THE feature

PLANO, Texas—The labor market currently is a “big game of musical chairs,” according to one expert, who is cautioning credit unions that it’s going to be some time before the game stops—or even slows down.

COLLIERVILLE, Tenn.—Calling it a “PPP grant” for credit unions, Southern Security FCU has received more than $1 million in income from Rapid Response Program (RRP) funds so far this year, dollars SSFCU says will get it from “point A to point B” and through the pandemic.

KALAMAZOO, Mich.—As the country waits to learn the details of the Biden Administration’s COVID-19 vaccine mandate, some credit unions are likely breathing a sigh of relief, while others may see the issue completely differently, says one employment lawyer.

LA CROSSE, Wis.–One credit union believes members must have more “skin in the game” than the standard overdraft fee if they’re going to change behavior and stop overdrafting.

WASHINGTON–The World Council of Credit Unions’ new president, Elissa McCarter LaBorde, who is the first woman to lead the half-century-old organization, believes the global reach of CUs offers huge opportunities around financial inclusion and better service to underserved communities, especially through digital channels.

MADISON, Wis.–One credit union that recently reduced its overdraft fee to just $5 says it’s time credit unions begin exiting the overdraft business­–and it offers an interesting cost offset many CUs may not have considered.

WASHINGTON–Why has the country become so divided politically? Will Donald Trump run for the presidency again? What will happen in the 2022 elections? And how can credit unions protect their tax exemption? CU leaders gathered here for NAFCU’s Congressional Caucus were offered thoughts on those questions and more by one political expert.

LAS VEGAS—Credit unions, like the small stores that helped Daymond John launch his FUBU clothing line into a multi-billion dollar company, have a growing ability to compete with the large banks, thanks to digital, says the entrepreneur and co-star of Shark Tank.

NEW YORK–Every generation has it’s “Where were you?” moment. For many Americans 30 and older, it’s September 11, 2001, to be forever known as 9/11, when terrorists struck the United States and killed more than 3,000 people. It's a date many CU leaders recall clearly, and they share their stories here.