AUSTIN, Texas–The second full day of the CUTomorrow Conference packed in even more practical information on everything from the lessons learned by a CEO who has led CU turnarounds to ways to avoid overpaying vendors to the “moms market” and more, before wrapping up with a special session at which attendees helped each other to respond to the day-to-day challenges they are facing.
The CUTomorrow Conference, co-hosted by CUToday.info and James L. This & Associates, was launched in response to feedback from CUToday.info readers and the credit union community for an old-fashioned collaborative event at which CU leaders could learn from each other. The tightly focused even ran for two-and-a-half days and featured more than a dozen credit unions sharing what has worked for them.
The CUTomorrow Conference attracted credit unions from Maine to Hawaii and was made possible by support from sponsors that include RateGenius, Catalyst Corporate, Volcorp, Harland Clarke, CU*Answers, Emery Financial Group, and CUNA Mutual AdvantEdge Analytics.
Some of the sessions that took place on the final day included:
How to Effectively Onboard New Members
AUSTIN, Texas–A credit union that signs up between 8,000 and 10,000 new members every month has learned some key lessons about effective onboarding that it shared with other CUs here. Coverage can be found here
Using ERM to Drive Growth
AUSTIN, Texas–You can’t talk about growth without talking about risk. Indeed, the biggest risk is not talking about it at all, according to one expert. Coverage can be found here.
Many CUs are Overpaying Vendors
AUSTIN, Texas—Credit unions, often under pressure to keep up with fintechs, are often overpaying vendors for services, according to one expert, who shared advice on how CUs can put an end to spending too much. Coverage here.
How Being ‘Purposeful’ Has Paid Off
AUSTIN, Texas—If the credit union tries to be the same as its competitors, it will eventually succumb in a losing battle, cautioned one CU that has concentrated on being “purposeful” and has the bottom line results to prove the wisdom of that decision. Coverage here.
Serving the ‘Moms’ Market
AUSTIN, Texas–It’s an enormous market that’s also enormously influential, yet “moms” remain overlooked by many credit unions. Coverage here.