Blog

Managing CU Employee Turnover

February 28, 2022 | Devon Wilson | Credit Union Resources

credit union employee turnover

  There are several workplace trends that will affect how your credit union weathers 2022 and beyond. One of the most significant is the competition for attracting and retaining talent. 2021 saw the Great Resignation, a movement characterized by massive amounts of people quitting their jobs to look for work that better suits their lifestyle. […]

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Benefits of a Diverse Credit Union Board of Directors

February 21, 2022 | Devon Wilson | Employee Well-Being

diverse credit union board of directors

  Diversity is something every business and governing body can benefit from. Diverse groups can offer more creative and innovative solutions, and they consider more perspectives that groups with similar members in terms of age, race, religion, education, and background may not. But what does that mean for your CU? Let’s discuss the benefits of […]

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How to Embrace the Future of Digital Banking

January 31, 2022 | Devon Wilson | Credit Union Resources

digital banking

  When we talk about the future of banking, a lot of that future is rooted in the digital transformation that will take place in the next several years. Online loan applications, cryptocurrency – these services and more will be the differentiators for success as we move through 2022 and beyond. Here’s how your credit […]

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Top 2022 Credit Union Priorities

January 24, 2022 | Devon Wilson | Business Continuity Planning

2022 credit union priorities

  We’ve previously shared some planning strategies for your credit union for 2022. Now that we’re past the holidays, the first months of the year will be dedicated to working through the best ways to address your top 2022 credit union priorities. Resiliency was the word of the year for credit unions in 2021. In […]

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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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