TAMPA, Fla.–Three credit union CEOs are offering some insights into what is now driving their decision-making, why credit unions should never think of themselves as tech companies, and even on what lessons Taylor Swift can offer CUs, among a range of other issues.
LAKE FOREST, Ill.—Given the turmoil in the banking industry and the complexity of what actually comprises capital, one economist is advising that a new metric needs to be used to better assess risk—“survival equity.”
WASHINGTON–Credit union-supported races on both coasts drew strong crowds and thousands of participants for the Credit Union Cherry Blossom 10 Mile Run and the SacTown Run, respectively.
MADISON, Wis.—The faith credit unions have that member service is a strength could actually be clouding their decisions around the best path forward in a landscape in which digital disruption is disrupting things in many ways, according to one person, who added there is a “surprising” data point CUs need to be giving attention.
LAS VEGAS–Former NCUA Chairman Dennis Dollar, whose firm remains very active in credit unions, offered an audience here his forecast for regulation, CUSOs, what's ahead for NCUA and its board, mergers, Congress and more.
LAS VEGAS–A unique initiative that has reviewed a year’s worth of credit union merger disclosure forms filed with NCUA has found that in many cases those mergers might not have happened had those CUs turned to two potential options: CUSOs and the “broker model.”
LAS VEGAS–Does the war for talent really just come down to paying more, or can a credit union offer some other intangibles that help to compensate for offering lesser compensation?
MADISON, Wis.—While more women are taking leadership roles in credit unions and progress is being made, the director of the Global Women’s Leadership Network (GWLN) is looking forward to the day when no one will be talking about the statistics at all.
LAKEWOOD, Colo.–With the CECL standard now here for most credit unions, so too is the biggest accounting challenge the industry has addressed in years, according to one person, who believes the new credit loss accounting standard will initially be more costly and time-consuming for credit unions than the previous loan loss accounting standard—especially for some CUs.
LAKE FOREST, Ill.—With runs on two U.S. banks within the past month, and the nation’s attention focused on consumers’ concerns over the safety of their funds, just how much money still resides in liquid, low-yielding DDAs and could be ripe for movement?
