Important Credit Union Regulatory Hot Topics

June 26, 2023 | Devon Wilson | Business Continuity Planning

credit union regulatory

  As a credit union, staying up to date on regulatory trends and concerns is crucial to ensure compliance and avoid penalties. With the ever-changing landscape of financial regulations, it can be challenging to keep track of the latest developments. That’s why we’ve compiled a list of key credit union regulatory hot topics to help […]

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Silicon Valley Bank Collapse: 4 Takeaways

June 12, 2023 | Devon Wilson | Business Continuity Planning

silicon valley bank

  Silicon Valley Bank is one of the most prominent financial institutions in the tech industry, providing banking services to startups and venture capitalists. Recently, the bank experienced a security incident that affected its clients’ sensitive information. This incident has raised concerns among Silicon Valley Bank’s customers and other businesses alike. We will examine the […]

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The Cost of Bad Data

May 22, 2023 | Devon Wilson | Credit Union Resources

cost of bad data

  Good data is essential for businesses, especially credit unions. But what many credit unions need to realize is that bad data can come with a hefty price tag. From decreased operational efficiency to missed opportunities to grow your business, the cost of bad data is real and often underestimated. To help you understand these […]

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How Credit Union Data Analytics Can Improve Financial Performance

May 8, 2023 | Devon Wilson | Business Continuity Planning

credit union data analytics

  In the modern age, credit unions are increasingly turning to data analytics to gain a better understanding of their financial performance. By leveraging data analytics, credit unions can track customer preferences, improve the member experience and ultimately increase their profits. With the right strategies in place, credit unions can use data analytics to gain […]

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4 Powerful Credit Union Brand Strategies

April 24, 2023 | Devon Wilson | Credit Union Resources

credit union brand strategies

  Having an effective brand strategy is essential for credit unions to stay competitive in the marketplace. Strong credit union brand strategies can help to differentiate your business, attract customers, and make your institution stand out from the competition. Let’s explore some powerful credit union brand strategies that you can use to create a successful […]

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Data Quality for Credit Unions: Best Practices

April 10, 2023 | Devon Wilson | Credit Union Resources

data quality for credit unions

  Data quality for credit unions is an essential component of effective CU management. Keeping accurate and up-to-date records, such as member information, enables credit unions to provide the best services to their members. To ensure data quality, it is important for credit unions to employ best practices in data handling and regularly review existing […]

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2023 Lending Trends for Credit Unions to Watch

March 20, 2023 | Devon Wilson | Credit Union Resources

2023 lending trends

  The lending landscape (especially when it comes to digital lending) is constantly shifting, making it hard for credit unions to keep up. As we look ahead in 2023, there are several emerging trends within the credit union industry that credit unions should be aware of. From new technologies to more traditional methods of attracting […]

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9 Top KPIs for Credit Unions

March 6, 2023 | Devon Wilson | Business Continuity Planning

kpis for credit unions

  Credit unions are an important part of the financial services industry. As such, it is important to measure their performance and progress in order to maintain a high level of service and meet customer needs. In the highly competitive world of credit unions, it is essential to measure performance using Key Performance Indicators (KPIs). […]

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Green Finance as a Growth Opportunity for CUs

February 20, 2023 | Devon Wilson | Credit Union Resources

green finance

As the world grapples with climate change, we’re seeing a growing demand for green finance solutions. This is an opportunity for credit unions to capitalize on this growing market and benefit from potential growth opportunities. By embracing green finance, credit unions can increase their profile as responsible lenders and be part of the fight against […]

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Essential Network Performance Metrics for the Financial Industry

February 6, 2023 | Devon Wilson | Credit Union Resources

network performance metrics for the financial industry

  Cybersecurity is a major concern for companies across all industries, especially in the financial sector. The financial industry is facing a unique set of challenges. With vast amounts of sensitive information being exchanged, organizations must take extra precautions to protect their data. To ensure that their networks are safe, financial institutions should be aware […]

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