The housing blues — One Bourbon, One Scotch, and One Beer
I don’t drink, but I’ve enjoyed the classic blues song, “One Bourbon, One Scotch, and One Beer,” for as long as I can remember. In 1977, George Thorogood sang a compelling story about a man who lost his job. Unable to pay his rent and thrown out by his landlady, he tries and fails to […]
Small credit union lenders – kicking ass and taking names
According to CUNA Mutual’s Credit Union Trends Report – December 2021, credit union consumer loan growth peaked at 10.5 percent in 2016. It has decreased annually since then, reaching 5.9 percent in 2021. Drilling down a bit further, the chart below reflects the loan growth challenges smaller credit unions have faced during the past two […]
Being a credit union of substance
I recently had a wonderful conversation with a friend about people we know who are of real substance – those people in our life who we admire and who have made a big difference in the lives of those around them. These people bring more than a set of ideas; they also have the character, […]
CDFI credit union rising
The unprecedented pandemic related stimulus money that has been approved for the CDFI Fund has created a historic response from credit unions. Existing CDFI credit unions are stretching to expand their community development and outreach programs. Many more low-income designated credit unions are pursuing CDFI certifications in pursuit of greater community outcomes and of course […]
Is Your Brand a Line in the Sand?
Your brand consists of the perceptions and images that represent your credit union. Many credit union leaders think of their brand only as a logo or tagline, but a meaningful brand is so much more. Your brand is the promise of what you’ll deliver, your members’ experience, and most importantly, what your organization stands for. […]
