Credit unions are all about options and choice today. It’s not because they are demanding, it simply speaks to the world we live in. From the days of having to go into a credit union branch during business hours and visit tellers, calling from a landline to check your balance to ATM machines in grocery stores, accessing your account after hours through drive through ATMs, remote access via online baking and online check presentment, which also allows your members to deposit their paycheck by taking a picture of the check.
Working at a credit union can be rewarding at any level. You become part of a family, work to solve and meet the financial needs/issues of your members, and make a nice living, too. Ultimately, you can move into upper management and eventually become CEO. If C-level credit union management is your career goal, here are some things you need to consider.
The last month of summer is upon us, but that doesn’t mean the idea of a relaxing beach vacation has to be over just yet. Many popular destinations around the world are capable of offering travelers their ideal vacation scenarios, but when you think about it, there are a few select places that come to mind. Hawaii, for instance has been a predominant tourist paradise for years from its breathtaking beaches and luscious landscapes, to its one-of-a-kind cuisine and fascinating culture. So with that being said, what better place is there to hold a conference in the middle of summer? The Wailea Beach Resort and Spa in Maui which is where the CU Conferences National Credit Union Directors Conference kicked off on August 23. This four-day retreat saw credit union directors, CEOs, board chairs and committee members from across the country gather together to discuss important industry topics, and focus on ways to grow their credit union. Attendees were left informed and inspired, all while enjoying themselves in paradise. Read More
Maintaining compliance at a credit union is no walk in the park. It has been an integral part of the credit union industry and posed a threat to some institutions in the past due to changing regulations and costs. Recently, our CEO, Richard Gallagher had an article published in the Credit Union Times where he discussed these issues and gave great insight into the changing landscape of credit union compliance. He touches on the past where many credit unions felt burdened or threatened by regulations and how today that idea has developed into something more positive and less overwhelming.