Growth-Driven Marketing Ideas for CUs in 2022

August 8, 2022 | Devon Wilson | Credit Union Resources

growth-driven marketing

  There are dozens of reasons credit unions run marketing campaigns. Your board of directors could be having you focus on increasing current member engagement, introducing new products or services, and overall growth. Many credit unions are focusing on a growth-driven marketing track as we move through 2022. Now that businesses, suppliers, and global economies […]

Continue Reading

Cybersecurity Best Practices for Credit Union Lending

August 1, 2022 | Devon Wilson | Cybersecurity

credit union lending cybersecurity

  Your credit union members are likely more worried about making sound and safe financial decisions, especially as housing and living costs rise with an unprecedented hike in inflation. In the last several decades, these costs have quadrupled in most areas of the country, while wages have yet to even double. That means your members […]

Continue Reading

3 Benefits of Data Discovery

July 18, 2022 | Devon Wilson | Cloud Computing

benefits of data discovery

  Like any business, a credit union’s data is an important asset for its operations. But if you don’t have the ability or expertise to analyze that data and use it effectively, you’re just sitting in a library waiting for the books to teach you something without you ever opening one. Data discovery is the […]

Continue Reading

Hidden Ways Your Credit Union Data Is at Risk

July 11, 2022 | Devon Wilson | Disaster Recovery

credit union data

  The importance of protecting your credit union data can’t be overstated. Unfortunately, there are many ways your data can be stolen, corrupted, or lost. From less-than-vigilant password protocols to accidental deletions, malware, and more – each of these threats presents unique challenges and accesses specific vulnerabilities in your cybersecurity and other data systems and […]

Continue Reading

Why Your Credit Union Needs Offsite Backup

June 13, 2022 | Devon Wilson | Business Continuity Planning

offsite backup

  Is your credit union considering implementing offsite backup services? An offsite backup is a tool used to replicate your credit union’s (or any business’s) data and store it on a server or medium that is housed in a different location. While local backups are a good start, those backups stored on a hard drive […]

Continue Reading

Disaster Recovery Dos & Don’ts

June 6, 2022 | Devon Wilson | Business Continuity Planning, Uncategorized

disaster recovery

  Credit unions have had their fair share of setbacks in the last year. However, the recent 4th quarter report from the National Credit Union Administration (NCUA) shows that assets, shares, and deposits grew during the last months of 2021. To capitalize on that momentum, your credit union must continue to provide more on-demand and […]

Continue Reading

Foster Financial Inclusion at Your CU

May 9, 2022 | Devon Wilson | Credit Union Resources

financial inclusion

  More than half of adult consumers in the US are financially unhealthy, according to a study from the Center for Financial Services Innovation (CFSI). And of the 1 in 5 Americans who have no bank account, all of them often choose to use nonbank options rather than your member-centered credit union. So how do […]

Continue Reading

CU Tips for Serving the Unbanked & Underbanked

May 2, 2022 | Devon Wilson | Credit Union Resources

unbanked underbanked

  The Federal Reserve has reported that 22% of US adults are unbanked or underbanked. And one of the top reasons Americans report not wanting to put their financial assets into the hands of banks and credit unions is because they don’t trust them. But this puts credit unions at an advantage over big banks […]

Continue Reading

Benefits of Cryptocurrency for Credit Unions

March 28, 2022 | Devon Wilson | Business Continuity Planning

cryptocurrency for credit unions

  The emergence of cryptocurrency has created a lot of buzz in the banking and financial industries. Its very name evokes ideas of cryptic, mysterious doings. As the world becomes more familiar with the intricacies of these new types of digital currency, it’s important for your credit union to know what the buzz is about. […]

Continue Reading

6 CU Tips for National Credit Education Month

March 21, 2022 | Devon Wilson | Credit Union Resources

national credit education month

    March is National Credit Education Month! This is a great time to help educate your credit union members about credit health, establishing credit, and much more. Younger generations of credit union and banking members are more inclined to use debit solutions. But credit is an important facet of financial health, and this is […]

Continue Reading