c. myblog

October 25, 2017

Strategic Questions around Indirect Auto Lending and Member Growth

How does your credit union define success when it comes to growth?  For some credit unions it might be asset growth, growth in loans, or growth in membership.  If one of your credit union’s key strategic objectives is growing membership, having the business intelligence to understand where new members are coming from becomes important.  This […]

October 4, 2017

The Equifax Data Breach and Some Important Considerations

The true consequences of the Equifax breach will remain unknown for quite some time to come. During our recent strategic planning sessions, the business impact of this breach has been a high priority for management teams. They are discussing various issues, such as: Should we change our account opening process? If yes, How should we […]

September 28, 2017

Driverless Car Innovation Drives Impact on Financial Services Industry

It’s not too soon to start thinking about the possible strategic implications of driverless cars and driverless car technology on the financial services industry. Billions of dollars are being invested by numerous companies and sectors to propel the use of driverless technology. The impacts can be far reaching. To leverage possible opportunities requires advanced critical […]

August 30, 2017

Three Practical Ideas For Intentionally Strategic Boards

The following article was written by c. myers and originally published in the CUES Professional Development Library on August 14, 2017. Board governance is a hot topic, as it should be. Effective boards and board members are essential to the success of the credit union industry. And it’s a fact that boards need to continue […]

August 23, 2017

Balancing Credit Union IT Projects Using A Member-Centric Approach

Technology innovation is exciting!  The newest technologies can change credit union business models, create a new customer experience, improve service, and reduce costs.  Consumers have more choices for ways to conduct their financial transactions than ever before, and we are a culture that values choices. Leaders face questions about how to best utilize the credit […]

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