Suchit Shah

Jan 5, 2024 | cuinsight.com | Carol Schillios |Schillios Consulting |Ari Farrell |Suchit Shah

Her braid. It was the first thing I noticed. It lay thick and silky across her shoulder like a Gauguin painting. She wore a traditional Malay ikat fabric skirt and a Grateful Dead t-shirt. Wall to wall, other women sat cross-legged on the floor of the small living room. When we arrived late to the credit association gathering, the weekly meeting had already begun. I felt like an interloper as I leaned against a wall watching. I caught the eye of the woman with the braid.

Jan 4, 2024 | cuinsight.com | Rich Jones |Ari Farrell |Suchit Shah |Mollie Bell

Often, leaders see decisiveness and strength as the primary characteristics of leadership. The reality is that leadership is more complicated and nuanced than these two attributes. Among the many qualities leaders need, fragility and resilience emerge as essential and distinct yet interconnected. In today’s ever-evolving, ever-disrupting landscape of challenges, a leader must navigate uncertainty, adapt to change, and inspire others to follow suit.

Jan 4, 2024 | cuinsight.com | David Baumann |Ari Farrell |Suchit Shah |Mollie Bell

The Biden Administration last month took the first steps toward developing a framework for broadening access to financial services among underserved communities, asking for public comment on ways to develop a financial inclusion strategy. “Improving inclusion in the financial system is a critical part of fostering financial security, expanding opportunities to build wealth, and closing the racial wealth gap,” the Treasury Department said, in soliciting comments.

Jan 4, 2024 | cuinsight.com | Ari Farrell |Suchit Shah |Mollie Bell

The banking industry’s record of discrimination in loans and credit has not been pretty. Repeated studies have found that Black and Latino Americans are much more likely to be unbanked or underbanked than white Ameicans, and that these populations continue to express distrust in banks and financial institutions. Today, it is assumed that most respectable financial institutions do not intentionally discriminate against consumers based on race, gender, religion etc.

Jan 4, 2024 | cuinsight.com | Sean Galli |Ari Farrell |Suchit Shah |Mollie Bell

Welcome to 2024! And now that you arrived in the new year, it’s time to make some resolutions. Many individuals have personal resolutions they create around this time of year, from going to the gym to reading more to saving money. Your institution probably has resolutions too…maybe including some credit union training initiatives for your staff. In both cases, these commitments tend to fall by the wayside as the year progresses.