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How do you grow business during a pandemic? Not to mention sinking oil prices, rising unemployment and a trade war with China. It’s enough to depress every credit union or community bank executive. As Jerome Powell, Federal Reserve Chair, said recently, “This is the...
I recently had the opportunity to sit down with Don Arkell, owner of CU Lending Advice.
Your strategic plan created last fall is more than likely in a trashcan somewhere. Thank you, COVID-19. Strategic plans are one of the many casualties left in the pandemic’s wake. While situations have certainly changed, the need for a strategic plan has not. [bctt...
How do we grow loans? When’s the best time to plan for the future? How do we go beyond simply making money?
“Mergers.” They can sound cold, and there’s a tendency to treat credit union mergers or mergers between community…
Strategic initiatives. Action plans. Timelines. Every credit union or community bank in some form or fashion has…
A Barn Swallow is a little bird found abundantly across North America…and it has a strategic focus unlike any other.
How many people attend your credit union or bank’s strategic planning session? Ten? Twelve? More?
Boxing legend Mike Tyson once famously said "Everybody has a plan until they get punched in the mouth." Sound familiar for your community bank or credit union strategic plan? For most credit unions and community banks, this thought is extremely poignant when thinking...
If done correctly, strategic planning for credit unions is a blast.
As you age, you tend to think more about your eyesight and vision. It’s only natural that the older we get the…
