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Feb 26, 2024 | 
cuinsight.com | Victor Miguel Corro |Anthony Hernandez |Maggie Chopp |Erika Romenesko
Money matters are top of mind for a lot of people today. Clickable economic headlines, charismatic financial influencers and the rising costs of nearly everything are definitely contributing to consumers’ increased financial anxiety. Worry often sparks action. Indeed, new research from TruStageTM indicates that consumers are taking financial steps that address their unique expectations and concerns.
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Feb 26, 2024 | 
cuinsight.com | Victor Miguel Corro |Anthony Hernandez |Maggie Chopp |Patty Corkery
In today’s dynamic market landscape, understanding consumer behavior and preferences is vital for any business looking to thrive, especially in the retail financial services sector. With the emergence of young, multicultural consumers as a significant demographic, leveraging analytics and market research becomes even more crucial.
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Feb 23, 2024 | 
cuinsight.com | David Baumann |Anthony Hernandez |Maggie Chopp |Patty Corkery
The Consumer Financial Protection Bureau on Thursday took another shot at the credit card industry, saying that the Annual Percentage Rate (APR) on credit cards has almost doubled over the past decade, making the cards extremely expensive for consumers and highly profitable for financial institutions. “By some measures, credit cards have never been this expensive,” the agency said in a new industry analysis.
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Feb 23, 2024 | 
cuinsight.com | Anthony Hernandez |Maggie Chopp |Patty Corkery |Charlie Peterson
Bad data can have a tangible, negative impact on consumers. Think of a time you were getting ready to make a serious purchase like a house or car; the last thing you’d want is for the wrong information to be attached to your name.
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Feb 23, 2024 | 
cuinsight.com | Kerala Taylor |Anthony Hernandez |Maggie Chopp |Patty Corkery
In a movement where large asset sizes have become a badge of honor, Express Credit Union is proud to be small. They believe that their intimate size affords them the opportunity to truly know their members and to pivot quickly when faced with unexpected challenges.
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Feb 23, 2024 | 
cuinsight.com | Jim Nussle |Anthony Hernandez |Maggie Chopp |Patty Corkery
African-American Credit Union Coalition President/CEO Renée Sattiewhite and I partnered to set the record straight against recent bank attacks: Credit unions will never apologize for putting people over profit. Calls for expanding the Community Reinvestment Act (CRA) miss the point that the CRA was created to stop banks from redlining and other discriminatory practices, while credit unions have a demonstrated legacy of serving those banks leave behind.
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Feb 23, 2024 | 
cuinsight.com | Jody Bhagat |Anthony Hernandez |Maggie Chopp |Patty Corkery
Competitive forces in the banking industry appear to be changing more rapidly than ever. More money in motion, lower switching costs, a rising cost of funds, migration to digital, increased regulatory scrutiny and the rise of AI are converging, all within a backdrop of economic and socio-political uncertainty. Banks and credit unions will face tough investment choices in placing the right bets in a fluid environment.
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Feb 23, 2024 | 
cuinsight.com | Anthony Hernandez |Maggie Chopp |Patty Corkery |Charlie Peterson
America’s Credit Unions President/CEO Jim Nussle and members of the organization’s advocacy team met with NCUA Chairman Todd Harper Thursday at the NCUA’s headquarters in Alexandria, Va.“Thank you to Chairman Harper and his staff for their time and great discussion today on how the NCUA and America’s Credit Unions can support policies to increase access to safe and affordable financial services at credit unions,” Nussle said.
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Feb 23, 2024 | 
cuinsight.com | Anthony Hernandez |Maggie Chopp |Patty Corkery |Charlie Peterson
Life can be easier when you know what to expect. A winter storm warning, a heavy traffic report, and practice tests are some examples that come to mind. In our industry, an upcoming examination should never sneak up on any credit union. Wise people are always prepared, which is a big reason why they overcome obstacles and consistently achieve success. As a young, company grade Air Force officer, I was mentored by a wise, retired Chief Master Sergeant.
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Feb 23, 2024 | 
cuinsight.com | Patty Corkery |Charlie Peterson |Kerala Taylor |Maggie Chopp
Behind every functional dashboard, crisp report and modern interface is a development process. Your credit union participates in the data development lifecycle every single day, regardless of whether it’s considered a formal process. We’re going to talk extensively about the BI development lifecycle, how it may look today at your CU, and the best practices you can implement to get the most value and longevity from your data requests.
