Blog

2022 Credit Union Planning Strategies

December 27, 2021 | Devon Wilson | Business Continuity Planning

credit-union-planning-strategies

  It’s that time of year: everyone is talking about the holidays and making their New Year’s Resolutions lists as we look forward with hope (and more than a little apprehension) to the things next year will bring. As your staff wraps up 2021, it’s time once again to dive right into your 2022 credit […]

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Why Credit Union Member Retention Will Be Huge Next Year

December 20, 2021 | Devon Wilson | Credit Union Resources

credit union member retention

  We’ve all heard some variation of the phrase, “It’s 5 times more cost-effective to keep an existing customer than to create a new customer.” And while that sentiment is still true – credit unions spend more money converting a potential member than keeping an existing member satisfied, it’s a little more complex than that. […]

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Debunking 3 More Credit Union Cloud Myths

November 29, 2021 | Devon Wilson | Backup, Uncategorized

cloud myths

  In a previous blog post, we debunked 3 credit union cloud computing myths, and we’re here to do it again. Cloud computing has been gaining popularity for years, but the events of 2020 and 2021 have accelerated widespread adoption. And with that rapid change comes new concerns. Let’s debunk 3 more common credit union […]

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4 Reasons Your Credit Union Should Embrace the Cloud

November 22, 2021 | Devon Wilson | Cloud Computing

embrace the cloud

  COVID-19 accelerated banks’ transition to the cloud, but you should never do something just because everyone else is doing it, right? So let’s talk about some of the best reasons your credit union should embrace the cloud. Cybersecurity 83% of organizations globally store sensitive data on the cloud. That means the cybersecurity measures that […]

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6 Benefits of Offsite Data Storage

October 25, 2021 | Devon Wilson | Backup

offsite data storage

  Colocation is one of the big players when it comes to digitizing your credit union processes and keeping your data safe and secure. Renting offsite physical space to house your data is a great disaster recovery practice, which should be a part of every credit union’s business continuity plan. Here are some of the […]

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Tips for Increasing Member Engagement This Holiday Season

October 18, 2021 | Devon Wilson | Credit Union Resources

member engagement

  Before the end of September, retailers were putting out Christmas decorations. As the debate about when it’s “appropriate” to start shopping and planning for the holiday season rages, it feels worse than normal this year, and there’s a reason for that. Tons of news outlets and retailers are echoing the same sentiment: shop early […]

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5 Non-traditional Ways to Attract Talent

September 27, 2021 | Devon Wilson | Small Business

attract talent

  Before the COVID-19 pandemic, Millennials and Gen Z were already shaking up workforce norms and expectations. We’ve heard for the better part of a decade that Millennials want more flexibility in the workplace, and now as Gen Z enters the global workforce – and with the added stress of a labor shortage in America […]

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Lending Trends in 2021 & Beyond

September 20, 2021 | Devon Wilson | Credit Union Resources

lending trends

  The benefits of digital lending are undeniable, and as more lending services enter your members’ market, it’s crucial to be aware of the latest trends in lending. Lending programs are being offered by more than just banks and credit unions – retail giants like Amazon are continuing to expand their financial services, aiming to […]

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4 Ways Bad Data Can Harm Your CU

August 30, 2021 | Devon Wilson | Credit Union Resources

bad data

  Not all data is created equal. Just because you are collecting mountains of data, it doesn’t necessarily mean you have good data. In fact, it’s much easier to collect and use bad data. What is Bad Data? Bad data can be a host of things. It can be incorrect or outdated information. It can […]

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