(From Credit Union Journal) – With a legal battle, changes to the National Credit Union Administration board and new growth strategies, it’s been a busy…
What Financial Marketers Can Learn About Personalization from Amazon
Financial institutions are working hard to improve personalization just as consumers are getting more touchy about sharing data. Consumers willingly share data with Amazon. Why?…
New Study Finds a Conflict Between What Members Want Vs. What Management Delivers
A new study finds a conflict between what members say they are looking for and where credit union management teams are focused. The study also…
NCUA Releases Q2 2019 CU System Performance Data
Earlier this week, NCUA released data on the financial performance of federally insured credit unions for the quarter ending June 30, 2019.
CUNA Releases August 2019 Economic Update
On Monday, CUNA released the August 2019 edition of its Economic Update, sponsored by the CUNA Finance Council. In this issue, Deputy Chief Advocacy Officer…
Four Mainers Recognized as CU Rock Stars
Credit Union Magazine announced its 2019 Credit Union Rock Stars. This year, 50 credit union professionals and volunteers representing 30 states joined the exclusive ranks of…
League, Synergent, & Numerous CUs Named 2019 Best Places to Work in Maine
The Maine Credit Union League, Synergent, and numerous credit unions were recently named on the 2019 Best Places to Work in Maine list. The awards…
How to Handle Sudden Wealth
While a sudden financial windfall can change your life for the better, it can also create stress and cause you to undermine your own success.…
Free Webinar: The Dark Web & Your Credit Union
The Credit Union Webinar Network is now offering a free webinar focused on the dark web and the impact fraudulent online activity can have on…
Four Tips to Unlock Millennial Lending Opportunities
Due to their sheer size, millennials show the greatest demand potential for loan products, with mortgages, auto loans, and credit cards among the top three…
Credit Unions Are Staring Down a Liquidity Crunch
(From Credit Union Journal) – Credit unions are facing a liquidity challenge, and there are no easy answers. The loan-to-savings ratio is currently 86%, its highest…
New Study Highlights What Makes People Switch Credit Unions
Fee transparency, inertia, and friends and family are three of the biggest determinants in whether a member joins a new credit union or engages with…
Creating a Win-Win by Reducing Member Anxiety
CUNA Mutual Group’s Steve Heusuk breaks down findings from a survey the company commissioned that indicates reducing member anxiety can improve the customer experience and…
Making the Impossible Possible: If Willy Wonka Can, Why Not Credit Unions?
CU Insight uses a creative analogy to inspire credit unions to be the best financial partner they can be for more Americans.
Five Ways to Save on Utility Costs This Summer
In his latest blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, shares tips to help members save on their summer utilities expenses.
Synergent Recognized with New England Marketing Award
Synergent, your League’s service subsidiary, has been recognized with a New England Direct Marketing Association award in the category of Technique: Best Blog Copywriting. The…
Northeast CU Named a Best-In-State CU in NH
Northeast CU, which has five branches in Maine, was named a Forbes Best-In-State Credit Union in New Hampshire. This is the second year in a…
Gen Xers Are Falling Behind Financially
(From Credit Union Times) – Much has been written about the how millennials today are slower to marry and buy homes than young people of the…
Forbes Releases America’s Best Credit Unions List
For the second year in a row, Forbes announced its list of America’s Best-In-State Credit Unions and three credit unions in Maine have been honored…
Mobile App Payments On Rise, But at a Slower Pace
Payments made through mobile apps such Apple Pay are rising, but at a slower rate than in past years, according to a new report by…
Case Study: The Reverse Tier Savings Account That Gives More To Those With Less
As credit unions face liquidity constraints stemming from robust loan growth without the deposit growth to match, some institutions are re-thinking legacy products to catch…
How Sen. Warren’s Student Debt Cancellation Plan Would Affect First-Time Homebuyers
A new analysis examines Massachusetts Senator Elizabeth Warren’s proposal to eliminate up to $50,000 of student loan debt and the impact it could have on first-time…
Culture Drives Strategic Execution
In this article, the Credit Union Times examines the importance of organizational culture and highlights how a leader’s communication, actions, and examples serve employees emotionally…
Total CU Capital Increases 1.4% in March, Says CUNA MCUEs
Credit union loan balances increased by 0.3% in March, an acceleration relative to the 0.1% February increase, but the slowest March increase since 2013, according…
Millennials Really Don’t Understand Credit Unions
(From Credit Union Journal) – Ask a millennial, “What is a credit union?” and you’ll get some surprising answers, including “a small bank but with…