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Jul 5, 2024 | 
cuinsight.com | Jamie Conrad
While credit cards are not often associated with financial wellbeing, their many benefits can help members reach important financial goals. Credit unions, with their characteristically low interest rates and fees, are already in a strong position to help members utilize the benefits of credit cards to support their financial well-being. Below are some steps to take to help your members make the most of their credit union-issued credit card.
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Jul 3, 2024 | 
yalejreg.com | Jamie Conrad
Given the amount of commentary being addressed to the Supreme Court’s decision in Loper Bright Enterprises v. Raimondo, it would appear that the Chevron decision may continue to be one of the Court’s most-discussed opinions even after its demise. But the Court can, and should, seize the opportunity created by Loper Bright to shrink, rather than expand, the number of “doctrines” that govern administrative law decision making. And it could start with the “major questions” doctrine.
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May 7, 2024 | 
cuinsight.com | Randy Pennington |Armstrong Speakers |Lauren Culp |Jamie Conrad
Your culture always wins. A great strategy with excellent member benefits will produce mediocre results if your culture is out of sync. The changes that will transform your credit union into a resilient, dynamic force for member service and efficiency are destined to fail if your culture will not support it. A deteriorating culture is the catalyst for mistrust, apathy, and eventual decline. Monitoring the health of your culture is challenging.
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May 6, 2024 | 
cuinsight.com | Lauren Culp |Jamie Conrad |Lauren Paradise
Generation Z has the potential to be the greatest credit union generation, but we are struggling financially and we need credit unions to step up to help. After I signed the lease for my first apartment last year, instead of the excitement you might expect I would feel, all I felt was hopelessness.
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May 6, 2024 | 
cuinsight.com | Mark Arnold |Sean Galli |Lauren Culp |Jamie Conrad
Understanding your market and targeting the right people is key to success. You can’t be all things to all people, so you must limit your scope and focus on consumers receptive to your message. Personas are incredibly helpful when narrowing down your niches. According to Ardath Albee, a persona is “a composite sketch of a key segment of your audience.”Of course, real personas require market research and core data analysis to ensure these sketches are true to your unique consumer base.
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May 6, 2024 | 
cuinsight.com | Craig Guillot |Lauren Culp |Jamie Conrad |Mark Arnold
In the next few years, more Americans than ever will reach the traditional retirement age of 65. A study commissioned by the Retirement Income Institute and the Alliance for Lifetime Income found nearly two-thirds of those approaching retirement age are unprepared and will struggle to meet their financial needs. It noted wide disparities in retirement security based on gender, ethnicity and education.
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May 6, 2024 | 
cuinsight.com | David Baumann |Lauren Culp |Jamie Conrad |Mark Arnold
The nation’s community banks have seized on the recently announced purchase of a bank by Houston’s largest credit union to renew their demand that Congress act “on this dangerous and harmful trend.”Texas Dow Employees Credit Union (TDECU), Houston’s largest credit union, announced on April 30 that it was purchasing Sabine State Bank and Trust Company, a Louisiana bank. When the transaction closes next year, the combined institution will have about $6 billion in assets and 471,000 Members.
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May 6, 2024 | 
cuinsight.com | Lauren Culp |Jamie Conrad |Mark Arnold |Marla Pieton
Strong employee retention is a hallmark of a thriving company culture. Fostering transparency, collaboration, and a sense of community can keep staff loyalty strong for decades. How can leaders replicate this success in their own organizations by building more than just a workplace, but a community?
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May 6, 2024 | 
cuinsight.com | Jennifer Sor |Lauren Culp |Jamie Conrad |Mark Arnold
The economy is bound to enter a downturn if the Federal Reserve delays cutting interest rates, according to Marija Veitmane, the head of equity research at State Street Global Markets. The Wall Street vet warned of an impending economic crash if the Fed doesn’t ease monetary policy soon. Higher interest rates are already taking a toll on economic strength, she noted, even if looked fine last quarter. “Delaying cuts has real economic impact.
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May 6, 2024 | 
cuinsight.com | Lauren Culp |Jami Jennings |Jamie Conrad |Mark Arnold
As a credit union, your mission is to transform lives by creating trust and a solid financial foundation for growth. Members look to you for guidance to simplify and enhance their financial lives. However, you often find yourself grappling with tech solutions that, instead of easing your workload, lead to hours spent on the phone seeking solutions and widespread frustration.
