CU 2.0 Podcast Episode 149 Samira Rajan Brooklyn Cooperative Credit Union and Economic Inequality
It was the members’ personal stories that hooked Samira Rajan early in her employment at what then was known as the Bushwick Cooperative and now is the Brooklyn Cooperative. When she started there it was in 2001 as a volunteer via AmeriCorp Vista the recently founded credit union had assets of $299,000, four employees (including […]
Credit Union Social Media: Ads vs Content
For several years now, most credit unions have used social media to bring in new members and engage existing ones. However, changes to business accounts and advertising have affected their social media reach. So, we’d like to look at social media and content marketing for credit unions. How does the changing social media landscape affect […]
Credit Unions, Cryptocurrency, and Card Rewards
Most financial institutions have been slow on the uptake when it comes to cryptocurrency. It’s still a relatively new technology and represents a definite risk. But there might also be risk in steering clear much longer.
CU 2.0 Podcast Episode 148 Cathi Kim on Capitalizing Your Small Credit Union
Cathi Kim’s job title at Inclusiv, a trade association for community development credit unions, tells you why you need to listen to her. She’s Director of Inclusiv/Capital which means her focus is on finding ways for community development credit unions, often very small, to bring in new capital, which can come from a range of […]
Credit Union Marketing Tips for 2021 and Beyond
2021 has been much better than 2020 already. Last year at this time, marketers were scrambling to keep their credit unions afloat while keeping their members’ needs in mind. It was a delicate balancing act.
CU 2.0 Podcast Episode 147 Luis Pastor Latino Community Credit Union
Latino Community Credit Union was founded in 2000 in Durham NC when the community was rocked by a wave of robberies – even murders – of Latino workers who were paid in cash and were believed to walk around with their pockets stuffed with cash because they were unbanked.
Understanding the Credit Union Strategic Planning Process
Read the whole credit union strategic planning guide here. What is a credit union strategic planning process and why should you use one? What kinds of topics should you discuss? Who should be involved? If you are a new credit union executive or are thinking of doing your first credit union planning session, read on! […]
CU 2.0 Podcast Episode 145 Robert Siciliano on Ransomware and Who Do You Trust?
PSCU called it a growing credit union threat. CUNA Mutual called it one of the fastest growing malware threats. Security company Arctic Wolf has said there was a 520% increase in ransomware and phishing attacks in the banking sector between March and June 2020. NCUA has even issued a punchlist of steps to take to protect against ransomware attacks.
The 9% Solution: Growing Credit Unions by Banking on the Unbanked
A new report from the CFPB, “Consumer use of of payday, auto title and pawn loans,” underlines the magnitude of this issue. Nine percent of unbanked consumers are habitual users of high interest, high fee loans.
AI Case Study: QCash
This is an excerpt from FinAncIal: Helping Financial Executives Prepare for an Artificial World. Grab your copy here! This case study covers the leading player in AI-based small-dollar lending for credit unions, QCash. Stay tuned to the CU 2.0 blog while we feature more excerpts from our financial guide to AI! Purveyors of short‑term credit and small‑dollar […]