How Credit Unions Can Make the Most of the Governmental Affairs Conference (GAC) 2024

The credit union movement’s biggest annual advocacy event, the Governmental Affairs Conference (GAC) hosted by America’s Credit Unions, will occur this year from March 3 to 7 in Washington, D.C. and draw an estimated 6,000 attendees, including CEOs, board members, and executives. In addition to networking and informative sessions, the event offers credit union leaders […]

How Non-Organic Growth Strategies Can Lead to Explosive Growth in the Credit Union Movement

Achieving unprecedented growth takes strategic planning, ongoing examination, and access to the information required to consider and pursue opportunities. There is a surge of innovations, fintech partnerships, and bold ideas occurring in the credit union movement that every leader should consider, as ignoring them could pose a risk to significant future growth. In this episode, […]

Should You Park Your Money in CDs Right Now?

ACT Advisors founder Doug English, CFP®, MBA, was a recent podcast guest on the South Carolina Business Review with host Mike Switzer. The pair discussed why Doug thinks CDs are an attractive savings instrument, especially in today’s high interest-rate environment. Doug shares that CDs, in general, are an effective tool for investors who want predictable, […]

What Executives Can Learn from Credit Union Failures

Former credit union CEO Maurice Smith shares what causes credit unions to fail and lessons leaders can learn from credit union failures.

When “C.U. on the Show” guest Maurice Smith was a kid, his father encouraged him to read the newspaper every day and pay particular attention to the stories centered on failures, such as a company going under or a leader making a fatal organizational mistake. Why? It created a roadmap of what not to do.  […]

How Credit Unions Can Create First-App Status Using Data, Generative AI

In recent years, credit unions have made significant strides in enhancing their digital banking platforms and addressing challenges posed by the pandemic, such as high deposit rates. However, today credit unions are facing a new focal point—data—which the 2023 Strategy Priorities Benchmark Survey conducted by Jack Henry & Associates® explores. In the report, respondents, including […]

How Credit Unions Can Use Data to Maximize Mission and Margin

From Amazon to Apple, the largest, most successful companies are using data to gain more significant consumer insights, produce better products and services, and capture more business. Financial institutions are no exception, with large banks currently having a competitive advantage over market and member data. However, podcast guest  Sam Brownell, CUCollaborate CEO and founder, wants […]

The Unique Opportunity SECURE Act 2.0 Offers Credit Union Executives

Last year, we released our white paper, The 125% Credit Union Executive, with ground-breaking data describing how credit union leaders could unlock up to 25% more in assets from their executive benefits by applying optimized executive financial strategies. In late 2022, the Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 was passed, including […]

Credit Unions & The Power of Liquidity in a Complex Financial Landscape

With a rising interest rate environment, inflationary pressures, and increasing loan-to-share ratios nearing 90%, credit unions must find ways to mitigate risks to their balance sheet, and accessing liquidity is an integral component. National Credit Union Administration (NCUA) Board Member Rodney Hood joins “C.U. on the Show” to discuss how establishing various lines of capital […]

How Bold Leadership Can Accelerate the Credit Union Movement

As credit unions continue to celebrate Leadership Month, Doug welcomes three credit union advocates in the fintech space to “C.U. on the Show” who believe leaders should get comfortable taking risks, innovating, and making bold strategic decisions if the credit union movement is to stay competitive—and survive. The conversation invites listeners to embrace bold leadership […]