquidity and efficiency for the CU industry.
   
   
   Load More Stories



RESOURCE CENTER

Case Study

Sponsored by Upstart



Case Study: How a Digitally-Savvy Credit Union Grew Loans and Members with AI

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Guide

Sponsored by Co-op Solutions



Building the New Member-Centricity: A Blueprint for Credit Union Leaders

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White Paper

Sponsored by GLIA



Retaining Customers Throughout Technology Upgrades & Conversions

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White Paper

Sponsored by Elan Credit Card



Think Beyond Credit Score: How Credit Unions Can Grow and Engage Members

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Product Overview

Sponsored by Melissa



Personator - Identity Verification & Enrichment

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eBook

Sponsored by Alogent



How to Achieve Personalized Digital Banking: Powered by AI and Machine Learning

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eBook

Sponsored by Alogent



Future Proof Your Digital Channels: NXT Level Optimization in Digital Banking

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White Paper

Sponsored by Mortgage Capital Trading



Hedging 101 for Credit Unions

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Guide

Sponsored by Melissa



3 Stages of Data Quality Assessments: A Methodology for Success

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RESOURCES

CASE STUDY: HOW A DIGITALLY-SAVVY CREDIT UNION GREW LOANS AND MEMBERS WITH AI

From Upstart

Download this case study to learn how Sharonview Federal Credit Union was able
to obtain 1,500 new members who meet their credit risk requirements while
delivering a best-in-class, all-digital experience.

Download Resource ›



BUILDING THE NEW MEMBER-CENTRICITY: A BLUEPRINT FOR CREDIT UNION LEADERS

From Co-op Solutions

This leadership guide outlines practical and actionable steps to help your
credit union future proof its business model for generations to come by
overcoming the most pressing challenges and meeting new member preferences.

Download Resource ›



RETAINING CUSTOMERS THROUGHOUT TECHNOLOGY UPGRADES & CONVERSIONS

From GLIA

Upgrades, modifications or conversions to your credit union’s digital
capabilities shouldn’t adversely affect your members. Ensuring that digital
customer service is in place before updates provides a familiar way to support
users. Download this white paper and learn how to overcome pitfalls and
challenges during your technology changes.

Download Resource ›



THINK BEYOND CREDIT SCORE: HOW CREDIT UNIONS CAN GROW AND ENGAGE MEMBERS

From Elan Credit Card

A credit union’s ability to deliver the right products and services that best
meet members’ daily needs is the most important factor in creating a superior
member experience.

Download Resource ›



PERSONATOR - IDENTITY VERIFICATION & ENRICHMENT

From Melissa

Top-performing credit unions need high-speed, rigorous identity resolution to
meet compliance requirements and fraud prevention initiatives.Download this
solution overview and learn how Personator works in real-time to reduce risk,
ensure compliance, and speed up onboarding, all while providing a seamless
member experience and easily integrating into your existing systems.

Download Resource ›



HOW TO ACHIEVE PERSONALIZED DIGITAL BANKING: POWERED BY AI AND MACHINE LEARNING

From Alogent

Just as you’d recognize a loyal member when they walk into the branch, your
digital banking platform should express the same familiarity as a friendly face.
Download this eBook and learn how to bring a human touch to your digital member
experiences in order to build member trust and loyalty.

Download Resource ›



FUTURE PROOF YOUR DIGITAL CHANNELS: NXT LEVEL OPTIMIZATION IN DIGITAL BANKING

From Alogent

Credit unions have reached a fork in the road and find themselves pondering the
same question -- does our digital banking solution still meet market needs, or
is it time to consider an upgrade? Download this eBook to find out how your
credit union can continue to meet member expectations.

Download Resource ›



HEDGING 101 FOR CREDIT UNIONS

From Mortgage Capital Trading

If done correctly, hedging can help diversify profitability strategies and
produce a greater return over time. This white paper reviews information about
moving to mandatory, the strategy of hedging, and how to identify if it is the
best option for a credit union to use when selling on the secondary market.

Download Resource ›



3 STAGES OF DATA QUALITY ASSESSMENTS: A METHODOLOGY FOR SUCCESS

From Melissa

Data is the crux of a successful business, but data integrity issues make
managing member information extremely challenging. Download this guide and learn
3 steps to conduct data quality assessments that can ensure your credit union
makes the best use of data.

Download Resource ›


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