CEO Advisory Group3 Technologies That Are Key To Your Credit Union’s Success
Have you ever stopped to think about how much technology you truly use in a day? The number of times you reach for your cell phone, rely on an app, and consult with the many computers that automate… Read More
Credit Union Succession Planning Options
From the very day a credit union is founded, planning for the future should always be on the agenda. While the economy will certainly hit ebbs and flows along the way, a successful credit union will have plans… Read More
Credit Union Mergers: Maximizing Benefits & Best Practices
You have a lot to celebrate when you’ve created a credit union that is successful enough to be sought after by larger financial institutions. All of your hard work and due diligence can pay great dividends in the… Read More
Optimizing Credit Union Financial Health & Avoiding Merger Pitfalls
The word “merger” can incite a variety of feelings, emotions, and opinions from credit union leaders. Ideally, credit union board and executive team members have steadily been working to build an organization which is financially healthy and contributes… Read More
Credit Union Mergers: Celebrating the Success!
For many business leaders, part of the American Dream is creating a company that is so successful it will one day be sold to a larger entity. While this goal is seen as part of a strategic investment… Read More
9 Ratios For Evaluating Whether Your Credit Union Should Consider A Merger
A board’s responsibilities are all-encompassing, but at the foundation of every decision the board makes should be devising ways to deliver great value to members while ensuring the safety and soundness of the credit union. The following nine… Read More
The Big Get Bigger
In a tumultuous digital financial landscape, today’s credit unions are better positioned than ever before. Memberships are on the rise as more and more individuals seek alternatives to the traditional, monolithic banking institutions of the past. Credit unions… Read More
Growth Is Costing Small Credit Unions A Marketing Fortune
The year 2014 was historic for membership growth. For the first time in the history of the movement, credit unions surpassed the 100 million mark in total membership. From a macroscopic perspective, our industry is on a roll…. Read More
Small Credit Unions Feeling Squeezed By Compliance Costs
In the world of financial services, modifications to regulatory governance can change rapidly. In fact, some would argue that each new day in the credit union business brings brand new changes that alter the industry from the way… Read More
Is the Compliance Burden Driving your Credit Union to Consider a Merger?
If you’re a leader in your credit union, compliance is certainly not a new issue. The compliance burden of today’s market is significant and costly; nor will it go away any time soon. If you feel like you… Read More