Stable Economy. Strained Households.
Andrew Lepczyk, CreditUnions.Com
Wages briefly caught up with inflation, but rising costs have pushed them back into negative territory. Here’s what that shift means for member finances and credit union performance.
The May 2026 unemployment rate in the United States held stable at 4.3%, and the economy has yet to enter a prolonged recession despite repeated predictions. However, underlying data suggests conditions might be shakier than they appear. Inflation has crept back up, dragging real wage growth into negative territory…
Read MoreHere’s What Four CEOs Had to Say About Growth, Vendors, Their Futures and Much More
Frank Diekmann, CUDaily
Four CU CEOs shared some strong advice, opinions, lessons learned and more during a spirited CU Daily webinar where everything from finding new growth opportunities to eliminating “crap” vendors was discussed.
The webinar, “Size Isn’t Destiny: Four CEOs on Building the Next Great Era for Credit Unions,” had a special focus on smaller and midsize CUs and how they can ensure they are part of that “next great era” rather than being merged out…
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Helping Credit Unions Win Members in a Crowded Market: Introducing Filene's Center for Differentiation & Storytelling
Filene Research Institute
We’re excited to announce the launch of our newest Center of Excellence, The Center for Differentiation & Storytelling. This 3-year initiative, led by Fellow Dr. Jonathan Zhang, is here to help your credit union stand out in today’s crowded market.
It’s not hard to find headlines showing that the credit union industry is at an inflection point. Despite significant industry-wide campaigns to raise consumer awareness, NCUA data shows 56% of all credit unions, and 60% of those under $1 billion in assets, lost members in 2024…
Read MorePennsylvania Department of Banking & Securities Shares AI Resources Portal
While the field of artificial intelligence (AI) has experienced rapid development, AI technologies present both benefits and risks for financial services entities and consumers.
Artificial intelligence (AI) is technology that enables computers to simulate human intelligence, such as learning from experience, recognizing patterns, understanding language, and making decisions. Instead of being explicitly programmed for every action, AI systems use data to improve their performance and solve problems independently…
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