BOSTON—Credit unions need to be on the lookout for the “buy now pay later” boom, not just because it could be eroding member credit transactions, it could be harming the financial wellness of both the CU and the member, one person is cautioning.
THE feature
KALAMAZOO, Mich.—A credit union with a highly-graded cybersecurity program could find itself with less than a passing mark in the not-too-distant future, warn experts, who say the rapidly evolving state rules around securing consumers’ personal data could be the reason.
MADISON, Wis.—There’s a difference between simply talking about the need for racial equality and doing something about it, says one credit union.
ST. PETERSBURG, Fla.—Can an organization maintain its culture in the new Zoom environment?
GAINESVILLE, Fla.—A number of years ago, when these new plastic things called credit cards were introduced, credit unions viewed the new offering much the same way they are viewing the “buy now, pay later” products now making their debut today. There’s a lesson to be learned there, according to one expert, who is cautioning the new offering is “something to be reckoned with.”
LAKEWOOD, Colo.—When it comes to their outlook on the future of the economy, credit union leaders are divided—much like Washington—along party lines.
PORTLAND, Ore.–What may be the strongest corporate brand statement in the world–“Just Do It”—doesn’t mean the same thing it did when it was introduced. And in that evolution from a “better shoe to a better you” there’s a lesson for credit union leaders, according to one person
ST. LOUIS—With so many options for a credit union to go green, to reduce its carbon footprint and take steps to reduce the impact upon the environment, what actions return the greatest bottom-line benefit to the CU? And what are some of the expensive mistakes to avoid?
ST. PETERSBURG, Fla.—Saying COVID-19 has been the “great accelerator” to innovation in the past year, Chuck Fagan outlined what PSCU has done to address the rapid changes that have occurred, as well as what credit unions need to do, too.
KALAMAZOO, Mich.—The logic behind the arguments being made by the banking industry that bashes the purchases of banks by credit unions is flawed for numerous reasons, according to the pioneer of such agreements, who says data on the deals back him up.