CEO succession planning can lead to a great internal successor. However, succession planning should not stop at the CEO. A key component of succession planning is retention planning for key executives and failure to provide comprehensive strategies for key leadership positions can leave the credit union vulnerable. Without a well-developed retentio...
Strategic Leadership Appointments Bolster Kinective's Executive Team to Drive Innovation and Strengthen Market Position PHOENIX – Aug. 8, 2024 - Kinective, the leading provider of connectivity, document workflow, and branch automation software for the banking sector, today announced the appointment of Keith Fujinaga as Chie...
Denver, CO – Credit Union of Denver has selected Tony Nieto as its next Chief Lending Officer (CLO). The selection follows an extensive nationwide search facilitated by DDJ Myers, the well-known executive search and leadership development firm. “We’re thrilled to welcome Tony to the Credit Union of Denver team,” says Chr...
With an average member age of 53, credit unions are investing heavily in digital transformation in an effort to attract younger members. However, data shows that Gen Z and millennials value member-ownership, community focus, and personalized service. The human impact of “people helping people” cannot be replaced by technology. To stay competiti...
As a member-focused financial institution, Westerra Credit Union has found that one of the pressing challenges we and other credit unions face today is the increasing prevalence of fraud, particularly targeting adults aged 60 and older. According to the FBI’s Internet Crime Complaint Center, scams targeted at older adults increased by 14% in 2023...
Securing a business loan is essential for restaurateurs aiming to expand, renovate, or manage cash flow. As banking professionals, understanding and effectively communicating the key factors involved can significantly enhance your client interactions. Follow along as we outline what restaurateurs need to know about securing business loans.Asse...
LOWELL, MA (August 22, 2024) – Mark S. Cochran, President and Chief Executive Officer at Jeanne D’Arc Credit Union, is pleased to announce the promotions of Brandy Siegler to Assistant Vice President–Facilities and Melissa Surun to Systems Application Officer.Brandy Siegler joined the Credit Union in 2002 as a Te...
Credit unions are increasingly pressured to meet member demands for faster, more efficient payment solutions. In fact, according to Jack Henry’s 2024 Strategy Benchmark report , the overwhelming majority of financial institutions plan to expand their payment services within the next two years, with 63% of credit unions planning to add real -...
MADISON, Wis.— CUES and partner Currency Marketing are pleased to announce the Five Finalists selected to compete for the title of 2024 CUES Emerging Leader. For the second year in a row, this free program attracted a record-breaking number of applicants, with 36 promising professionals selected to participate from among more than 120. Of th...
Protecting your business from corporate espionage is critical. Small business owners and corporate executives must be vigilant to safeguard their assets and maintain their competitive edge. But with the widespread advance of technology and cyber-attacks, understanding how to protect yourself can be difficult. Below, we’re discussing how to protec...
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