United Bank Corporation’s Post

Credit unions are invaluable to their communities and are presented with new opportunities daily. So, why compete when you can collaborate? Chad Miller, President and CEO of Southwest Louisiana Credit Union, explores the importance of competition with a collaborative twist in the latest edition of the #FinottaFinfluencers. The competitive landscape for credit unions is evolving rapidly, but so are the opportunities. Learn why focusing on community impact and innovation is the winning strategy for credit unions in today's market. #CreditUnions #FinancialInstitutions #CommunityImpact #Finotta

A Glimpse Behind Financial Empowerment in Kern County: Take a sneak peek at last week’s event where we captured some exclusive behind-the-scenes moments. Our very own Cristian Campos & Gloria Aguirre were at the forefront, imparting their wisdom about the advantages of credit unions. They delved into the myriad of benefits that come with membership, highlighting why it stands out as a more favorable option compared to traditional banking. Did you know? Credit unions are unique in that they are not-for-profit institutions. This means they prioritize the financial well-being of their members over profits, often resulting in lower interest rates on loans and higher interest rates on savings accounts, compared to traditional banks. They’re all about empowering their members and communities, making them a smart choice for those looking to make the most of their money! . . . . #STRATAsphere #FinancialLiteracy #CommunityEmpowerment #StrataCreditUnion #FinancialEducation

On this date, June 26, a significant historical event for credit unions in Florida occurred in 1934 when President Franklin D. Roosevelt signed the Federal Credit Union Act. This legislation established the foundation for the federal credit union system, allowing credit unions to operate across state lines and providing a legal framework that has enabled their growth and development ever since. This act was pivotal in promoting financial stability and security for millions of Americans, including those in Florida, by making credit available to individuals who were often underserved by traditional banks (MyCreditUnion.gov) (NCUA). #creditunionhistory #Floridacreditunions #Credituniondifference #Creditunions #Americascreditunions #Federalcreditunionact Additionally, the passage of the Federal Credit Union Act led to the creation of numerous credit unions across the state, helping to build stronger, more financially stable communities. This day marks an essential milestone in the history of credit unions, highlighting their role in fostering cooperative financial services and supporting local economies (NCUA). For more detailed information, you can explore resources at NCUA and MyCreditUnion.gov (MyCreditUnion.gov) (NCUA).

We made lasting connections at Excel 2024, the premier gathering for credit union professionals in New York state!    It was fantastic to reconnect with our clients and to exchange ideas with so many amazing credit union professionals. A big thank you to New York Credit Union Association for organizing such an incredible conference towards advancing the credit union movement by advocating, educating, uniting & supporting the interests of all credit unions in New York state.   Your efforts continue to inspire and strengthen the credit union community! #creditunions #automatedunderwriting #creditdecisions #aiunderwriting

Strategic planning sessions are upon us and I’m presenting and facilitating. Had an idea and you know me, ideas take action. We debate about member loyalty points and costs. And we want generational loyalty. What if the next generation inherits points and prestige value if they are actively engaged! Thoughts? America's Credit Unions Mitchell Stankovic and Associates #creditunion #cu_underground #generationalwealthtransfer

🎉 #CreditWeek is heading to #Wales this June! 🎉   Get ready to mark your calendars because Credit Week is making its way to Wales!   Here’s what you can look forward to: 💡 Innovative Insights: Dive into sessions that will shape the future of finance.   🤝 Networking Opportunities: Connect with leaders and changemakers from across the sector.   💬 Professional Development Opportunities: Make an investment in your future by tapping into unique learnings.   See Credit Strategy’s post below for more information and to book your place ⬇   Rachael Bayona   #WalesInvested #Wales #CreditWeek #FinanceIndustry #Networking #Innovation #Opportunity

Introducing our Leading Business of the Week: 𝙎𝙤𝙪𝙩𝙝𝙚𝙖𝙨𝙩𝙚𝙧𝙣 𝘾𝙧𝙚𝙙𝙞𝙩 𝙐𝙣𝙞𝙤𝙣! 🌟 Founded in 1953 as Moody Air Force Base Federal Credit Union, they have been dedicated to serving our community ever since. From humble beginnings to now eight branches serving over 26,000 members, their commitment to providing top-notch financial products and services remains unwavering. Joining is simple — if you live or work in any of their fourteen counties, you're eligible! Plus, membership isn't just for individuals; businesses and legal entities in our area can join too. #DidYouKnow: A credit union is a unique type of financial institution that operates as a not-for-profit organization. Unlike banks, which focus primarily on generating profits for shareholders, credit unions prioritize the needs of their members. When individuals open an account at a credit union, they become member-owners, entitling them to a share of the institution. Website: https://ow.ly/ufkH50QW2aq #SoutheasternCreditUnion #CommunityBanking #LocalFinance #MemberFocused

In an interview with the Kansas City Business Journal, Commercial Capital CEO Mitch Rice discusses how building a mutual trust with Kansas City area banks played a key role in the growth of Commercial Capital. Read more: https://hubs.ly/Q02Ff1Bt0 #EquipmentFinance #CommercialCapital

📈 If you've read our new #CoopEconomy report, you'll know that memberships of credit unions have increased by 40,000 in the last year. 🙋♀️ 🙋♂️ 🤔 But how are mutuals and credit unions actually supporting their members through the current cost-of-living crisis? 💬 In his latest blog Teddy Nyahasha, CEO of OneFamily, highlights just how committed mutuals and credit unions are to financial inclusion – "I believe our commitment to doing the right thing by our members and their communities shows that the centuries old values of mutuality still have a place in modern society." Read the full blog here 👉 https://bit.ly/45u3Lm5