Credit Union 1’s Post

📢Calling All Credit Union Professionals! I'm curious to hear from all of you: What has been the most influential experience in your credit union career? Whether it's a committee you joined, a course you took, a group you became part of, or any other pivotal moment, I'd love to know what made a significant impact on your professional journey. Please share your experiences and insights in the comments 👇. Let's inspire and learn from each other! 🌸🌱 #CreditUnions #ProfessionalGrowth #CareerDevelopment #CreditUnionCommunity

If you haven’t heard of all the things credit unions do to help consumers and members use financial services to their greatest potential, you’re missing out. Fortunately, America's Credit Unions is poised to emerge in 2025 as the credit union industry’s foremost voice, consolidating two prior associations into a single, powerful entity. Through education, advocacy, and support, America’s Credit Unions celebrates not-for-profit credit unions as engines of progress and community growth. Read more: https://lnkd.in/g3-9Z-bn

Aging member base is a critical question for the CU industry You might be earning huge revenues by doing the usual stuff like branch banking and serving the boomers with high profits and mimimal charge offs But you’re chasing your grave by ignoring the long term growth, which lies in Gen Z And the needs of the new generation are significantly different Example Genz loves to bank in a insta like UI Over visiting a bank in a beautiful building They love to plan for the next Africa trip Rather than planing for long term goals like kids ed Even worse a lot of them will turn DINKs (double income no kids) CU’s need to seriously consider this issue, cause making these changes will require a radical strategic transformation

🌟 Calling all credit union leaders! 🌟 How does your credit union define success in fulfilling its mission? 🚀 At CUCollaborate, we're passionate about helping credit unions like yours achieve their mission while maximizing margin. 📈 We've developed cutting-edge analytics and benchmarking tools used by over 200 credit unions to measure and improve their impact. From risk-based member benefit calculations to community impact measurements and income & demographic modeling, we've got you covered! 💡 But we want to ensure we're covering all bases. That's why we need YOUR insights! 🧠 🔍 How does your credit union currently measure success in fulfilling its mission? 💬 Share your strategies and best practices in the comments below! Let's collaborate and elevate the credit union community together. 💪 #CreditUnionSuccess #MissionFulfillment #CommunityImpact

SYL SPOTLIGHT: Megan Fey Why did you join SYL? I joined SYL to continue to grow my skill set and be able to really jump into the Credit Union experience. I wanted to be a part of something that can help other Credit Union employees in their journeys within the Credit Union system and be able to connect with other Credit Union employees with a similar mindset as myself. What is the best piece of advice you have ever received? The best piece of advice I have ever received is to stay true to myself. No matter what else is going on around you, keep true to your values and do what you feel is the right thing. What do you wish someone taught you a long time ago? I wish someone would have taught me how to manage my time and take more time for myself … OR how to change my own oil.. It’s surprisingly easy.

Navigating the Intersection of Profit and Purpose: A Perspective on Credit Union Competitiveness! Explore the strategic decisions behind balancing profit-driven initiatives with cooperative values in credit unions. Join Chad Miller as he shares insights on sustaining growth while staying true to Southwest Louisiana Credit Union's mission of 'people helping people.' Ready to find harmony in competition? Let's follow Chad's lead! (Link in comments to full blog) #Community #CreditUnions #MissionDriven #StrategicDecisions #Fintech

Credit unions are invaluable to their communities and are presented with new opportunities daily. So, why compete when you can collaborate? Chad Miller, President and CEO of Southwest Louisiana Credit Union, explores the importance of competition with a collaborative twist in the latest edition of the #FinottaFinfluencers. The competitive landscape for credit unions is evolving rapidly, but so are the opportunities. Learn why focusing on community impact and innovation is the winning strategy for credit unions in today's market. #CreditUnions #FinancialInstitutions #CommunityImpact #Finotta

💡 Ever wondered about the unique benefits of Black-led credit unions? Unlike traditional banks, credit unions are not-for-profit institutions with a focus on community empowerment. Renee Sattiewhite, CEO of the African American Credit Union Coalition, explains their origin in serving the underserved: "When banks wouldn't, credit unions did." 🌐✊ Black credit unions, like 1st Choice Credit Union in Atlanta, understand and address community obstacles. Dina Hairston, CEO, emphasizes the removal of barriers: "We look at the full person, the full picture, from the financial standpoint." Learn how credit unions like 1st Choice are not just financial institutions but cooperative communities striving for inclusivity. Read the full article here: https://lnkd.in/g-DiQjey #CreditUnions #CommunityEmpowerment #FinancialInclusion #BlackOwned

When’s the last time credit union employees were excited about the future of the industry? When’s the last time credit union employees were excited about their own credit union’s offerings? And by excited - I mean proud. We have a mission here at CU Digital One. And getting messages like this one tells me that we’re on the right path. Credit union employees are getting excited about the possibilities. This isn’t hype just for hype. This is critical progress. #creditunions #creditunionsrock

There are a lot of reasons why credit unions stand apart from other financial institutions, including our commitment to community. Our members are more than just run-of-the-mill customers, they’re the people that make up our own community. Read more about the credit union difference in our blog post, “Why Credit Unions are Good for Local Communities.” https://hubs.ly/Q02RzpQH0