Letting Go of Our Myths

The stories we tell ourselves frame how we view the world, our place in it and how we respond to it. I call this internal viewpoint our myths, our prisms that interpret the world. The myths we create for ourselves have a profound impact on our ability to recognize and respond to change. Continue reading

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Bellco UBIT Case Victory

Judge Christine M. Arguello has issued her decision in Bellco Credit Union versus the United States of America. Continue reading

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Open Letter to Credit Union Leaders-The Emperor Has No Clothes

Credit union people are like family to me but like family sometimes there is a need to have a heart-to-heart talk. There is a crisis in our industry but very few of the people associated with the industry publicly acknowledge it… Continue reading

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Start your CUSO! 5 tips for strong CUSO formation

A CUSO, like any other business, needs careful planning if it’s going to make sense for your CU and become a viable business. If you and your CU are thinking about starting a CUSO, what should you be thinking about? Continue reading

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Is There a Business Case for a Single, National CUSO?

The U.S. Census Bureau reports that credit unions hold only 6% of assets among U.S.-based depository institutions. Continue reading

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Biz Lending CUSOs Not Under Anti-Money Laundering Proposal By Michelle Samaad

NACUSO said business lending CUSOs are not affected by an anti-money laundering proposal from the Financial Crimes Enforcement Network. Continue reading

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Aspire FCU Builds on Taxicab Medallion Success With Niche CUSO By Michelle Samaad

Even before arriving at Aspire Federal Credit Union, Paul Perez was very familiar with the taxicab medallion business. Continue reading

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TMG Announces CU Card Securitization Despite Toxic-Asset Flurry By David Morrison

Jeff Russell wants credit union executives to consider participations in credit union-issued credit card loans as one way they can boost their investment income in hard economic times. Continue reading

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The Evolution of the Credit Union Model

Sometimes things are so clear that they are almost self-evident. For credit unions it is clear that the credit union model is evolving in front of our eyes. Continue reading

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CUSOs Move From Collaborations to Collaborating

We really are fortunate to be working in an industry where collaboration and sharing of ideas are still prevalent. Continue reading

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