by Feminella, Amy | Apr 24, 2022 | Credit Union Advisors, Insights
Credit unions are looking for alternative investments as a result of extra cash on their balance sheets, persistently low investment yields, and the need for income predictability. One of the alternative investments that many credit unions of all sizes are using is...
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...
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...
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 ...
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...
