Life after COVID-19; Proactive Loss Mitigation Strategies for your Loan Portfolio
By James Bullard, Senior Risk Consultant, CUNA Mutual Group Over the past two to three months, credit unions have certainly faced unprecedented times. In fact, if you’re like many; you are probably ready to move on. Through this time, credit unions had to: Transition a large percentage of employees to remote working arrangements Close lobby […]
Data Privacy and Credit Unions: What to Expect in 2020
In a changing digital world, many consumers continually weigh convenience and customized experiences with the privacy of their personal information. Consumers become accustomed to perks like scanning their loyalty card for an extra five dollars off, seeing an ad or coupon that fits their needs, enjoying faster searching, or matching a weather report with their […]
Beyond IT: How to Create an Organization-wide Cybersecurity Culture
Use awareness and training to make cybersecurity part of your culture. By Carlos Molina, Risk Management Consultant Employees may unintentionally cause data breaches by clicking on a phishing email or inadvertently downloading a malicious document or access a link on their work computer that allows hackers access to your system. Faced with such challenges, credit […]
Five Economic Indicators Every Credit Union Should Track
This year is off to a strong start. Despite the market roller coaster that ended 2018, we continue to see strong jobs numbers, low unemployment rates, and high consumer confidence. As we monitor how our economy performs in 2019 and into 2020, it is important to remain watchful on a few indicators that provide insight […]