LAKE FOREST, Ill.—Deposits in financial institutions across the nation are shrinking even as rates continue to expand, according to a new report that outlines in greater detail how the deposit war will likely play out in 2023.
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BESSEMER CITY, N.C.—One small credit union that has nearly 1% ROAA and strong account penetration per member says everything starts with lending, especially in a little town.
VANCOUVER, B.C.–At their core, what credit unions are really about is human connection, according to one person who shared with CUs five ways to improve those connections—and not just with members, but with peers, personal relationships and more.
VANCOUVER, B.C.–Challenged to attract younger members and workers? One person said to be more successful credit unions need to pay attention to six trends that are underway, as within them there are some credit union advantages.
VANCOUVER, B.C.–Credit unions gathered here were urged to begin thinking in terms of an “ethical future,” a role they are uniquely qualified to fill, according to two people.
VANCOUVER, B.C.–In one of its largest gatherings ever, the World Credit Union Conference has kicked off here with approximately 3,000 people in attendance from 60 countries.
LAKE FOREST, Ill.—The war for deposits is only going to get tougher this year, one new study is predicting.
STONE MOUNTAIN, Ga.–The woman who became the third African-American female to reach the rank of rear admiral in the U.S. Navy and who now serves on the board of Navy Federal Credit Union outlined for credit union leaders here the principles she said have guided her and that she recommends others follow.
STONE MOUNTAIN, Ga.–What is life like for women of color in the C suite of credit unions? Five such women shared some frank, personal, and sometimes humorous insights into what they have experienced, while also offering some advice to their younger selves.
TAMPA—Calling it one of the biggest ideas to “hit the credit union space in quite some time,” Tom Davis believes now is the time for credit unions to break down walls and collaborate nationally on a data warehouse that could someday rival big banks’ resources, saying it’s critical to CU viability.