by Feminella, Amy | Jan 4, 2021 | Credit Union Advisors
As you reflect on 2020 and the tremendous work your leadership team has put forth, you are likely thinking about ways to make sure this battle-tested team remains with your credit union for the long-term. A properly designed SERP can help you retain and reward those...
by Feminella, Amy | Dec 31, 2020 | Credit Union Advisors
It’s almost 2021! This past year has been challenging for everyone, especially credit unions. With that being said, it’s important to find new ways to generate income for your credit union in the next year. As we are unsure what the future may hold, it’s good to have...
by Feminella, Amy | Dec 23, 2020 | Credit Union Advisors
As we manage toward a post-COVID-19 environment unknown challenges abound. But credit unions can successfully manage through these challenges by sustaining a keen focus on critical dynamics, much like a pilot relying on an instrument panel to navigate summer storms....
by Feminella, Amy | Dec 21, 2020 | Credit Union Advisors
Recently I saw an article about the 50 credit unions with the highest efficiency ratio in the industry – efficiency ratio is operating expenses divided by (interest income less interest expense) plus non-interest income. This ratio is often referred to by: how much...
