by Feminella, Amy | Apr 28, 2021 | Credit Union Advisors
The future of your credit union depends on it. The newest generation, Gen Z, born between 1997 and 2015, makes up $143 billion in buying power. That’s about 40% of all consumer shopping. WOW. Clearly, attracting this demographic is essential to the success of your...
by Feminella, Amy | Apr 23, 2021 | Credit Union Advisors
At Newcleus CU Advisors, we’ve seen credit unions struggle under the weight deposits inflated by unprecedented government stimulus. As wave 2 of stimulus hit balance sheets in March, credit unions continue to struggle to find ways to deploy excess deposits. With tax...
by Feminella, Amy | Apr 14, 2021 | Credit Union Advisors, Insights
Loan regime split dollar, also known as collateral assignment split dollar, has become a very popular deferred compensation arrangement for credit unions and nonprofit executives. When structured appropriately split-dollar plans are relatively flexible and have...
by Feminella, Amy | Apr 12, 2021 | Credit Union Advisors
The topic of diversity, equity, and inclusion is continuing to gain momentum in all industries. As we look towards the future, people want to see equality in all levels of organizations. We’re all continuing to learn that our differences are powerful in uniting us. As...
by Feminella, Amy | Apr 5, 2021 | Credit Union Advisors
At Newcleus CU Advisors, we have come into contact with plenty of credit union board members, CEOs, and CFOs. In this time, we’ve discovered that sometimes the board members need a little guidance on what they need to know when they begin working with the credit...
by Feminella, Amy | Mar 28, 2021 | Credit Union Advisors
Mike Downey, one of our Senior Managing Directors at Newcleus CU Advisors is remarkable at what he does for our credit unions. He is also remarkable outside of his role at Newcleus. In an effort to give you a peek behind the scenes of Mike Downey’s life outside of his...