Commentary

A guide to efficient online account opening that drives member enrollment.

As the presidential campaign intensifies, I am struck by the common sense opportunity for all of us in the credit union world to come together and start to turn this country around. There is a practical way that we, as mission-driven people, can assert leadership and re-infuse energy into our...

CUSOs are the secret weapon of the credit union industry. That was a phrase that we used with our board of directors when we last updated them on the eight CUSOs that we own.

Four years ago, our nation was thrown into the deepest economic morass since the Great Depression. No question, the situation was dire. People lost their jobs and their homes. Banks and companies closed. Government officials scrambled to help bolster our fragile economy.

How words are banned, CUSOs are regulated and board members are and aren't appointed are some examples of a world gone mad.

I became interested in credit unions and cooperatives because they are business models that promote economic justice. I was looking for alternative to the traditional banking system that today appears solely to focus on profits over people.