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CDAs: The Best-Kept Secret of the Credit Union Movement

CDAs: The Best-Kept Secret of the Credit Union Movement

by Feminella, Amy | Apr 14, 2022 | Credit Union Advisors, Insights, NewcleusGives

What many CEOs call the “best-kept secret” of the credit union movement, is actually a capability that has been around for years. We’re talking about the charitable donation account, also known as a CDA. A charitable donation account is a straightforward way you—as a...
How to Attract New Board Members to Your Credit Union Board of Directors

How to Attract New Board Members to Your Credit Union Board of Directors

by Feminella, Amy | Apr 10, 2022 | Credit Union Advisors, Insights

The most common way credit unions recruit board members—the annual call for nominations and/or word-of-mouth from current directors and staff—is the least effective, according to Jeff Rendel, CEO of Rising Above Enterprises. So, how can you use other strategies to...
What Steps Can Your CU Take to Achieve Sustainable Growth?

What Steps Can Your CU Take to Achieve Sustainable Growth?

by Feminella, Amy | Jan 23, 2022 | Credit Union Advisors, Insights

Welcome to the fifth and final part of our strategic growth series. Throughout our preceding posts, we’ve discussed various topics, including: The rate at which your credit union needs to grow annually just to stay relevant in the CU movement: 9.2% How we arrived at ...
A Shared Initiative, Inc. Receives a $500 NewcleusGives Donation on Behalf of OnPath Federal Credit Union and Newcleus Credit Union Advisors

A Shared Initiative, Inc. Receives a $500 NewcleusGives Donation on Behalf of OnPath Federal Credit Union and Newcleus Credit Union Advisors

by Feminella, Amy | Jan 21, 2022 | Credit Union Advisors, NewcleusGives

A Shared Initiative, Inc. (ASII) receives a $500 NewcleusGives Donation from Newcleus Credit Union Advisors on behalf of Kelly Rodrique and Jared Freeman of OnPath Federal Credit Union. A Shared Initiative, Inc. was a nonprofit created by OnPath Federal Credit Union,...
What is My CU’s “Speed Limit” for Growth?

What is My CU’s “Speed Limit” for Growth?

by Feminella, Amy | Nov 16, 2021 | Credit Union Advisors, Insights

In our prior posts we’ve described the need to grow – both from a market relevance standpoint (9.2% per year – sustainably) and from an operating efficiency standpoint (all things being equal, operating expense per unit goes down as assets go up). Now, we...
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