2023 U.S. Economic Outlook and How it will Impact Credit Unions
By Steve Rick, Chief Economist for CUNA Mutual Group The latest economic and market data show a road to recovery, with slow growth in Quarter 1 through Quarter 2 of 2023. The U.S. economy is poised for a comeback next year, albeit rather slowly. 2023 Inflation and Interest Rate Predictions Inflation slowed to 7.7% year […]
A full scholarship to CUNA GAC could be yours
Enter to win an expenses-paid trip to the advocacy event of the year. It takes less than 30 minutes to enter. Just complete these two simple steps by January 20: Record yourself describing a time when your credit union helped a member—simple, unedited phone or Zoom recordings are perfectly acceptable Post the video in the Small Credit […]
Attention all Utah Debtor and Creditor Attorneys
The U.S. Trustee Program is implementing virtual section 341 meetings of creditors for all chapter 7, 12, and 13 cases in UTAH, Colorado, and Wyoming for all meetings beginning January 2023. These virtual meetings will be conducted via the Zoom platform.On December 12, 2022, the U.S. Trustee Program hosted an Information Session to assist participants […]
FROM OUR PARTNERS: Designing Products and Solutions with the Member in the Middle
By Abbie Rodriguez, Senior Vice President of Lending Experience for CUNA Mutual Group Over the past, we’ve seen how technology has changed traditional distribution channels. This change increased significantly during the pandemic when members were forced to use digital channels for nearly everything in their lives. This presented new challenges that tested our strategies for […]
Q3 2022 report
Q3 report confirms strong CU performance The Association’s latest summary of quarterly Call Report data, with a focus on Utah credit unions, is available for download here. The report confirms many trends already reported by industry economists, such as tremendous loan growth and increasing net interest margin and income. A few notable points: Credit unions […]
2022: Top Tips to Avoid Scams During the Holidays
2022: Top Tips to Avoid Scams During the Holidays ‘Tis the season to be extra vigilant against scammers! Whether you’re online shopping, donating to a charity or getting calls from relatives, scammers are lurking and it’s even more important to be careful and watch out for your loved ones. There are many types of scams: identity […]
2022 Year in Review
2022 Year in Review Thank you for another great year! We have enjoyed working alongside you this past year to further the credit union movement and better serve our community. A few highlights from this year are: Hosted 3 conferences with 737 attendees Fielded 524 compliance calls and emails Held 8 Credit Union Training Nights […]
FROM OUR PARTNERS: Talent Management & Culture in Uncertain Times
FROM OUR PARTNERS: Talent Management & Culture in Uncertain Times Credit unions and other employers are competing for talent in one of the tightest labor markets in U.S. history. While the labor market has cooled a bit, the Bureau of Labor Statistics recently reported that August job openings and the quit rate remained well above historical averages. […]
2022 Chair/CEO and Volunteer Summit
2022 Chair/CEO and Volunteer Summit This past weekend we held our annual Chair/CEO & Volunteer Summit! With over 180 registered attendees and a fantastic lineup of speakers, a great time was had by all! Some highlights from the two days include: Chair/CEO Summit Highlights Mike Schenk from CUNA presented credit bureau and polling data to […]
