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Let the PXT Select Assessment Help You Find the Right Talent

Every organization has felt the pain of making poor “people” decisions, as well as the joys of finding rising stars. The PXT Select assessment provides you the right information to make informed talent decisions so that you engage the right people. It measures how an individual fits specific jobs within your organization through assessing one’s thinking style, behavioral traits, and interests.

Nov 17, 2020

Collaborate and Succeed

The CBS SBDO model enables a credit union to have full access to a local, experienced lender for a small fraction of a six-figure expense load. This same credit union also gets first right to fund any origination presented by the BDO being cost shared, which drives frequency with investment opportunity as well as growth / diversification for a credit union balance sheet
Nov 12, 2020

8 Tips for Managing your Cash Supply Chain and Inventory

Credit unions and other financial institutions have some of the most intricate supply chain systems in the world, specifically the cash supply chain. See these eight tips to help you assess and optimize your cash supply chain and vault, ATM and device inventory processes, so you can create more visibility, refine procedures, and keep your cash supply chain moving efficiently.
Nov 10, 2020

Fintech Partnerships Aren’t All or Nothing

The coronavirus pandemic is expected to further increase demand for digital banking channels as financial services providers fast-track their digital innovation efforts to protect themselves and their communities from future threats
Oct 22, 2020

Managing Interest Rate Risk with Derivative Hedging

Not surprisingly, the pandemic has left its mark on the credit union industry. In short, credit unions have experienced a swift increase in assets in 2020 as members continue to grow their savings. As is the case with any recession, consumers generally look to save during uncertain times. To combat this slowdown in consumer spending – responsible for approximately 70 percent of economic growth – the Federal Reserve has undertaken unprecedented measures to stimulate the economy.
Oct 14, 2020

Let's Get Digital

COVID-19 has changed our world of in-person contact and limited auditors' and examiners' ability to complete an onsite review of credit unions. Although digitalization has been a continuous topic over the years, we all received a push to enter the digital age with this year's "new normal." So we ask, how do we continue to make remote audits and exams go smoothly? Simple answer: digital transformation.
Sep 24, 2020

P2P Mobile Payment Solutions in 2020: What to Look for

Strengthen member relationships, enhance digital engagement, keep deposits in member accounts and attract new members with the right person-to-person solution.
Aug 27, 2020

Weighing the Strength of a Barbell Investment Strategy

As in professional weightlifting, a good barbell strategy may offer considerable advantages for credit union investment portfolios.
Aug 12, 2020

You Never Know When You'll Need A SAR

Credit unions are beginning to interact with examiners again, this time remotely. This does not change the importance of BSA review and the potential write-ups regarding the need to file Suspicious Activity Reports (SARs). It’s understood that some institutions are in very stable, closed communities that have little traffic or transients.
Jul 27, 2020

Post-COVID Mortgage Lending Requirements

We are living in fast-changing times. Lenders that fail to meet the changing demands of their borrowers will be ill-equipped to compete for their business.

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