As the year waxes to a close, banks and credit unions across the nation turn their attention to impending salary adjustments for the coming new year.
THE 'tude
If you just can’t stand the idea of one more Zoom meeting in 2020 and are really longing for an old-fashioned face-to-face credit union conference, get yourself to Sioux Falls, S.D. in early October
Wait, who are we behind?
As I write this, bank lobbyists are hard at work distorting the facts to trick Congress into treating for-profit mega-banks the same as local, not-for-profit credit unions when it comes to nominal leases on military bases.
I have spoken to a minor spreadsheet worth of credit union leaders in 2020 and I got the impression that the COVID-19 pandemic lockdown didn’t really sink in until CUNA cancelled the in-person Governmental Affairs Conference (GAC) for 2021.
There was a credit union CEO who, after 42 years working in the credit union movement, decided to retire.
Now, more than ever in our recent history, we need to be fiscally resilient given the financial pressures facing credit union members during this unprecedented pandemic.
NCUA approved 25 mergers in during the second quarter of 2020, a decrease from the 34 in the prior quarter.
In case you weren’t listening, you may have missed some provocative and thoughtful insights shared lately…
Will your credit union ultimately be shaken out by the coronavirus pandemic, or will you survive to do the shaking?