by Feminella, Amy | Jul 4, 2021 | Credit Union Advisors
Congratulations! You’ve made it through the most difficult part. This past year has brought a myriad of unforeseen challenges to credit unions—loan forbearance, PPP small business loans, remote banking, the list goes on. But now, as the global pandemic begins to lift,...
by Feminella, Amy | Jun 27, 2021 | Credit Union Advisors
It’s no surprise that many credit unions feel compelled to do what’s right. Today more than ever, diversity, equity, and inclusion (DEI) are crucial in the workplace. At Newcleus Credit Union Advisors, we recognize that a true DEI commitment starts with discovering...
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 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...