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Chad Miller, CEO, Southwest Louisiana Credit Union, discusses his credit union's work to serve the low-income, high-risk populations left behind by mainstream financial services.
September 30, 2020
Unemployment soared to its highest level in more than 70 years, but the credit union industry managed to hold onto their staff members and add to their ranks in second quarter.
Due to economic lockdowns and government relief efforts, in the second quarter financial institutions had to develop creative strategies to generate revenue.
During the social and economic uncertainty of the past several months, members and non-members turned to their financial institutions for help. Second quarter data tells that story.
The Federal Reserve kept interest rates at record lows throughout the second quarter, and the economic uncertainty wrought by COVID-19 supported record inflows at financial institutions.Consequently, credit union investment portfolios reported strong growth
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As the economic ramifications of COVID-19 swept through the country, the personal savings rate hit an all-time high as consumers moved their savings into deposit accounts.
The affects of a three-year pullback from indirect lending and the COVID-19 pandemic have resulted in a decade-long low in auto lending growth in the second quarter.
Employees can bring their kindergarten through eighth grade students to work at the credit union’s headquarters.
September 28, 2020
Simeon Chapin plays an integral role in communicating and executing Vermont State Employees Credit Union’s goals to make a local and global difference.
Callahan’s associates offer their take on the best books for credit union leaders.
Gregg Brown, CEO, South Side Community Federal Credit Union, discusses his credit union's mission to equalize economic power and to fight poverty on Chicago's South Side.
Marketing automation offers many advantages to credit unions that are pursuing growth and that seek to deepen relationships with their members.
After adopting a virtual model for its college internship program, UFCU continued to build out financial wellness counseling, networking, and scholarship components.
September 22, 2020
Carla Decker, the CEO of DC Credit Union, discusses her credit union's commitment to community and how the COVID-19 crisis has affected her certified CDFI shop.
September 21, 2020
Second quarter data highlights further impacts from the COVID-19 crisis on the credit union industry.
Three financial institutions live their cooperative principles by providing tactical support so smaller shops can focus on mission.
The Tennessee cooperative is planning to redeploy staff and create a digital-first culture.
September 14, 2020
How United and Blue federal credit unions completed construction on their new headquarters with little or no delay.
Three senior executives at a CUSO with a predominately remote workforce offer words of wisdom for cooperatives considering the future of their office operations.
September 08, 2020
An Oklahoma credit union encourages business owners to wait to apply for forgiveness but has tools in place to assist members who want relief now.
September 07, 2020
This Raleigh-based cooperative is “woke” in Wake (and Durham) counties.
August 31, 2020
Leaders at cooperatives across the country share how core principles are driving strategic thinking in their shops.
Wyoming’s Meridian Trust FCU offers best practices and lessons learned on the promotional side of the industry’s operations.
Young employees making their mark on their organizations talk about how they started their credit union careers and ponder how the industry can attract up-and-coming leaders.
August 24, 2020
Dozens of credit unions and related organizations pledge to help the industry meet the diversity, equity, and inclusion challenge.
The Michigan cooperative reworked its production calendar to address pressing member and organizational needs.
This National Fintech Day, four credit union suppliers share their perspective on a challenging present and promising future.
August 20, 2020
Nearly 30,000 attendees have attended virtual financial education webinars since the pandemic halted in-person sessions at VACU.
August 17, 2020
Leaders today must consider what “concern for community” means for fairness in hiring, upward mobility, and inclusiveness in the workplace.
Five credit unions shares insights from their Paycheck Protection Program efforts.
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