by Feminella, Amy | Jun 13, 2021 | Credit Union Advisors
The onset of the COVID-19 pandemic flipped our world upside down, changing nearly every aspect of our day-to-day lives. One thing the pandemic especially affected, however, is the way businesses operate. After over a year of adjustments, quality leaders today are...
by Feminella, Amy | Jun 7, 2021 | Credit Union Advisors
It’s a time like never before. Loan demand is off, as refinancing slows, CU non-interest income will suffer, consumer spending is constrained, and loan growth is stale. As a credit union, what can you do? Since credit unions are swimming in cash, have you thought...
by Feminella, Amy | May 30, 2021 | Credit Union Advisors
There are many benefits to utilizing deferred compensation plans. For credit union executives, deferred compensation plans bring long-term benefits that extend far beyond salaries and bonuses, including perks like additional life insurance and cash payouts. As we...
by Feminella, Amy | May 17, 2021 | Credit Union Advisors
The COVID-19 pandemic brought many changes for credit unions. These changes came in the form of stimulus packages, government programs, excess liquidity on balance sheets, and more. But there’s another important program surfacing that’s important to know about—let’s...
by Feminella, Amy | May 10, 2021 | Credit Union Advisors
Deferred compensation plans can be a valuable tool for your credit union. In the current market, we’re seeing a lot of executive turnovers as well as tremendous competition for talented individuals across the marketplace. Deferred compensation plans can be a sound...
by Feminella, Amy | May 3, 2021 | Credit Union Advisors
Traditional, service-focused, and community-based are three descriptions that come to mind when thinking about credit unions. The traditional, high-touch aspect of credit unions, was virtually stopped in response to the global pandemic. In order to maintain the...
