Erica Chiang

Sep 9, 2024 | cutimes.com | Pam Cohen |Tracy Moore |Heman Daswani |Erica Chiang

Affinity FCU shares the details of its strategies, including a comprehensive benefits program. Credit/AdobeStock Attracting and retaining top talent is an ongoing challenge for many organizations, but credit unions face a unique set of obstacles. Unlike larger financial institutions, credit unions often operate with resource constraints and have less brand recognition, which can make it difficult to compete for top-tier talent.

Sep 6, 2024 | cutimes.com | Tracy Moore |Heman Daswani |Erica Chiang |Jane Mason

The pairing is paramount to effectively managing risks, ensuring robust security and paving a road to growth. Credit/AdobeStock Financial institutions are facing a multitude of challenges in today's economic landscape. Inflation and uncertainty are prevalent, compounded by increasing regulatory scrutiny. By the end of 2023, global banks had shed over 60,000 jobs, while credit unions experienced a slowdown in hiring.

Sep 4, 2024 | cutimes.com | Erica Chiang |Jane Mason |Steve Brown |Heman Daswani

Implement real-time payments, a subscription management tool and a financial advisor tool into digital banking. Consumers on mobile devices It's no secret that credit unions are struggling to sustain their member growth with younger generations opting for bigger national banks. According to Zest.ai, despite the youthful average American age of 38.5, credit unions are predominantly frequented by a more mature crowd, where over 50% of Americans over the age of 50 are members of credit unions.

Aug 7, 2024 | thesouthlandjournal.com | Erica Chiang

OSFM Announces $4 Million in Funding for the Small Equipment Grant Program (Springfield, IL) – The Office of the State Fire Marshal (OSFM) today announced the application period is open for the Small Equipment Grant Program. The OSFM will award $4 million to eligible fire departments and ambulance services for the purchase of small firefighting and ambulance equipment. All interested departments should send an application to OSFM electronically or postmarked no later than October 1, 2024.

Jul 8, 2024 | thesouthlandjournal.com | Erica Chiang

City of Chicago, Cook County and State of Illinois Partner to Support Community-Based Approaches to Safety (Chicago, IL) — The Government Alliance for Safe Communities (GASC) is an unprecedented partnership between the State of Illinois, Cook County and the City of Chicago to strengthen the community safety ecosystem in the greater Chicago region.