CUSO Magazine

As we move into 2025, the CUSO Magazine team took a moment to reflect on 2024 by sharing the most widely read articles of the year. https://lnkd.in/gFQw9Dhk

The National Credit Union Administration has approved an investment pilot program which will permit up to 30 complex federal credit unions (over $500 million in assets) to invest in ways previously prohibited under part 703 of NCUA's regulations, reports Esteban Camargo.https://https://lnkd.in/g34ZYbhh

The Central Liquidity Facility exists to provide credit unions with liquidity lending, and yet it hasn't had activity in years. Not only that, but they're struggling to manage their assets and Chip Filson is wondering whether credit unions still need it. https://lnkd.in/g6KrcMnd

At last, we have made it to the main event, dear reader! If you read my Thanksgiving article, you’ll know that I find the December holiday season far superior to all other holidays, thanks to the longevity and fanfare of the festivities. After all, what other time of the year comes with month-long celebrations, decorations, movie marathons, special foods, and traditions? But while these things certainly make the season the clear winner in my mind, it is important to remember that all this merrymaking comes with a hefty price tag, in addition to other increased expenses. Layoffs increased 4% in...https://lnkd.in/gUN3zak3

Converting all indirect members into full-fledged members is every credit union's dream, though easier said than done. Emily Claus discusses how to make the most of your interactions with an indirect member and what roadblocks might be keeping them from committing to you as a primary financial institution. https://lnkd.in/gHWpR596

As the credit union moves forward in engaging with artificial intelligence, Tonya Cohen reminds the industry why it's important to handle the technology with care and caution, lest its misuse damage the credit union's brand and member trust.https://https://lnkd.in/gPwEWMFj

The CFPB has finally made a move in the overdraft fee standoff, triggering fast response from advocacy groups and financial institutions alike, reports Emily Claus.https://https://lnkd.in/g-vcvRzJ

With a new President incoming and NCUA Chair Todd Harper's term ending in August 2025, Chip Filson is asking who credit unions would like to see appointed to the role, and what attributes that person will have. https://lnkd.in/gkmKjjph

Route 31 Credit Union's Nick Green says waiting might be a bigger risk than taking the leap into new business ventures. Green shares what he believes good leaders must do to ensure their businesses don't stagnate. https://lnkd.in/gRS5Q_Yr

Project management is a career choice, but it's also a skillset that can be developed to help you with your work and to get noticed at your organization. Dawn Moore shares some practical methods to manage projects to advance your career.https://https://lnkd.in/gdSQHSS9