CU Minute

Corporate Central's Relationship Development Manager, Mark Volz, shares his experience at The Wisconsin Credit Union League’s Unconventional hybrid conference.

Corporate credit unions have seen their member institution deposits increase 20.55% year-over-year as of July 31, 2021, on average (sourced from NCUA). If your credit union is still looking for answers surrounding these deposits, you are not alone.

Claims cost strategies look different for every credit union. Each credit union has their own culture and wellness strategies that align with their business. When evaluating healthcare plans, it is essential to develop a crawl, walk, run plan so that your business can successfully onboard a new plan with minimal disruptions.

No one could predict how the COVID-19 pandemic would disrupt societies, individuals, and institutions. From toilet paper shortages to Zoom parties, the pandemic has brought many surprises (and mysteries). One of the more unpredictable outcomes that arose is the national coin shortage. The U.S. Coin Task Force recommends continuing efforts to increase coin circulation.

Ransomware is a type of malware that threatens to publish a victim’s personal data and/or perpetually block access to it through an encryption unless a ransom is paid. Ransomware is often spread through phishing emails that contain malicious attachments or links. Credit unions can protect their business from ransomware by following these best practices.