This past Sunday, we watched the news talk shows featuring various governmental leaders from both sides of the aisle explain their positions on sequestration and its implications for the U.S economy. Despite the rhetoric and general mediocrity of the talking heads from Washington, D.C, I am very positive about this...
Don’t get distracted by the Washington bureaucrats that deaden the brain and your creative thinking. Build business plans that have accountability and responsibility to members.
Big Data has entered the business vernacular. Credit union managers need to know what it means and what it can do.
The full effect of the Dodd–Frank Wall Street Reform and Consumer Protection Act is still to be felt in the financial sector. Dodd-Frank creates an environment of increased scrutiny and heightened sensitivity by regulators and consumers.
Credit unions pose diverse regulatory challenge, but some things apply to all sizes.
Creating organizational responsibilities and defined accountabilities sets the right culture when vision, mission and core values are identified.
Doug Petersen, president/CEO of the $880 million Workers’ Credit Union in Fitchburg, Mass., recalls asking the president/CEO of a small credit union why he chose Workers’ to consider a merger deal.
This past month at the Credit Union Leadership Forum’s Edu-Leader Leadership Learning Series we focused on innovation, which can be one of the most challenging issues for credit unions.
A few weeks ago, I attended a regularly scheduled board meeting at a credit union. The CFO was delivering his financial report that included the line item reflecting the cost for employee health care. There was a discussion about this important issue and the impact it was having on the...
There are lessons to be learned about the ongoing debate that are applicable to all of us.