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.
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 […]
CU 2.0 Podcast Episode 144, Randy Icelow Rolling F Credit Union, From a Temp Gig to CEO
At 29, Randy Icelow said he was a temp worker for a bus company in California’s Central Valley and flashforward to now he is 38 and CEO of a $63 million credit union, Rolling F based in Turlock CA, where its SEG is Foster Farms, one of the biggest chicken companies in the country.
PSCU’s 2021 Virtual Member Forum Put a Touch of ‘Magic’ on Digital Innovations
By W.B. King Originally published by Finopotamus – Fintech News for Hungry CUs From words of encouragement by keynote speaker and NBA legend Earvin “Magic” Johnson to discussions on human-centric brands, digital natives, fraud protection and technology investment opportunities, the 2021 PSCU Virtual Member Forum provided actionable insights.
Could This Be the End to Credit Union Fees?
Like our Fintech Friday series? Check out the Fintech Spring Meetup! Credit Unions join free with code CUHOST! Sure, fee income is great for increasing non-interest income. But ironically, that revenue comes at a cost. Or, a few costs, actually.
CU 2.0 Podcast Episode 143 Stephanie Smith America’s Credit Union Museum
The building still stands at 420 Notre Dame Avenue in Manchester NH. That’s where the nation’s first credit union – St. Mary’s Bank – opened its doors in 1908, to serve founding French American mill workers (and, yes, much of the original paperwork was written in French).