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Aug 28, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring |Lesley Sears
3 minutes How does your climate measure up? Last month, I described how to measure your success using the first five of the nine dimensions of organizational climate—the environment that everyone experiences when they come to work. Today I’ll describe the remaining four. Taking stock in the nine dimensions of climate can help you decide where to invest resources in your efforts to build an effective people strategy and a healthy working environment. How does your climate measure up?
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Aug 25, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring
4 minutes CU SoCal’s journey to enhanced member experiences while driving revenue and lending growth In the current economic landscape, financial institutions face a minefield of challenges like market volatility, shifting consumer behaviors and the increasing need for digital transformation. Though these challenges have created a complex environment for FIs, including credit unions, these factors also present opportunities for improvements and valuable partnerships.
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Aug 25, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring
4 minutes Boards still have work to do to support their female directors and wider DEI&B efforts. Gender politics, like all politics, can be polarizing. At the risk of taking a polarizing position, I can't ignore a string of recent encounters that prompt the question: Would that have happened if I (or she) was a man? If you’ve read my posts before, you may know I regret that as a society we still need a publication entitled Advancing Women, but I’ve come to realize that it’s an imperative.
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Aug 25, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring
4 minutes Boards still have work to do to support their female directors and wider DEI&B efforts. Gender politics, like all politics, can be polarizing. At the risk of taking a polarizing position, I can't ignore a string of recent encounters that prompt the question: Would that have happened if I (or she) was a man? If you’ve read my posts before, you may know I regret that as a society we still need a publication entitled Advancing Women, but I’ve come to realize that it’s an imperative.
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Aug 24, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring
6 minutes Foresight, a clear sense of where she wanted to go and a determination to inspire confidence at every level of her career all combined to make Maria Martinez straight to the top. Maria J. Martinez, president/CEO of Border Federal Credit Union, believes in the power of mentorship, advising women who want to rise up through the ranks while seeking guidance from mentors and others. But this doesn’t have to be a formal arrangement.
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Aug 24, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring |Michael Edwards
5 minutes The details of the new rule that’s set to go into effect Aug. 25 will likely be sorted out during litigation. The National Credit Union Administration Board in July 2023 issued a final rule updating the federal credit union bylaws to implement the Credit Union Governance Modernization Act of 2022’s new option allowing boards of directors of federal credit unions to expel members “for cause” by a two-thirds vote.
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Aug 24, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring
4 minutes Is your CU ready to attract the next generation of leaders? Sponsored by The Sheeter GroupSERP (Supplemental Executive Retirement Plan) plans have been crucial for the growth of credit unions. With the baby boomers rapidly exiting the employment market, the need to retain key talent is just as important as ever. If you read the industry news outlets, you are seeing the hiring of a new generation of leadership. What you might not think about is the butterfly effect from these hirings.
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Aug 23, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring |Shanon McLachlan
3 minutes Georgia United CU’s digital transformation strategy was developed with a member-centric focus and room for creativity. Roughly four out of five financial institutions plan to increase their technology spend over the next two years. As more credit unions focus on modernization efforts, it’s important they make the most of these investments. Credit unions are building technology plans around the people and communities they serve.
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Aug 23, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring
4 minutes Reconsider some of the old-standby incentives. Forever people-centered, the credit union industry is no stranger to strategic empathy. We dedicate vast resources to getting inside the minds of members so we can serve them better. Imagine the possibilities if we committed the same energy to understanding credit union leaders.
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Aug 22, 2023 | 
cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring |Michael Edwards
6 minutes Understand these three fundamentals for successful credit union oversight. All credit unions have governance, but does yours have good governance? Here are the three keys to cultivating good governance and effective risk-management at your credit union. Section 701.4 of National Credit Union Administration regulations and the standard federal credit union bylaws give the boards of directors of FCUs the general direction and control of the credit union.
