CrossState Credit Union Association’s Post

What truly motivates employees to excel? It's more than just money; it's about connection, meaning, and impact. In this article for NAFCU (National Association of Federally-Insured Credit Unions), I share a powerful story that underscores this fundamental point. https://lnkd.in/eZRayEXt #ExecutiveCoaching #Business #ProfessionalDevelopment #EmployeeExperience #creditunion #NAFCU Credit Union Leaders NAFCU (National Association of Federally-Insured Credit Unions) Arkansas Federal Credit Union

Exciting credit union news! As of January 1, America’s Credit Unions is legally active! The organization, leaders and staff are focusing on advocating and positively impacting credit unions’ environment. Learn more about this new powerhouse national association for credit unions. #coopsolutions

Exciting credit union news! As of January 1, America’s Credit Unions is legally active! The organization, leaders and staff are focusing on advocating and positively impacting credit unions’ environment. Learn more about this new powerhouse national association for credit unions. #coopsolutions

Exciting credit union news! As of January 1, America’s Credit Unions is legally active! The organization, leaders and staff are focusing on advocating and positively impacting credit unions’ environment. Learn more about this new powerhouse national association for credit unions. #coopsolutions

Exciting credit union news! As of January 1, America’s Credit Unions is legally active! The organization, leaders and staff are focusing on advocating and positively impacting credit unions’ environment. Learn more about this new powerhouse national association for credit unions. #coopsolutions

Today is the 90th anniversary of the Federal Credit Union Act. Born as a solution to the financial crisis of the Great Depression, credit unions have served as a trusted, local financial partner of choice. As more of these unique financial institutions took hold, Congress acted to provide a legal framework, now known as the Federal Credit Union Act of 1934. Read more about how credit unions have been serving communities for 90 years at https://bit.ly/4eC3UcL

"I always tell everybody, the reason you join a credit union is you have a say in the matter of the governance of the organization. At the end of the day, the credit unions do so much in giving back to the membership." - Ryan Ross, MBA, CCE on the difference between Credit Unions and Banks. Read more from our President and CEO about Soarion Credit Union's recent name change, our growth, and the industry at large in the San Antonio Express-News article below!

On July 28th, celebrate your credit union by participating in the #ilovemycreditunion movement. Share your stories about why you love YOUR CU! I started early, today, and not intentionally. While talking with my stylist during a haircut, she inquired as to what made credit unions better alternatives to banks. Here is what I told her. Foremost, at a credit union, you are a Member (noticed I capitalized "Member"), not an account number. As not-for-profit financial co-operatives, our goal is to maximize our Members' financial health by putting them FIRST in EVERYTHING that we do! I'll never forget my first interview with a credit union where I was specifically told: "You'll still have goals. We will never terminate you for not hitting a goal, but we will fire you on the spot if you put our Members into a product that does not benefit them to reach a goal" (how refreshing is that?!). Next, we are Member-owned, meaning you, the Member, are a direct stakeholder with full voting rights and priviliges. Our Boards of Directors? Volunteers (not paid) elected from our field of membership! Our goal isn't to maximize shareholder value, it's to maximize Member well-being and we do that by reinvesting directly back into our organizations to offer higher rates on deposits, lower rates on loans, and technological advancements to make it easy to do business with us! Also, we have the full backing of the NCUA and our depositors are insured just as well as the banks are, if not more in some cases. Did you know that in our entire history, depositors have never lost even a SINGLE CENT at a federally insured credit union? Talk about recession-proof! Credit Unions, as a part of the co-operative spirit that makes us great, routinely help one another and work together on initiatives to move the credit union movement forward! That's right! We WORK WITH EACH OTHER to benefit ALL CU Members! I don't think Chase is picking up the phone to give advice to BOA... There are so many reasons to love your Credit Union, and if you haven't had the opportunity to explore what it's like on the other side, there's never been a better time to start! #CreditUnions #CreditUnionDifference #PeopleHelpingPeople #ILoveMyCreditUnion #CapitalizeMember

The attached article by my friend Paul Butterfield, published in CUInsight, encapsulates my views about the importantance of the credit union movement and its distinctives vis-a-vis traditional, for-profit banking institutions. Credit unions impact their communities and better the lives of their members, many of whom are people of modest means, underserved and underbanked. The credit union movement's role in the fabric of our communites is enormous. https://lnkd.in/gCMAh-5V

America's Credit Unions vision statement outlines their aspirations for the future. Credit unions are the backbone of the American economy. No matter how big or small, credit unions play an outsized and integral role in every community across our nation. While big banks continue to place profits first, we know that credit unions work for everyday Americans. Together, our collective success will lead us to a world where consumers look to credit unions as their preferred financial partner – a partner that cares about them, their personal goals, and their future, not their profit potential. This is what has lead us at Woop Insurance to the CU landscape, our focus on financial wellbeing, financial literacy, demystifying the insurance world and opening the door to substantial savings. Unlike many others though we watch over policy rates, notify customers of any changes from carrier or state government, helping customers make the most educated decisions that are right for them.