Social Media Blitz Creates Collaboration Success
Social Media Blitz Creates Collaboration Success Over 850 organizations took social media by storm for the 2nd annual #ILoveMyCreditUnion social media blitz on July 29. The goal of the grassroots campaign was to encourage authentic high-energy conversation across social media platforms to build credit union awareness. The campaign saw participation from all 50 states and 11 […]
2022 Western CUNA Management School Utah Attendees
2022 Western CUNA Management School Utah Attendees Congratulations to the 2022 Western CUNA Management School Utah Attendees! 1st Years Burton, Jennifer, Mountain America Credit Union Cannon, John, Mountain America Credit Union Frampton, Collin, Utah Power Credit Union Greenwell, Brett, America First Credit Union Griffiths, Michael, Mountain America Credit Union Hancock, KarmaLyn, Jordan Federal Credit Union Headrick, Rebecca, Cyprus Credit Union Jacquez, Britney, Utah […]
Diversity of Credit Unions
Diversity of Credit Unions Credit unions were first created to provide financial services to underserved communities. To this day they are owned and controlled by the people who use their services. Members of a credit union share a ‘field of membership.’ A Field of Membership is based on a charter written by the credit union […]
Supporting Financial Inclusion in the Fintech Space
Supporting Financial Inclusion in the Fintech Space From our partner, CUNA Mutual Group Ventures Building a bridge between inclusive fintechs and inclusive credit unions By: Elizabeth McCluskey, Director; CMFG Ventures What percentage of venture capital (VC) funding goes to Black, Latinx and female entrepreneurs? If you guessed somewhere near each group’s share of the population, […]
New member savings on Xfinity and Spectrum
New member savings on Xfinity and Spectrum We’re excited to announce that both Xfinity and Spectrum have joined the Love My Credit Union Rewards program, bringing credit union members more value and more reasons to love their credit union! Members can get the best of both worlds with internet and mobile together — switch, save […]
Consumers seek financial guidance and comfort from non-traditional sources
Consumers seek financial guidance and comfort from non-traditional sources Financial institutions must tune into consumer expectations and meet them where they are to retain and attract loyal customers Vericast’s latest research revealed how consumers’ relationships with financial institutions are changing, and in some surprising ways. Nearly half of respondents say they seek financial advice from […]
The National Credit Union Share Insurance Fund
The National Credit Union Share Insurance Fund In 1970, Congress created the National Credit Union Share Insurance Fund (NCUSIF). (1) The NCUSIF “protects members’ accounts in federally insured credit unions, in the unlikely event of a credit union failure. The NCUSIF covers the balance of each member’s account, dollar-for-dollar up to the insurance limit.” (2) […]
Original funding of deposit insurance
Original funding of deposit insurance When funds are deposited in a bank account, they’re insured up to $250,000 by the United States Federal government, through the Federal Deposit Insurance Corporation (FDIC). Likewise, when funds are deposited into a credit union, they’re insured for the same amount, but by the National Credit Union Administration (NCUA). Functionally, […]
Four winning plays for connecting with members
Four winning plays for connecting with members From our partner, CUNA Mutual Group. By Steve Danco, SVPDirect to Consumer Experience, CUNA Mutual Group Credit unions have long nurtured a deep trust with members. Historically, that trust has been difficult for even the most formidable opponent to duplicate. Difficult, yet not impossible. In fact, research shows […]
