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  • Exterior of generic Credit Union building

    Why Credit Unions Are Joining Captives and What’s Driving the Shift

    John Harris

    in

    Credit Union , Employee Benefits , Healthcare , Self-funding

    Employer health insurance costs are rising at the fastest rate in 15 years, with projected increases of 9.5% in the coming year alone.

  • CEO and Female Professional Report

    How Credit Unions Are Collaborating to Protect Their ROA

    John Harris

    in

    Credit Union , Employee Benefits , ROA

    Rising federal interest rates are intensifying competition for low-cost deposits, pushing up funding costs and compressing margins across the credit union industry. After peaking at 1.07% in 2021, credit union return on assets (ROA) is projected to fall to 0.80% this year. “You can’t grow loans as quickly when deposit rates are rising,” says Mark…

  • African American Businesswoman trying concentrate while waiting job interview

    How Credit Unions Can Support Employee Mental Health

    John Harris

    in

    Credit Union , Healthcare , Wellness

    Mental health has become a defining factor in workplace satisfaction since the pandemic—and a clear opportunity for credit unions to lead.

  • group people volunteering foodbank poor people

    Community Engagement Ideas from Award-Winning Credit Unions

    John Harris

    in

    Credit Union

    Credit unions have a long tradition of giving back to their communities. Beyond member services, strong community involvement boosts employee engagement, reduces turnover, and improves profitability. We asked leaders from two standout credit unions — iQ Credit Union (Washington) and Leaders Credit Union (Tennessee) — how they build meaningful community connections and the benefits they…

  • businesspeople celebrating success

    Make Every Credit Union Leader Happy in Budget Season

    John Harris

    in

    Budget , Credit Union

    How do you balance competing priorities, fund innovation, support employee retention, and still deliver exceptional member service?

  • employee hiring process

    4 Credit Unions Share Their Secrets to Recruiting and Retention

    John Harris

    in

    Credit Union , Recruitment , Retention , Talent

    77% of U.S. executives say hiring and retaining talent is their top growth priority this year.

  • woman walking with cardboard box

    Credit Union Recruitment and Retention Tactics That Actually Work

    John Harris

    in

    Recruitment , Resignation , Retention

    Four out of five financial institutions face staffing shortages, driven by wage stagnation, job dissatisfaction, pandemic effects, and demand for remote work.

  • hr management recruitment magnifying glass small

    7 Benefits Credit Union Employees Want in Their Next Job

    John Harris

    in

    Compensation , Credit Union , Diversity , Employee Benefits

    Replacing one salaried employee can cost up to twice their annual salary, hurting member service and retention.

  • Desk work papers coffee pic

    4 Misconceptions Credit Unions Have About Self Insurance

    John Harris

    in

    Credit Union , Credit Union Insurance , Employee Benefits , Healthcare , Self-funding , Self-insurance

    High-quality employee benefits are essential for attracting and retaining talent in today’s competitive market. Many credit unions are exploring self-insured (self-funded) health plans as a smarter way to control rising healthcare costs without sacrificing coverage. Self-insurance is simple: Your credit union funds claims directly as they occur, avoiding insurance company profits, premium taxes, and unnecessary…

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