2021 Q4 Financial Report Released
2021 Q4 Financial Report Released The year-end Call Report figures show that Utah credit unions continue to perform well as their balance sheets and income statements inch toward pre-pandemic norms. Utahns continue to value services offered by their credit unions, as demonstrated by the continued growth in average member relationship, and increased penetration levels in […]
2022 Utah Legislative Update
2022 Utah Legislative Update During the legislative session we spent a lot of time at the capitol meeting with policy makers and monitoring bills to ensure credit unions were part of the conversation and not dragged through the mud. Here are a few items of note: We worked with legislators to get carved out of […]
3 reasons CUNA Mutual joined the FinHealth Fund (and why your CU should, too)
3 reasons CUNA Mutual joined the FinHealth Fund (and why your CU should, too) By Gerry Singleton, Vice President, CUNA Mutual Group According to the Bureau of Economic Analysis (BEA) the US economy grew by 5.7 percent in 2021. This represents the strongest calendar-year growth since 1984. GDP is a strong indicator of America’s overall […]
Why Connected TV Presents a Unique Engagement Opportunity
Why Connected TV Presents a Unique Engagement Opportunity From our partner, Vericast. Why Connected TV Presents a Unique Engagement Opportunity for Financial InstitutionsHarland Clarke, Webcast What is Connected TV? Why is it so important for marketing in commercial banking? This webinar explains how Connected TV offers a wealth of opportunities for banks and credit unions […]
Credit Union Deposit Insurance is Funded by Credit Unions, Not Taxpayers
Credit Union Deposit Insurance is Funded by Credit Unions, Not Taxpayers In 1970, Congress created the National Credit Union Share Insurance Fund (NCUSIF or Share Insurance Fund or, simply, the fund) to provide deposit insurance to protect the accounts of credit union members at federally insured credit unions.1 Like the FDIC’s Deposit Insurance Fund, the […]
How Credit Unions Can Build Successful Fintech Partnerships
How Credit Unions Can Build Successful Fintech Partnerships From our partner, CUNA Mutual. By Brian KaasCMFG Ventures President and Managing Director I can not think of a more exciting time to be part of financial services and the credit union movement specifically. The industry is undergoing one of the greatest revolutions in our history. It […]
Roadmap to Growing Your Credit Union’s Financial Advisor Team in the Age of the Great Resignation
Roadmap to Growing Your Credit Union’s Financial Advisor Team in the Age of the Great Resignation From our partner, CUNA Mutual. By: Rob Comfort, President, CUNA Brokerage Services, Inc. For the last several months, workers have been quitting their jobs at or near record levels. According to the latest Job Openings and Labor Turnover Summary […]
Financial benefits of credit unions for members
Financial benefits of credit unions for members Credit unions have an overall mission of improving the financial well-being of their members and serving their communities. You can expect several important benefits when you join a credit union, such as1: Better rates on loans and savings Better customer service Community involvement Support for diversity and inclusion. […]
Update on OSHA’s COVID-19 Vaccination and Testing Emergency Temporary Standard
Update on OSHA’s COVID-19 Vaccination and Testing Emergency Temporary Standard There has been a lot of movement since we last updated you about the status of the November 5, 2021 Emergency Temporary Standard (ETS) issued by The Occupational Safety and Health Administration (OSHA). The ETS required employees of large employers (100 or more employees, firm […]
