I remember distinctly the pit in my stomach the first time I overdrew my bank account. I was 16 and working as a bank as I prepped to start a high school bank. It was highly embarrassing and humbling. I was a teller. I was supposed to know how to reconcile my checkbook. I was supposed to be leading the student body.
Category: Hot Takes
Selling 101: Do Credit Unions and Selling Play Well Together?
Credit union profitability is sliding downward. One consultant, Megan Cummins at Fiserv-owned Raddon Performance Analytics, insists that the fix is to nurture a sales culture within them.
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Digital Only Banks Rising
New research out of Juniper smacks most credit union leaders in the face. That’s because 50% of us now say we would consider switching to a digital-only bank. Indeed, many households already are actively contemplating a move to a digital-only bank.
Memo to Credit Unions: Embrace Diversity Now
This is a summer of discontent. Streets in many American cities, from Portland OR to Phoenix to Washington DC are filled with protesters demanding more opportunity, and better treatment for people of color.
What does this have to do with credit union people?
Potentially a lot.
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Up in Smoke: Cannabis, Credit Unions, and You
A question is getting asked these days that you probably never thought would be on the minds of credit union executives: should we get involved in cannabis banking?
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