Credit union leaders have a lot on their plate, from growing membership to streamlining operations and increasing profitability, while navigating an evolving marketplace made more complex by factors such as increased regulatory scrutiny, the digitization of lending services, and the need to resonate with millennials.
THE 'tude
We always want to think the best of people, especially our colleagues and employees.
The period between August 2008 and August 2009 has been described by some credit union individuals as one of the most difficult times for the industry.
We all have our own version of what is wrong in credit unions today.
Widely publicized data breaches at major retailers have opened everyone’s eyes to the threat of fraud on their credit and debit card accounts.
I have to say what surprises me most of all is that it has taken this long.
The economic downturn of 2008-09 hit Nevada’s economy hard, and in its stir many of One Nevada Credit Union’s 77,000 members found themselves underwater on their mortgages and deep in personal debt.
Hiring good help shouldn’t be difficult. Okay, clarification—it shouldn’t be too difficult.
Some stuff found in the Reporter’s Notebook while on the road and in the skies over America. And in no particular order:
Are your employees unhappy? Is your credit union’s culture suffering?