Drive Innovation, Today and Tomorrow
Strategic planning is both an obligation and an opportunity. Credit unions who plan well, execute well and employ innovation are the ones you read about today … growing faster, staying more relevant and becoming financially stronger. What makes one credit union’s plan better than another? Often, it is about how you plan as much as […]
Health and Financial Well-Being: Two Good Things That Go Better Together
The National Credit Union Foundation (the Foundation) today released a special brief entitled, “Health and Financial Well-Being: Two Good Things That Go Better Together” describing the need for financial service and health care professionals to collaborate to improve outcomes for the individuals they serve. The Foundation is focused on improving the financial health of credit […]
There Are Risk-Free Options for Credit Unions to Offer What Members Want
More and more credit unions are getting into the credit card arena. Jumping into a new program can be scary, or at least overwhelming, with all the requirements of getting it set-up, initial fees, etc. However it’s becoming a resource many members want; some even demand when choosing a new financial resource to manage their […]
$1 Million Grant to Help ACFCU Revitalize Neighborhoods
A $1 million grant will help Appalachian Community Federal Credit Union (ACFCU) and partners to revitalize neighborhoods and allow more than 100 low and moderate-income families to purchase or renovate homes over the next five years in the greater Tri-Cities. The U.S. Treasury’s CDFI Fund’s “Capital Magnet Fund” award supports affordable housing activities that attract […]
ORNL FCU Celebrates 70th Anniversary
On August 6, ORNL Federal Credit Union (ORNL FCU) celebrated its 70th anniversary. The credit union has been honoring its past, present, and future throughout 2018 in a variety of ways, including the recent announcement of a special dividend. For the first time since 2005, ORNL FCU will issue a special dividend to members. The […]
Heritage South Community Credit Union Announces McBee Retirement; Names Parham as Successor
Heritage South Community Credit Union Board of Directors President Ken Malone announces today that Marvin McBee, long-time chief executive officer of the credit union, will retire March 31, 2019. “The Heritage South Board of Directors honors the request by Marvin McBee to begin his well-deserved retirement on April 1, 2019,” Malone said, “and we announce […]
Navigating Risks in the Lending Landscape
While speaking at a recent credit union league conference, I was asked by an attendee, “Are we going to learn how to be risk-free?” I responded, “If our goal is a completely risk-free credit union, then we can turn off the lights and go home.” Risk is inherent in lending. Because there is risk in […]
A Full-Time Employee’s Doctor Says She Can Only Work Part Time at the End of Her FMLA Leave
Can You Fire Her? Most employers, including the one involved in the lawsuit the title of this article is based upon, Hostettler v. The College of Wooster, would answer this question “yes.” After all, the Family and Medical Leave Act (FMLA) regulations expressly provide that employers may terminate an employee if she is not able to […]
Poucher and Phillips Receive 2018 Hugh Watson Award for Leadership Excellence
The Southeast Regional Credit Union Schools (SRCUS) organization is pleased to announce that Michael Poucher and Dale Phillips have been awarded the 2018 Hugh Watson award at this year’s session of the Southeast CUNA Management School. Selected by vote of his classmates, this is the first time two students have received the award. Both students […]
Jasmine Ngo Wins Bowater CU’s Annual $2,000 College Scholarship
Jasmine Ngo of Cleveland, Tennessee, has been selected as this year’s recipient of Bowater Credit Union’s Annual $2,000 College Scholarship. In order to receive this scholarship, Jasmine competed against many other students who were evaluated based on grades, school activities, civic activities and an essay on the importance of credit unions in the lives of […]