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callahan COLLECTIONS archives
2017 2016 2015 2014
When a new CEO joins the team, everyone looks to them for oversight, supervision, and most importantly, leadership. That’s a tall order to fill, regardless of whether the CEO has worked his or her way up the ranks or is joining the credit union from a new institution. This collection features thoughtful advice from eight credit union CEOs on what it takes to be a successful CEO and how to build that success from day one.
Probably not to the usual suspects. And that’s the goal of this unusual CUSP Collection: to highlight ideas from outside the industry that will jump-start your creative juices. From local microbreweries to the international retail giant Apple, from a leading rock band to the NFL, this collection draws parallels to the credit union industry in five innovative case studies.
NCUA requires board of directors volunteers to have a “working familiarity with basic finance and accounting practices.” While the extent of financial literacy that volunteers must meet depends on each credit union’s complexity, there are basic concepts, definitions, and formulas every credit union volunteer and member of management should know. This CUSP Collection combines the four parts of CUSP’s Financial Literacy Series into one comprehensive booklet.
The past few years credit union service organizations have pioneered a number of new earning opportunities. In addition to being a viable strategy for diversifying a credit unions’ earnings, CUSOs are also proving to be a source of cost savings and efficiency enhancement. This CUSP Collection profiles CUSOs, young and old, that are making a difference for the credit unions they serve.
Instead of solely examining financial data, credit unions must also quantify the value they provide to members to accurately understand their performance. Callahan’s Return Of The Member [ROM] score is built for just that. This collection examines how small institutions, those in the $20-$50M peer group, are succeeding at providing exceptional member value.
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