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Dec 14, 2023 | 
limousin.com.au | Chris Meade
Dear Members, Many of you have already registered and started using the ILROnline system. For those members who haven’t started on the ILROline program yet I recommend that you register and enjoy the benefits of the ease of use of the new program. ABRI are currently working on linking the database system to the new ILROnline program which will mean one entry point for all information and transactions.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
The U.S. Supreme Court yesterday heard oral arguments in the CFPB v. CFSA case. In July, NAFCU, CUNA, and the American Association of Credit Union Leagues (AACUL) filed a joint amicus brief in support of CFSA, urging the court to uphold the U.S. Fifth Circuit Court of Appeals ruling that the CFPB’s funding structure is unconstitutional.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
The Carolinas Credit Union League Board of Directors—at its September meeting—approved an additional contribution of $182,975 to the National Advocacy Fund (NAF) to support ongoing CUNA-League efforts against the big box interchange bill and its supporters’ misguided arguments. The NAF has been leveraged by CUNA and the credit union system for many years to fund extraordinary political initiatives.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
For many C-Suites, discussions around loan and deposit pricing, and funding strategies are now beyond the short-term band-aid. Leadership teams are expanding their views to grapple with the inevitable – What may the future hold when our shorter-term funding band-aids peel off? There is no one answer to this question. That is why there needs to be diligent focus on thinking through options and modeling potential financial results.
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Oct 4, 2023 | 
cuinsight.com | Tracie Kenyon |Scott Butterfield |Chris Meade |Darren Smith
I’m always curious about corporate culture so I often ask individuals about the culture of their organization … I’ve been surprised when the answer is, “Oh, we don’t have a corporate culture.” I don’t believe that’s possible, instead what I think they are describing a lack of intention toward developing a corporate culture. So to test my theory, I asked Chat GPT if it’s possible to have an absence of corporate culture.
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Oct 4, 2023 | 
cuinsight.com | Andy Hardin |Tracie Kenyon |Scott Butterfield |Chris Meade
Member service is no longer based on transactions. The buying experience has evolved from a model focused on purchases to one centered on a member’s experience. Nowadays, what sets you apart is the satisfaction people derive from doing business with your credit union, from talking with a branch employee to speaking with a contact center agent. Retail brands know all about member experience (MX) from the music they play in stores and the décor they use, down to the store layout.
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Oct 4, 2023 | 
cuinsight.com | Scott Butterfield |Chris Meade |Darren Smith |Atm Usa
I’ve spent my thirty-eight-year credit union career articulating the Credit Union Difference. Whether through marketing communication as a past VP of Marketing or knocking on doors as a VP of Business Development, community development evangelist, writer or speaker, volunteer “hike the hill” political advocate or as a consultant pointing the way on how credit unions can be their very best at living the Credit Union Difference.
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Oct 3, 2023 | 
cuinsight.com | Chris Meade |Darren Smith |Atm Usa |Brenton Peck
The European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) joined the Croatian Credit Union Association to convince key policymakers in Croatia’s capital to address the regulatory challenges preventing credit unions from maximizing their ability to reach underserved communities. ENCU, comprised of eight European credit union associations and WOCCU, serves as a platform to exchange information between countries and speaks with one voice on European matters.
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Oct 3, 2023 | 
cuinsight.com | Chris Meade |Darren Smith |Atm Usa |Brenton Peck
The NCUA recently announced 142 low-income and minority depository institution (MDI)-designated credit unions received $3.1 million through the Community Development Revolving Loan Fund (CDRLF). “These grants have a track record of success,” said NCUA Chairman Todd Harper. “Qualifying low-income and MDI-designated credit unions use these needed funds to create innovative products, provide financial education, and broaden access to safe, fair, and affordable financial products and services.
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Oct 3, 2023 | 
cuinsight.com | Preston Packer |Chris Meade |Darren Smith |Atm Usa
You are undoubtedly aware of the artificial intelligence revolution we are all living through. Even though popular tools like ChatGPT have only been out for about a year, they’ve already made a major impact—to the point where the global AI market size is expected to reach a staggering $407 billion by as soon as 2027. ChatGPT itself had over a million users within the first five days of going live.
